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24 Renfrew Avenue W
540 - Renfrew Renfrew K7V 2X9

$1,149,000 /For Sale
Commercial

Main Photo: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 1: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 2: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 3: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 4: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 5: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 6: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 7: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 8: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 9: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 10: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 11: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 12: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Photo 13: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X14155574
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!
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Approx. Age:
51-99
Total Area:
10000 sq. ft. Square Feet
Total Area:
10,000 sq. ft.
Retail Area:
3000 sq. ft. Sq Ft
Lot Depth:
104'3"
Lot Frontage:
79'2"
Water supply:
Municipal
Zoning:
C1
Heating type:
Gas Forced Air Closed
Garage:
Lane
Parking Spaces:
10
Possession Details:
TBD
Lot Irregularities:
1
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$27,000 / 2025
Assessment:
$- / 2025
Renfrew
Renfrew
540 - Renfrew
Major Highway, Public Transit
No, Partial
Amperage:
400
Water Supply Types:
Water System
Utilities:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
Yes
Financial Statements:
Yes
Gross income:
$144,600
Net Income Before Debt:
$96,500
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$6,000
Hydro Expenses:
$5,500
Insurance Expenses:
$7,200
Tax Expenses:
$27,000
Operating Expenses:
$48,100
Water Expenses:
$2,400
Year Expenses:
2025
Category:
Multi-Use
Franchise:
No
Chattels:
Yes
Date Listed:
Nov 06, 2026
Original Price:
Previous Price:
  • Photo 1: 24 Renfrew Avenue W in Renfrew: 540 - Renfrew Commercial for sale : MLS®# X14155574
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Listed by COLDWELL BANKER FIRST OTTAWA REALTY
Data was last updated November 6, 2026 at 02:15 PM (UTC)
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