43 Bank Street S, Renfrew

$419,000
43 Bank Street S

$419,000

New
17d
Detached2-Storey

43 Bank Street S, Renfrew

Total Monthly Obligation $2,347

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
17d
Score
20
Yield
5.3%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X13869802
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-41 × 104.3 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,379 (2025)
Parking-2 - Detached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-SIGNATURE TEAM REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Metal
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-540 - Renfrew
Title-Residential Freehold

No agent assigned

Welcome to 43 Bank Street, a charming 3-bedroom, 3-bathroom two-storey home offering plenty of space, character and comfortable everyday living in the heart of Renfrew. Step inside to a welcoming main level featuring a spacious living room, dining room and kitchen, along with a separate family room where a natural gas fireplace creates a warm and cozy place to relax. Just off the family room, a conveniently located bathroom completes the main level. From the back of the home, step outside to the fenced yard with convenient access to the detached one-car garage, providing additional parking and storage. Upstairs, you'll find 3 bedrooms, including a spacious primary bedroom, along with a full 4-piece bathroom. One of the bedrooms also provides access to the third-level attic, offering plenty of additional storage space. The basement provides even more storage, along with an additional room and an open bathroom area, adding extra flexibility to the home. The home is equipped with a forced-air natural gas furnace, on-demand hot water and central air conditioning. A durable metal roof adds even more value and peace of mind. With its functional layout, inviting living spaces, fenced yard and convenient location, 43 Bank Street South is a wonderful opportunity to make a home of your own in Renfrew.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$335,200
Land Transfer Taxes$4,855
Legal Fees (Est.)
$
Total cash required for closing$90,155

Total Monthly Obligation

$2,347/mo
Mortgage $1,690
Monthly Loss $1,902
Principal$445
Interest$1,245
Property Tax$282
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.6%26
10-Year IRR
9.6%
Returns Index
14.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$22,200/yr
NOI
$12,101/yr
Net Cash Flow
-$682/mo
Cash Margin
-36.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
31.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 43 Bank Street S

Time

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Data last updated within the past 24 hours.