229 Elgin ST W, Arnprior, ON K7S 1P4
229 Elgin ST W, Arnprior, ON K7S 1P4
229 Elgin ST W, Arnprior, ON K7S 1P4
229 Elgin ST W, Arnprior, ON K7S 1P4
229 Elgin ST W, Arnprior, ON K7S 1P4
229 Elgin ST W, Arnprior, ON K7S 1P4
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Jonathan Colford

Jonathan Colford

+1(647) 823-6092
$ 699,900
Est. payment | /mo

8 Beds

5 Baths

Save
$ 699,900
Est. payment | /mo
Save

8 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 550 - Arnprior

MLS Listing ID X12561804

Style 2-Storey

Bedrooms 8

Annual Tax Amount $3,327

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Attention Investors! Legal 5 Plex in Arnprior with 5 Units of Income. Incredible location in Arnprior's downtown, A stone's throw away to Main ST shops and restaurants, Beach/Park, Hospital, Schools, Landmarks. This building consists of Three-2 bedroom units & Two 1-Bedroom units, each with its own hydro meter. Everything is tenanted, all units are turn key. The Building is well appointed on a 71' X 101' Lot with 8 designated parking spots. Recent upgrades include Roof, Fire Sprinkler System. Ideal property for a value-add investors this building has many underperforming units, some are 50% below market value. Big opportunity to increase equity and cashflow, currently at an 7.5% cap rate. GOI $71,000.

Location

Province ON

County Renfrew

Area Renfrew

Rooms

Family Room No

Basement Unfinished, Other

Kitchen 5

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 70.8

Lot Depth 101.2

Total Parking Spaces 8

Building

Foundation Block, Slab, Poured Concrete

Others

ParcelsYN No

Listed by RIGHT AT HOME REALTY

Nearby Locations

Jonathan Colford

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 823-6092

jonathan.colford@exprealty.com

8763 Bayview Ave #127, Richmond Hill, ON L4B 3V1, ON, CAN

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229 Elgin ST W