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4494 River Road
homes for sale · Horton · Horton Twp
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$499,000

4494 River Road

Horton Twp, Horton · MLS® X14094346

10612

House · Multi-family · 5 days on market

listed by Angela (Angie) White, PAUL RUSHFORTH REAL ESTATE INC.

realtor's description

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.

property details

similar homes nearby

type
House, Multi-family
bedrooms
10
bathrooms
6
parking
12
property tax
$4,556 / yr
days on market
5
MLS®
X14094346

features

  • Irregular lot size
  • Washer
  • Refrigerator
  • Stove
  • Dryer

monthly cost

$2,554/mo
Mortgage $2,174 · Tax $380

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,174/ monthly
loan $399,200
25-year amortization
total interest
$253,029
cash to close
$99,800
down payment; transfer tax and fees not included
total paid
$652,229

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Angela (Angie) White
PAUL RUSHFORTH REAL ESTATE INC.
call Angela · 613-788-2122
Powered by: REALTOR.ca
▶ virtual tour

location

Horton Twp, HortonGoogle Maps ↗

location

Horton Twp, HortonGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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