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229 ELGIN STREET W
Arnprior Ontario K7S1P4 Canada

$699,900

Active Listing ID X12561804
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8 bed
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5.00 Bath
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Multi-family

$699,900

Active Listing ID X12561804
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229 ELGIN STREET W 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Vinyl siding, Brick Veneer
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 11/20/2025 3:36:02 PM GMT
Source Updated Date: 2/5/2026 12:00:16 PM GMT

Courtesy of: Brenden Scott, Broker, RIGHT AT HOME REALTY