Listed for:Listed 2 days ago
$499,000

4494 River Road

Horton (Horton Twp), ON K7V 3Z8

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 4494 River Road, Horton, Horton Twp

No listing history available

Real estate boards require you to or to see the full details of this property.

*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 4494 River Road, Horton, Horton Twp

Summarized Description

  • Stunning waterfront property on Ottawa River.
  • Legal four-plex with potential for redevelopment.
  • Fully renovated unit ready for occupancy.
  • Generous 2.1-acre lot with beach access.
  • Attractive 9% cap rate for investors.
  • Current rental income approximately $78,956 annually.
  • Two car garage available for landlord use.
  • New furnaces and AC installed for efficiency.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,556
Land Transfer Tax Fee
$6,455

Rental Items

Rental Equipment
Propane Tank

Basement Type
Partially Finished, Separate Entrance, Apartment

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Recreational Area, Year Round Living
Pool
None
Property Features
Waterfront, River/Stream, Beach

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding, Other
Roof
Asphalt Shingle, Metal, Other, Flat
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
355.82 ft
Lot Depth
240.00 ft
Lot Size
2.154
Lot Shape
Irregular

Inclusions

Inclusions
Fridge x6, Stove x5, Washer x1, Dryer x1, Furnace x2, AC x2, HWT x 2.

Exclusions

Exclusions
Tenant Belongings

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
10
Total Garage And Parking Spaces
12

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Well
Sewers
Septic

Bedrooms
10
Washrooms
6
Kitchens
6

Washrooms

  • 3-piece, Main

Municipality
Horton
Neighbourhood
Horton Twp
Main cross streets
River Rd / Castleford Rd
Zoning
Res. Fourplex
Directions
HWY 17 to Castleford Rd. (20), Left at River Rd. 4494 is on the right.
Waterfront
Direct

MLS® number
X14094346
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-19
Updated on
2026-10-19
Days on market
2 days
Possession type
Flexible
Co-op commission
2.0%
Seller
Listed by
PAUL RUSHFORTH REAL ESTATE INC.

Home Market Value

Current home valuation for 4494 River Road, Horton, Horton Twp, Horton, ON. Listed for $499,000

HOMEH Estimate

?

—

Estimated Sales Range

?

—

HOMEH Estimate for 4494 River Road, Horton, Horton Twp

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

For the owner

Is this your home? Track its value.

Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Horton, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,962$13,922$11,876$0
=Total mortgage
$493,012$463,022$436,026$399,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,407monthly$2,261monthly$2,129monthly$1,949monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,455

Total Land Transfer Tax

$6,455

Around this home

0/100Loading...
0/100Loading...
0/100Loading...
Map unavailable

No schools found nearby

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.