10 Bedrooms

6 Bathrooms

3,000 - 3,500 sqft Interior

12 Parking spaces

355.8 X 240 Ft, 2 - 4.99 Acres Lot size

1 day ago Listed

Virtual tour Central Air Conditioning Forced Air Waterfront On River Acreage Finished basement

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About this home

OPPORTUNITY KNOCKS!! LEGAL 4PLEX - INVESTMENT PROPERTY on STUNNING 2.1 ACRE WATERFRONT PROPERTY with BEACH on the shores of the Ottawa River, just outside Renfrew. Exceptional property for potential future redevelopment or continued long term use for investment with a LUCRATIVE 9% CAP RATE. The current building is a Legal FOUR-PLEX (+ 2 non-conforming units). Loads of opportunity for the right Buyer... RENTS (all inclusive) aprx. $78,955.92 per annum. Units 1,2,3,4,6 tenant occupied, unit 6 FULLY RENOVATED and move in ready. 2 car garage currently vacant - landlord use only. 2 NEW PROPANE FURNACES and 1 NEW AC (2025). Please do not visit the property without a booked showing appointment. (id:28469)

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Facts & features

Property

MLS® Number: X14094346
Property Type: Multi-family
Community Name: 544 - Horton Twp
Amenities Near By: Beach
Easement: Right Of Way, Easement
Equipment Type: Propane Tank
Features: Irregular Lot Size
Parking Space Total: 12
Rental Equipment Type: Propane Tank
View Type: Direct Water View
Water Front Name: Ottawa River
Water Front Type: Waterfront On River

Building

Bathroom Total: 6
Bedrooms Above Ground: 10
Bedrooms Total: 10
Appliances: Dryer, Stove, Washer, Refrigerator
Basement Development: Partially Finished
Basement Features: Separate Entrance, Apartment In Basement
Basement Type: N/a (partially Finished), N/a, N/a
Cooling Type: Central Air Conditioning
Exterior Finish: Vinyl Siding
Foundation Type: Block
Heating Fuel: Propane
Heating Type: Forced Air
Stories Total: 2
Size Interior: 3,000 - 3,500 Sqft
Type: Fourplex

Parking

Attached Garage: —
Garage: —
Shared: —

Land

Access Type: Public Road
Acreage: Yes
Land Amenities: Beach
Sewer: Septic System
Size Depth: 240 Ft
Size Frontage: 355 Ft ,9 In
Size Irregular: 355.8 X 240 Ft
Size Total Text: 355.8 X 240 Ft|2 - 4.99 Acres
Surface Water: River/stream
Zoning Description: Res. Fourplex

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $2,209/mo
Ontario land transfer tax: $6,455 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Horton Twp market

39 Active listings

$539,000 Median asking price

7% below median This home

35 days Avg. time on market

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Location

4494 River Road, Horton, Ontario K7V 3Z8 · Get directions