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(416) 919-7107
Real Estate Company
4494 River Road, Horton, ON K7V 3Z8
- $499,000
- 10
- BD
- 6
- BA
- 3,000
- SqFt
- List Price
- $499,000
- MLS#
- X14094346
- Status
- ACTIVE UNDER CONTRACT
- Type
- Multifamily
- SubType
- Fourplex
- Style
- 2-Storey
- Bedrooms
- 10
- Bathrooms
- 6
- Living Area
- 3000-3500
- Province
- ON
- Municipality
- Horton
- Area
- Renfrew
- Neighborhood
- 544 - Horton Twp
- Subdivision
- River Rd / Castleford Rd
Property Description
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.
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Additional Information
- Taxes
- $4,556
- Heat Type
- Forced Air
- Heat Source
- Propane
- Air Conditioning
- Central Air
- Kitchens
- 6
- Exterior
- Vinyl Siding, Other
- Waterfront Type
- Direct
- Garage Spaces
- 2
- Garage Type
- Attached
- Pool
- None
- Parking Spaces
- 12
- Parking Type
- Other, Circular Drive, Front Yard Parking, Unreserved
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Listing courtesy of PAUL RUSHFORTH REAL ESTATE INC..