$499,000
PRICE
10
BEDROOMS
6
BATHROOMS
X14094346
MLSID
4494 River Road, Horton
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.
Sold History
SOLD
31 July 2023
$435,000
Summary
Address
4494 River Road
City
Community
Street
MLSID
X14094346
Property Type
Fourplex
Property Category
Bedrooms
10
Bathrooms
6
Kitchens
6
Zoning
Res. Fourplex
Taxes (Annual)
$4,556.00
Tax Year
2026
Published
October 19, 2026
Days on Market
9 Days
Possession Type
Flexible
Possession Details
To Be Arranged
Inclusions
Fridge x6, Stove x5, Washer x1, Dryer x1, Furnace x2, AC x2, HWT x 2.
Exclusions
Tenant Belongings
Details
Property Features
Waterfront, River/Stream, Beach
Bathroom 1
3-Piece Main Level
Basement
Partially Finished, Separate Entrance, Apartment
Exterior Features
Recreational Area, Year Round Living
Interior Features
None
Parking Spaces
10
Parking Total
12
Parking Features
Other, Circular Drive, Front Yard Parking, Unreserved
Architectural Style
2-Storey
Roof
Asphalt Shingle, Metal, Other, Flat
Construction Materials
Vinyl Siding, Other
Lot Size
2 Acres
Lot Width
356 Feet
Lot Depth
240 Feet
Water
Well
Heat Source
Propane
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with PAUL RUSHFORTH REAL ESTATE INC.