$989,900
154 QUARRY AVENUE
Beds
10
Baths
5
Sqft
—
Year
—
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Renfrew. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Welcome to this meticulously maintained 1913 Century home, offering over 7,000 sq. ft. of living space and the perfect blend of charm, character, and investment potential. This is a unique opportunity for a multigenerational family or savvy investor looking for a property that combines both comfortable living and income-generating units. The spacious main floor apartment boasts over 2,000 sq. ft. of living space, featuring 3 bedrooms, 1 bathroom, and an office that could easily serve as a fourth bedroom. The upper-level houses two impressive 2-story units, each with 3 bedrooms and 2 bathrooms ideal for larger families or tenants seeking more space. The lower-level apartment is a cozy 1-bedroom, 1-bath unit with an additional office/den space, perfect for a single tenant or a couple. With two garages on-site, the property offers even more potential for supplemental income. Whether you choose to live in the main home while generating rental income or opt for a fully investment-focused strategy, the possibilities are endless. Additionally, the Highway 417 expansion from Ottawa to Renfrew is underway, and with Phase 1 already complete, the future potential growth in property value is significant. Don't miss out on this rare gem. Whether you're looking for a family home with additional income or an investment property with incredible potential, this home offers both. Unit rents are: 906/month, $1,747/month, $962/month, $1,962/month. Tenants pay hydro, except basement unit, water is subdivided amongst occupants, gas is paid for by owners, averages $280/month. (id:65958)
- Subtype
- Multi-family
- Structure
- Fourplex
- Community
- 540 - Renfrew
- Lot dimensions
- 132 x 147.1 FT
- Bedrooms
- 10 above grade
- Parking
- 9 total
- Stories
- 3
- On market
- Apr 22, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $9,696
- Photos
- 49
- MLS#
- X13030356
- Area
- RENFREW
Features and systems
Parking
Basement
Cooling
Exterior
Foundation
Cash on cash
-6.55%
Cap rate
3.55%
GRM
16.7
Break-even rent
$6,088
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.