229 Elgin Street, Arnprior, ON, K7S 1P4 - investment for sale | Listing ID 1372668

Investment For Sale In Arnprior, Ontario

$639,900

Details
Map
Demographics
Street View
Get Directions

229 Elgin Street, Arnprior, ON - Outdoor

229 Elgin Street, Arnprior, ON - Indoor Photo Showing Living Room

229 Elgin Street, Arnprior, ON - Indoor Photo Showing Dining Room

229 Elgin Street, Arnprior, ON - Indoor Photo Showing Kitchen

229 Elgin Street, Arnprior, ON - Indoor Photo Showing Bedroom

229 Elgin Street, Arnprior, ON - Indoor Photo Showing Bathroom

229 Elgin Street, Arnprior, ON - Indoor Photo Showing Laundry Room

229 Elgin Street, Arnprior, ON - Indoor Photo Showing Other Room

Advertising

Home Insurance - TD Insurance

Get a home insurance quote online for this $639,900 property in Arnprior

Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $639,900 property in Arnprior

Provided by TD Insurance

ACTIVE

229 ELGIN STREET, Arnprior, Ontario, K7S 1P4

$639,900

Property Information:

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, Basement Spray Foam, Furnace and 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 a 7.6% cap rate. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Development: Unfinished
Basement Type: Cellar
Construction Style - Attachment: Attached
Exterior Finish: Brick, Siding
Flooring Type: Wall-to-wall carpet, Flooring Type, Laminate, Tile
Foundation Type: Poured Concrete, Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Amenities Nearby: Recreation Nearby, Shopping
Built in: 1930
Communication Type: Internet Access
Current Use: Development residential
Features: Corner Site, Flat site
Irregular: Yes
Lease Type: Lease Type
Lot Depth: 101.2 Feet
Lot Frontage: 70.8 Feet
Lot Size: 70.8 ft X 101.2 ft
Road Type: Paved road
Utility Type: Fully serviced - Available
Zoning: 5 Plex
Sewer: Municipal sewage system
Parking Type: Surfaced
No. of Parking Spaces: 10

Courtesy of: RIGHT AT HOME REALTY

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

More Detail

Less Detail

Sales/Price History

Market Price Trends

Location of 229 ELGIN STREET, Arnprior, Ontario, K7S 1P4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

29 hot days expected in 2050

Projected Storm Risk: High

14 storms expected in 2050

Projected Heat Risk: High

29 hot days expected in 2050

47/100

High

ClimateCheck®

Current data

This property, 229 ELGIN STREET , experiences 7 hot days per year at around 31.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35 degrees Celsius.

Projected Avg. Temperature

Past

31.5℃

2050

35℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

14 storms expected in 2050

59/100

High

ClimateCheck®

Current data

This property, 229 ELGIN STREET , experiences 11 significant 2-day storms per year, with about 291.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 369.1mm of precipitation per year.

Precipitation Per Storm

Past

291.6mm

2050

369.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

More Detail

Less Detail

Demographic Information of 229 ELGIN STREET, Arnprior, Ontario, K7S 1P4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$100,218.51

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.32 %

High school certificate or equivalent

32.88 %

Apprenticeship trade certificate/diploma

5.22 %

College/non-university certificate

28.51 %

University certificate (below bachelor)

0.35 %

University Degree

13.72 %

Commuter

Travel To Work

By Car

89.07 %

By Public Transit

0.0 %

By Walking

7.24 %

By Bicycle

1.79 %

By Other Methods

1.9 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.79 %

Houses

65.21 %

Own Vs. Rent

More Detail

Less Detail

Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 229 ELGIN STREET, Arnprior, Ontario, K7S 1P4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 229 ELGIN STREET, Arnprior, Ontario, K7S 1P4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

229 ELGIN STREET, Arnprior, Ontario, K7S 1P4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Log In

Create an account to:

Create Account

Complete Account Verification