A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 229 Elgin St, Arnprior Ontario K7S 1P4
170 days on Market

229 Elgin St, Arnprior, Ontario K7S 1P4

Townhouse
8
5
- sqft
$649,900
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Townhouse
8
5
- sqft

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Highlights

Property Estimate

Days on market170 days

Estimated valueNot available

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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. This property has been well-maintained and brought up to date over the years. Everything is tenanted, all units are turn key. The Building is well appointed on a 71' X 101' Lot with 10 designated parking spots. Recent upgrades include Roof, Fire Sprinkler System. Ideal property for a value-add investor as 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.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size7,164 SqFt(101.2 x 70.8)
Parking Spaces8
MLS ®NumberX11950554
Community NameArnprior
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Basement: Unfinished, Half

Features

Lot size: 7,164 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

Feb 1, 2025
ListedActive
$649,900
170 days on market
history photo preview29
Listing by trreb®
Property listed by RIGHT AT HOME REALTY, Brokerage
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Market Data - Arnprior

Geo Zone Map ThumbnailArnprior

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

8 days

Compared to

2024

0 day

2023

24 days

2022

20 days

New Listings

Past 30 days

10 listings

Compared to

2024

4 listings

2023

5 listings

2022

8 listings

Units sold

Past 30 days

3 units

Compared to

2024

0 unit

2023

12 units

2022

3 units

Median Sold Price

Past 30 days

$467,000

Compared to

2023

$492,450

2022

$460,000


Population and Demographics

Overview

Total population 8521
Average household income $107,654

Age (%)

0 to 19
20%
20 to 34
16%
35 to 49
16%
50 to 64
21%
65 and plus
27%

Household composition (%)

Single family
61%
Single person
35%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
92%
French
4%
Others
2%
English and French
1%

House tenancy (%)

Owners
62%
Renters
38%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget