5 Renfrew Street
Petawawa, ON
- 1 sqft
- Investment
- 31 days on market
A rare opportunity to acquire three well-maintained multi-residential buildings, each offering 8 fully self-contained units for a total of 24 rental apartments - all 2 bedroom, 1 bathroom units. All units are currently tenant occupied, providing immediate and consistent rental income in Petawawa's strong rental market. Ideally located close to Garrison Petawawa, with convenient access to CNL and Pembroke, this property offers an excellent combination of location, stability and investment potential. Zoned R3-E8, the property provides a desirable multi-residential use with zoning provisions, along with detailed income and expense information upon request with a signed NDA. Each unit has separate hydro metering, with tenants responsible for their own heat and hydro costs, helping keep operating expenses manageable. Built new in 2012, the buildings offer a low-maintenance investment with modern construction and units that remain in demand. Convenient onsite storage is also available, with 18 separate storage units providing tenants with additional secure space for their belongings. Opportunity for higher rents with some units when tenants turnover. With 24 units, strong occupancy and a desirable Petawawa location, this is an exceptional opportunity for investors seeking a substantial multi-residential asset with established income. Gross Rents Yearly: $346,619.16. Operating Expenses Yearly: $117063.16. Net Income Yearly: $229,556.00. Please allow 48 hours irrevocable on all offers.
Listing Details
- Taxes (2025)
- $67,801
- Originally Listed
- $4,800,000
- Listed
- August 17, 2026
Price History
Property
- Lot Size
- 144.62 x 311.01 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Petawawa Blvd / Renfrew St
- Zoning
- R3-E8
- Parcel Number
- 571030338
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Washer, Dryer, Fridge, Stove, Dishwasher, Microwave X 24
- Rental Items
- None
Community
Postal area K8H
- Population
- 16,188
- Private dwellings
- 6,342
- Median age
- 31.2
- Average household size
- 2.6
- Median household income
- $102,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Petawawa · last 12 months
- Median sold price
- $520,300
- Homes sold
- 338
- Median days on market
- 16
- Sale-to-list price
- 98.6%
Based on 338 recorded sales of commercial properties in Petawawa over the last 12 months.
Listed by
ROYAL LEPAGE EDMONDS & ASSOCIATES
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $67,801
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?