4 Bedrooms

3 Bathrooms

2,000 - 2,500 sqft Interior

2 Parking spaces

121 X 66 Ft Lot size

1 day ago Listed

Virtual tour None Baseboard Heaters, Forced Air

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About this home

Opportunity, Location & Income Potential in the Heart of Downtown Renfrew. Looking for an affordable way to get into the market with the potential to offset your costs? This unique property offers an exciting opportunity for a savvy buyer, investor or entrepreneur looking to combine business, home and income all in one great downtown location. This property is within easy walking distance of downtown shops, restaurants, services and amenities. The building offers a flexible layout with two separate 2-bedroom apartments, plus an office space with a charming three-season sunroom-creating plenty of possibilities for a live/work setup or investment property. Imagine running your own business from the office space while living in one of the apartments and generating additional rental income from the second. Alternatively, investors may see potential to maximize the property's income-producing possibilities. The home retains much of its original character and finishes, making this a property for someone who appreciates older homes and is ready to bring their own ideas, improvements and vision. The property has great curb appeal and is set on a beautiful town lot. Bring your vision and explore the possibilities! 48 hours irrevocable on all offers. (id:28469)

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Facts & features

Property

MLS® Number: X13742450
Property Type: Single Family
Community Name: 540 - Renfrew
Ownership: Freehold
Amenities Near By: Hospital, Golf Nearby, Schools
Parking Space Total: 2

Building

Bathroom Total: 3
Bedrooms Above Ground: 4
Bedrooms Total: 4
Age: 100+ Years
Amenities: Separate Electricity Meters
Appliances: Water Heater, Water Meter, Hood Fan, Two Stoves, Two Refrigerators
Basement Development: Unfinished
Basement Type: N/a (unfinished)
Construction Style Attachment: Detached
Cooling Type: None
Exterior Finish: Brick Veneer
Foundation Type: Stone
Half Bath Total: 1
Heating Fuel: Electric, Natural Gas
Heating Type: Baseboard Heaters, Forced Air
Stories Total: 2
Size Interior: 2,000 - 2,500 Sqft
Type: House
Utility Water: Municipal Water

Parking

Detached Garage: —
Garage: —

Land

Acreage: No
Land Amenities: Hospital, Golf Nearby, Schools
Sewer: Sanitary Sewer
Size Depth: 66 Ft
Size Frontage: 121 Ft
Size Irregular: 121 X 66 Ft
Size Total Text: 121 X 66 Ft
Zoning Description: R2 Residential

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: $2,059/mo
Ontario land transfer tax: $5,775 one-time

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

The Renfrew market

58 Active listings

$494,450 Median asking price

6% below median This home

46 days Avg. time on market

Browse all Renfrew listings →

Rooms

Second Level

Bedroom 3.52 m x 3.91 m
Bedroom 3.51 m x 3.61 m
Sunroom 3.66 m x 2.49 m
Bathroom 1.92 m x 2.05 m
Bedroom 5 m x 4.37 m
Bedroom 3.43 m x 3.1 m
Other 2.36 m x 2.44 m
Bathroom 2.01 m x 3.68 m

Lower Level

Utility Room 5.79 m x 7.7 m
Other 2.54 m x 3.43 m
Other 2.38 m x 1.11 m

Main Level

Kitchen 2.49 m x 3.53 m
Kitchen 3.3 m x 2.67 m
Sunroom 3.39 m x 2.3 m
Living Room 4.62 m x 5.92 m
Office 4.38 m x 4.95 m
Living Room 2.27 m x 3.37 m
Bathroom 1 m x 1.5 m
Sunroom 2.03 m x 2.21 m
Pantry 0.89 m x 2.29 m
Sunroom 6.2 m x 2.87 m
Living Room 3.15 m x 2.45 m
Dining Room 3.3 m x 1.96 m

Location

85 Renfrew Avenue W, Renfrew, Ontario K7V 2Y3 · Get directions

85 Renfrew Avenue W