229 ELGIN STREET W, Arnprior

2025-11-20
 

Quick Summary

Location
229 ELGIN STREET W, Arnprior, Ontario K7S1P4
Price
$699,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3500 - 5000 sqft
Bedrooms:
8
Bathrooms:
5

MLS®#X12561804

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. (id:32467)

Property Features

Building

  • Appliances: Stove, Refrigerator
  • Basement Development: Unfinished,Other, See Remarks
  • Basement Type: N/A (Unfinished), N/A (Other, See Remarks)
  • Cooling Type: None
  • Exterior Finish: Brick Veneer, Vinyl siding
  • Fireplace: No
  • Interior Size: 3500 - 5000 sqft
  • Building Type: Other
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 70.8 x 101.2 FT
  • Sewer: Sanitary sewer

Information entered by RIGHT AT HOME REALTY
Listing information last updated on: 2025-11-20 15:25:49


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

Send a Message


One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

Q
Are your listings on MLS®, realtor.ca and shared across the web?

Yes, yes, and yes.


Learn more about the One Percent Realty Deal

 

Melanie Amo Sales Representative & Ottawa REALTOR®

Phone:
613-302-4344
Email:
melanieamohomesales@gmail.com
Support Area:
Ottawa, Centretown, GreaterOttawaArea, Orleans, Rockland, Nepean, Barrhaven, Kanata, Limoges, Britannia, Blackburn Hamlet, Arnprior, Carleton Place, Winchester, South Keys, Gloucester, Russell, Embrun, Stittsville, Bells Corners

Position. Protect. Pro-Manage Ottawa born and raised! I offer support and service. I can help gui ...

Full Profile

 

Sarah Mann Real Estate Agent

Phone:
613-285-4404
Email:
sarahmannrealtor@gmail.com
Support Area:
Ottawa, Smiths Falls, Kemptville, Carleton Place, Perth, Merrickville, Rideau Lakes, Lombardy, Richmond, Stittsville, Carp, Lanark, Rideau Ferry, Portland, Spencerville, Mississippi Lakes, Almonte, Pakenham, Arnprior, Manotick, Greely, Hallville, South Mountain, Winchester, ches

Hello, I’m Sarah Mann your local real estate agent - proudly serving Lanark County, Otta ...

Full Profile