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229 Elgin Street W, Arnprior, ON K7S 1P4, Arnprior, Ontario

detached · 8 bed · MLS® X12561804

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$699,900

MLS# X12561804

229 Elgin Street W, Arnprior, ON K7S 1P4

Arnprior, Ontario K7S 1P4

8

Bedrooms

Bathrooms

0

Sq Ft

0

Year Built

New Listing· Listed null days on marketPopular· 102 views todayHot Property· High interest
About This Property

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

Property Type

Detached Home

Year Built

N/A

Lot Size

N/A

Garage

N/A

Basement

N/A

Heating

N/A

Cooling

N/A

Parking Spaces

N/A

Location

Map View

229 Elgin Street W, Arnprior, ON K7S 1P4, Arnprior, Ontario

About 229 Elgin Street W, Arnprior, ON K7S 1P4

This Detached Home at 229 Elgin Street W, Arnprior, ON K7S 1P4 is listed for sale in Arnprior, Ontario at $699,900.

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Arnprior is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this detached home represents a compelling opportunity in Arnprior's real estate market.

MLS® number X12561804. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

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Mortgage Calculator

$699,900

20% ($139,980)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$3,438

*Principal & Interest only. Does not include taxes or insurance.

Principal$559,920
Total Interest$471,600
Total Cost$1,171,500
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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