Income duplex with office in downtown Renfrew

Property details for 85 Renfrew Avenue W, Renfrew

Type: Residential
Bedrooms: 4
Bathrooms: 3
Lot Size: 121 x 66 FT
Stories: 2
Basement: Unfinished, N/A
Parking: Detached Garage, Garage
Heating: Baseboard heaters, Forced air, Electric, Natural gas
Cooling: None
Exterior: Brick Veneer
Ownership: Freehold
Annual Taxes: $3,546 (2025)

This is a 2-storey brick house on a 121 x 66 ft lot, right in downtown Renfrew's core. It's set up as two separate 2-bedroom apartments plus a main-floor office with a sunroom, so you could live in one unit and rent the other, or run your own business from that office space. The interior keeps original character, with stone foundation and baseboard heating. There's a detached garage for 2 cars, and the lot is deep enough for yard space. You're a 2-minute walk from Renfrew Collegiate Institute and a few steps to sushi, a bakery, and a pub. The asking price of $465,000 is below the area median of $524,900, but the property shows wear and tear, and there's no central AC. Three bathrooms in total, with one partial. Separate electricity meters for each unit, so tenants can pay their own hydro. Lower level is unfinished, with utility room and extra storage. If you're handy and want sweat equity, this could be a solid investment. It's a 1-minute walk to the restaurant and 15-minute drive to the golf course.

About 85 Renfrew Avenue W, Renfrew — Property Score

Great Location

Score: 67/100

Value

Priced 13.7% below area median of $539,000 based on 27 comparable properties nearby 91

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

3 bathrooms - 1 more than similarly priced properties nearby 72

7,986 sqft lot - a generous lot for the area 78

Location

$50K median household income - below the Canadian average of $70K 55

77% of residents hold postsecondary credentials - a highly educated neighbourhood 86

63% homeownership rate - a balanced mix of owners and renters 74

81% of residents commute under 30 minutes - excellent commuter accessibility 95

2,384/km² population density - a well-balanced suburban area 94

Market

Just listed - area average is 112 days on market 100

-33% median price change over 1 month - declining prices in the area 1

32 months of housing supply - 32 active listings with 1 sold last month (buyer's market) 40

Features

2-car garage - area average is 5.1 spots 80

Unfinished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

None 30

No premium extras like pool, waterfront, or view 50

Investment

0.76% effective tax rate ($3,546/yr) - below the Canadian average of ~1% 77

37% renter population - moderate rental market 74

Quality

Condition

Listing

41 photos provided - 5% more than the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.