560 Stewart Street, Renfrew, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of 540 - Renfrew. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $550,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 116.6 x 193 ft lot size
- Convenient covered garage included
- equipped with no central cooling and highly efficient gas forced air closed heating
Description
*Email for more photos* Versatile mixed-use Commercial/residential opportunity with strong visibility and flexible potential. This well-maintained commercial-residential building features a street-level retail space currently operating as an automotive garage, complemented by three self-contained 1-bedroom apartments situated privately at the rear of the property. (1 commercial and 3 residential units). Ideal for an owner-operator looking to run a business while benefiting from residential units, or for an investor seeking diversified use in a single asset.The commercial space offers functional automotive infrastructure including newer garage doors and excellent frontage, with ample on-site parking for customers and business operations. Approximately 30 parking spaces at the front enhance accessibility and exposure, making this location well-suited for automotive, service-based, or light commercial uses.The building has seen recent upgrades, including improvements to mechanical systems and portions of the roof. Heated by a forced-air gas furnace and finished with durable vinyl siding, the property offers practical, low-maintenance ownership. Residential tenant parking is conveniently located at the rear, ensuring separation between commercial and residential use. GROSS INCOME: $58,431.84. A rare opportunity to acquire a multi-use property that supports business operations while offering built-in residential components - suitable for entrepreneurs, investors, or those seeking long-term flexibility in a growing market.
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Pricing & Value Insights
Data-driven valuation for 560 Stewart Street, Renfrew, ON K7V 1Y6
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About Purchasing a Home in Renfrew, ON
For a property listed at $550,000 in Renfrew, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.
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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.