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4420 River Rd., Renfrew, Ont.

Asking price: $1,495,000

Selling price: $2,610,000

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Previous selling price: $250,000 (2000)

Days on market: 14

Taxes: $8,820 (2021)

Listing agent: Craig Smith, Engel & Völkers

The action

The historic farmhouse – built in the 1850s – boasts five bedrooms and four bathrooms with panoramic views of the Ottawa River.

The home was on the market for two weeks. Craig Smith, a 25-year real estate veteran in the Ottawa area, said that timeline was given in order for people to come and view the property and conduct the proper inspections on the home and septic system.

“As opposed to trying to rush to a judgment, potential buyers would have all the facts and information and it turned out giving a couple weeks was the best way to do it,” Mr. Smith said. “We knew we had a very nice property … we knew that waterfront was very desirable. So by giving it extra time we allowed for more showings than we maybe would have had and gave it a little more exposure.”

Mr. Smith said COVID-19 has pushed lots of buyers out of Ottawa and that helped push the price up – Renfrew, Ont., is about an hour’s drive from Parliament Hill – and in other years it may not have fetched the kind of price it eventually got.

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“You may not have seen that [in other years] where there was a big push for waterfront. Now people can work from home and they’re not as afraid to live 40 minutes or an hour from their office,” Mr. Smith said.

What they got

The home boasts historical details such as an antique stove.

Engel & Völkers Ottawa Central

The historic farmhouse – built in the 1850s – boasts five bedrooms and four bathrooms with panoramic views of the Ottawa River. There are plenty of historical farmhouse details throughout, including an antique stove and multiple wood-burning fireplaces. Mr. Smith said the wraparound porch is a particularly excellent design feature, which essentially adds a whole other room the property.

“When they did restorations, they didn’t go and buy an IKEA kitchen, they got a custom kitchen that looks more period to that property; the bathrooms look more period to the property vs throwing in ultra-modern look. They kept the feel, but it was still modernized,” Mr. Smith said.

There’s also a guest bunkie, an indoor swim spa and inground swimming pool, a large garage and a barn on the 20-acre property.

“It’s rare,” Mr. Smith said. “I’ve had a lot of beautiful properties over the 25 years, but this was one of my favourites.”

The agent’s take

The farmhouse sits on a 20-acre property.

Mr. Smith has never had a property sell for this much over its asking price. The $1.15-million bump can be credited to a myriad of factors, Mr. Smith said, including COVID-19 pushing people to want more space (and waterfront), and the marketing effort from his team, which put the property in front of less-than-traditional potential buyers – like people who own horse barns.

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The eventual buyer was actually from the Renfrew area, where the property is located. This, despite multiple offers coming from Toronto, Vancouver and throughout Ottawa.

The biggest driver, Mr. Smith said, was that this 20-acre property (with 1,500 feet of waterfront) was a “once in a lifetime property.”

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For sale in this area

View similar listings below. Clicking on the map will take you to the listings below.

Open this photo in gallery: Gallery photo 1
199900.00
283 MOUNT ST PATRICK ROAD, Renfrew, Ontario
EXIT OTTAWA VALLEY REALTY
Bedrooms
2
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Welcome to a little piece of paradise! Cozy updated 2 bedrm bungalow surrounded by fresh air, foliage, & nature. Large oversized lot spanning approx 3.74 acres with an oversized shed "garden house" & a barn with loft overlooking a large open field. Exercise some horses perhaps? A great romping space for children &/or pets? For adventure take a stroll in the wooded area on the property...watch your step at the seasonal creek! Gaze at the stars over an open campfire, later warming up to the lazy heat of the wood burning stove inside. Take a mouth watering bite of an apple off your very own tree! Septic 2016, roof approx 2010, most updates including windows, doors, flooring within the last 10 to 12 yrs but house still needs work. Short 20-25 min commute to shopping in Renfrew, 20 min to Calabogie, about an hour & twenty to Ottawa...many kms of scenic beauty! Such a pretty spot for your family staycation...what are you waiting for?! 48 hrs irrevocable on all offers pls. Being sold as is. (id:31729)
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Open this photo in gallery: Gallery photo 1
259000.00
147 MCANDREW AVENUE, Renfrew, Ontario
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Cozy 2 bedroom bungalow in great location close to Renfrew Victoria Hospital complex, Restaurants, Gas station, convenience store & easy access to Highway #417. Great curb appeal situated on lot 50.49' x 93' with detached garage! Kitchen leads to living room with built in electric fireplace. Main floor also features 2 bedrooms and one bath. The primary bedroom has a spacious walk in closet! Large deck in the back for relaxing and enjoying warm summer evenings ahead. Basement has hookups for washer and dryer. In the newer front portion of house added a few years ago, contains the electric HWT, gas furnace and panel box. Tenants are in house until September 1st, and homeschools her children. Showings will be held 9:00 am to 7:00 pm on Saturday and Sundays only. (id:31729)
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Open this photo in gallery: Gallery photo 1
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Welcome to 215 June Street in the beautiful town of Renfrew. A truly unique bungalow situated on the banks of the Bonnechere river. This is your opportunity to enjoy the best of both worlds, high-speed internet available, walking distance to downtown Renfrew and a waterfront property with no rear neighbors! This property was built between the old CP Railroad and the Bonnechere river. The old railroad has been converted into the Algonquin Trail and is a 300km multi use trail in your backyard! Begin the day on your balcony enjoying a coffee and finish the day at the fire pit, enjoying the spectacular sunset views. (id:31729)
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Open this photo in gallery: Gallery photo 1
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This diamond in the rough with some effort could really shine! This home has an Angelstone which gives it a stately appearance from the outside. Sitting on a nice lot on a quiet street you are just a short walk to downtown. This home is in need of work throughout, the kitchen has been removed, so a total rebuild of that space is required. The warm wood finished interior creates a cottage feel in town. The upper level loft area has a bedroom and open sitting area with patio doors that would lead to a future deck. The basement is unfinished and there is an attached 1 car garage. Gas heat. (id:31729)
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Open this photo in gallery: Gallery photo 1
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