For Sale

229 Elgin Street, Arnprior, Ontario K7S 1P4

$699,900

229 Elgin Street, Arnprior, Ontario K7S 1P4 is For Sale and has a listing price of 699,900. The property is located in the Arnprior neighbourhood . It's been on the website for 15 Days.

  • Multiplex
    Property Type
  • 8
    Bedrooms
  • 5
    Bathrooms
  • MLS ID: X12561804
  • Office Name RIGHT AT HOME REALTY
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.

Property Details
  • Bedrooms: 8
  • MLS ID: X12561804
  • Bathrooms: 5
  • Price: $699,900
  • Lot Depth: 101.2
  • Transaction Types: For Sale
  • Ref ID: X12561804
  • Year Built: N/A
  • Approx Sqft: 3500-5000
  • Dir / Cross St: Elgin ST & McLachlin ST
  • Status: Active
  • Tax Year: 2025
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
11/20/2025 X12561804 $699,900 For Sale - -
02/01/2025 X11950554 $649,900 Expired -
01/03/2024 X9423556 $639,900 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Arnprior
  • $675,651 Average List Price
    based on 1 year
  • 25 New Listings
    based on 30 days
  • 70 Median Days on Market
    based on 1 year
  • List vs. Selling Price 32.4 % Up
  • Sold (12mo) 173
  • Rented (12mo) 24

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
  • 74 Walk Score
    Very Walkable
  • 54 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    84.67%
  • Commercial
    9.37%
  • Condo
    5.6%
  • Land for Sale
    0.36%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 5
  • Garage Type Y
  • Parking Spaces: 8
  • Exterior Vinyl Siding, Brick Veneer
  • Kitchen 5
  • Washrooms Type 1 # Pcs: 3
  • Taxes: $3,327
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: FLEX
  • Listing Entry Date: 20/11/2025 14:32:53
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