For saleMLS® X14155574

24 Renfrew Avenue W, Renfrew, ON K7V 2X9

540 - Renfrew, Renfrew · Near Renfrew Ave W · View map

$1,149,000
10000Sq ft
Commercial retailType
LaneGarage
10 totalParking
$27,000/yrTaxes
$1,149,000
FreeholdNo monthly condo fee
Lane garage10 parking spaces in total
Lot 79.2 x 104.3 ftThe land comes with the home

About this home

An exceptional opportunity to acquire a substantially renovated, income-producing commercial and residential property in the heart of Renfrew. Offering approximately 10,000 sqft, this prominent property combines established rental income, excellent commercial exposure, with additional revenue potential. The main floor features a commercial space occupied by a Muay Thai gym, with five residential apartments on the second floor, consisting of three 2-bedroom units, one 1-bedroom unit, and one bachelor unit. An additional attached 2-bedroom apartment brings the total to six residential units. The basement provides another commercial rental space currently occupied by a canoe-making business. Extensively renovated in 2021/2022, the property has undergone significant improvements, including major mechanical, electrical, and plumbing upgrades, offering investors the benefit of substantial capital improvements. Additional features include rear parking, a garage with an overhead door, and a vacant rear unit presenting potential for additional rental income or alternative uses, subject to municipal approvals. Situated in downtown Renfrew! The property benefits from excellent street visibility, convenient access to local businesses, services, and amenities. With six residential apartments, 1 commercial rental space, diversified income streams, and opportunities for future revenue growth, this property represents an outstanding investment opportunity in Renfrew!

The home

Type
Commercial retail
Square footage
10000 sq ft
Lot size
79.2 x 104.3 ft
Approximate age
51-99 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Partial

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Partial

Garage & parking

Garage
Lane
Driveway spaces
10
Total parking
10

Taxes & other

Property taxes
$27,000/yr
Tax year
2025
Occupancy
Tenant
Possession
TBD
Cross street
Renfrew Ave W
Neighbourhood
540 - Renfrew

More

MLS® number
X14155574

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$6,885per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    24 Renfrew Avenue, Renfrew, ON K7V 2X9

    540 - Renfrew, Renfrew · Near Renfrew Ave W

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    Sold history

    Listing history for 24 Renfrew Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 24 Renfrew Avenue W

    Answers come straight from this home’s MLS® listing.

    How much is 24 Renfrew Avenue W listed for, and what would it cost each month?

    24 Renfrew Avenue W is listed for $1,149,000. With 20% down ($229,800), the mortgage payment would be roughly $4,635 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,885 a month, all in. That figure is an illustration, not a quote.

    Is 24 Renfrew Avenue W freehold or a condo, and is there a monthly fee?

    24 Renfrew Avenue W is a commercial retail in 540 - Renfrew, Renfrew. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 24 Renfrew Avenue W have a garage and parking?

    Yes. The listing shows the garage as lane. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.

    What style of home is 24 Renfrew Avenue W?

    24 Renfrew Avenue W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 24 Renfrew Avenue W, and what is the lot size?

    The lot is listed as 79.2 x 104.3 ft.

    How is 24 Renfrew Avenue W heated and cooled?

    Heating is gas forced air closed. Cooling is partial.

    What are the property taxes for 24 Renfrew Avenue W?

    Property taxes are $27,000 a year (2025), or about $2,250 a month.

    Where is 24 Renfrew Avenue W?

    24 Renfrew Avenue W is in the 540 - Renfrew community of Renfrew. The nearest main intersection is Renfrew Ave W. The postal code is K7V 2X9.

    Is 24 Renfrew Avenue W still for sale?

    Yes. It is an active listing (MLS® X14155574). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 24 Renfrew Avenue W asking?

    Similar properties for sale nearby right now include 1159 Jamieson Lane at $1,350,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 24 Renfrew Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 24 Renfrew Avenue W?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

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    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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