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Welcome to this remarkable 3-Storey fourplex located in the coveted neighborhood of 540 - Renfrew. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $989,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to this meticulously maintained 1913 Century home, offering over 7,000 sq. ft. of living space and the perfect blend of charm, character, and investment potential. This is a unique opportunity for a multigenerational family or savvy investor looking for a property that combines both comfortable living and income-generating units. The spacious main floor apartment boasts over 2,000 sq. ft. of living space, featuring 3 bedrooms, 1 bathroom, and an office that could easily serve as a fourth bedroom. The upper-level houses two impressive 2-story units, each with 3 bedrooms and 2 bathrooms ideal for larger families or tenants seeking more space. The lower-level apartment is a cozy 1-bedroom, 1-bath unit with an additional office/den space, perfect for a single tenant or a couple. With two garages on-site, the property offers even more potential for supplemental income. Whether you choose to live in the main home while generating rental income or opt for a fully investment-focused strategy, the possibilities are endless. Additionally, the Highway 417 expansion from Ottawa to Renfrew is underway, and with Phase 1 already complete, the future potential growth in property value is significant. Don't miss out on this rare gem. Whether you're looking for a family home with additional income or an investment property with incredible potential, this home offers both. Unit rents are: 906/month, $1,747/month, $962/month, $1,962/month. Tenants pay hydro, except basement unit, water is subdivided amongst occupants, gas is paid for by owners, averages $280/month.
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The current listing price for 154 Quarry Avenue, Renfrew, ON in 540 - Renfrew, Renfrew is $989,900.
This property features 10 bedrooms and 5 bathrooms across approximately 5000 + sqft.
154 Quarry Avenue, Renfrew, ON is a Fourplex (3-Storey) featuring a Apartment basement.
Interior highlights include: Separate Hydro Meter.
Yes, this property offers parking space for 9.0 vehicles (Detached).
Heating is provided via Gas and cooling via None.
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Data-driven valuation for 154 Quarry Avenue, Renfrew, ON K7V 2W4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Renfrew.
About Purchasing a Home in Renfrew, ON
For a property listed at $989,900 in Renfrew, the legal minimum down payment is $73,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,273 for this transaction. As this listing is in Renfrew (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,273.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.