$449,900
For sale: Detached

Opportunity, Location & Income Potential in the Heart of Downtown Renfrew. Looking for an affordable way to get into the market with the potential to offset your costs? This unique property offers an exciting opportunity for a savvy buyer, investor or entrepreneur looking to combine business, home and income all in one great downtown location. This property is within easy walking distance of downtown shops, restaurants, services and amenities. The building offers a flexible layout with two separate 2-bedroom apartments, plus an office space with a charming three-season sunroom-creating plenty of possibilities for a live/work setup or investment property. Imagine running your own business from the office space while living in one of the apartments and generating additional rental income from the second. Alternatively, investors may see potential to maximize the property's income-producing possibilities. The home retains much of its original character and finishes, making this a property for someone who appreciates older homes and is ready to bring their own ideas, improvements and vision. The property has great curb appeal and is set on a beautiful town lot. Bring your vision and explore the possibilities! 48 hours irrevocable on all offers.
Sold data
Detached homes in Renfrew took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 50, across 86 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $399,900.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 86 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Renfrew has 6 Fraser Institute–rated schools (4 elementary and 2 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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