154 QUARRY AVENUE, Renfrew, Ontario, K7V2W4

Property Description

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. (id:64974)

Quick Facts

• Property Type: Fourplex
• Bedrooms: 10 (10 above)
• Bathrooms: 5
• Attached: Yes
• Parking: 9 spaces (Detached Garage, Garage)
• Frontage: 132 ft (40.2 m)

Costs

• Annual Taxes: $9,070.00 (2024)

Listing Provided by: RE/MAX METRO-CITY REALTY LTD. (RENFREW)
Board: Renfrew County Real Estate Board
Data provided via CREA DDF®.