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Investment signal

$525,000

84 BANK STREET N

Save this home

Beds

4

Baths

4 full + 1 half

Sqft

Year

Type

Multi-family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Renfrew. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

A fantastic income-generating opportunity with potential for a triplex. This well-maintained, two-storey home includes a secondary suite and is tucked away on a quiet street with peaceful creek views behind the property. The main-level unit (Unit 1) features a bright, open-concept layout with one bedroom and a full 4-piece bathroom. The second unit offers generous living space, including a spacious kitchen, three bedrooms, and a large 4-piece bathroom on the main floor, plus an additional spacious 4-piece bathroom on the upper level. Upstairs also includes a flexible room currently set up as a kitchen, which could easily remain or be converted into a fourth bedroom. The basement that is accessed through Unit 2, adds extra functionality with laundry facilities, a spacious recreation room and more- it also has a wood stove and separate toilet and shower. Outside, the property offers paved driveways on both sides along with a detached garage, providing plenty of parking and storage. Conveniently located within walking distance to downtown and close to scenic trails. With rental potential and opportunity for flexible living arrangements, this property is an excellent opportunity for investors or multi-generational living. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
540 - Renfrew
Lot dimensions
66 x 104.2 FT
Bedrooms
4 above grade
Parking
4 total
Stories
2
On market
Apr 10, 2026
Status changed
Apr 24, 2026
Annual tax
$3,648
Photos
24
MLS#
X12980252
Area
RENFREW

Features and systems

Parking

Detached GarageGarage

Basement

FinishedN/A

Appliances

RefrigeratorMicrowaveTwo stovesWindow Coverings

Heating

Other

Cooling

Window air conditioner

Exterior

BrickVinyl siding

Foundation

StoneBlock
Negative cash flow ~$350/mo at these assumptions

Cash on cash

-4.00%

Cap rate

4.06%

GRM

15.1

Break-even rent

$3,268

Financing

Down payment$105,000
Loan amount$420,000
Mortgage$2,128/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$241
Insurance$80
Maintenance$438
CapEx reserve$219
Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,128/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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