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$899,000
Available - For Sale
Listing ID: X12422205
Prime investment opportunity in the heart of Renfrew! This fully tenanted mixed-use building on Raglan Street offers 3 COMMERCIAL UNITS ($1,650/month, $1,060/month and $1,500/month) and 4 ONE BEDROOM APARTMENTS ($1,000/month, $1,200/month, $633/month and $646/month). Two of the apartments have been recently renovated, and the entire property is well maintained. There are 8 Separate hydro meters - tenant pays for the hydro for each unit and owner pays hydro for common spaces. Parking available. With strong cash flow, reliable tenants, and a high-visibility downtown location, this turn-key property is an excellent addition to any portfolio. 24 hour irrevocable on all offers.
Price $899,000
Taxes: $16,319
Tax Type: Annual
Occupancy by: Tenant
Address: 228-232 Raglan Street South , Renfrew, K7V 1Z6, Renfrew
Postal Code: K7V 1Z6
Province/State: Renfrew
Legal Description: PT LTS 1 & 2, W/S RAGLAN ST, PL 11, AS I
Directions/Cross Streets: Raglan Street and Renfrew Ave
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Washroom 36 0
Washroom 37 0
Washroom 38 0
Washroom 39 0
Washroom 40 0
Washroom 41 0
Washroom 42 0
Washroom 43 0
Washroom 44 0
Washroom 45 0
Washroom 46 0
Washroom 47 0
Washroom 48 0
Washroom 49 0
Washroom 50 0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 6,490.64
Total Area Code:  Square Feet
Office/Appartment Area: 3175
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway   Recreation/Comm
Approximatly Age: 51-99
Franchise: F
 Management Expense: 1365
Maintenance: 0
Water Expense: $2500
Net Income Before Debt: $92268
Expenses Actual/Estimated: $Est
Sprinklers: Yes
Outside Storage: T
Heat Type: Gas Forced Air Close
Central Air Conditioning: Partial
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE INTEGRITY REALTY

228-232 Raglan Street South , Renfrew, K7V 1Z6, Renfrew

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Commercial Retail
Area: Renfrew
Municipality: Renfrew
Neighbourhood: 540 - Renfrew
Style:
Lot Size: x 100.00(Feet)
Approximate Age: 51-99
Tax: $16,319
Maintenance Fee: $0
Beds: 0
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908