Size
-
Lot size
11250 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$171 - $200
Taxes
$4,974.78 (2025)
Parking Type
-
Style
2-Storey
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Description
OPPORTUNITY KNOCKS. DOWNTOWN ARNPRIOR. MIXED USED MULTIPLEX with MU/C zoning in a superb high visibility location on Madawaska St, the location can not be beat for exposure, walkability and future land value. This GEM pulls POSITIVE CASH FLOW and an 8% CAP RATE. Consisting of 3 independent units. 1) BRAND NEW 4 BEDROOM RESIDENTIAL UNIT, completely rebuilt from studs in 2024 w/ fire code (Currently Vacant and Move in Ready) 2) STOREFRONT Commercial Unit (tenant in place). 3) Rear 2 bedroom + Den residential unit (tenant in place). EXCEPTIONAL VALUE. IDEAL FOR OWNER LIVE USE OR INVESTMENT OPPORTUNITY...Endless Opportunities!!. Each Residential unit has their own driveway/parking. High value upgrades in recent years: Metal Roof 2018, 2x Gas Furnace 2022. 2bed unit is monthly, rent is $1230/m + gas/hydro. Commercial Unit Rent is on lease to May 2029 (Buyer option to terminate) $1636/m + hydro. 4Bed is vacant, market rent ~2k+. Tenants pay utilities. (gas/hydro). Owner pays: Water/Taxes/Insurance. 3 separate hydro meters/panels, 2 gas meters. Both RES units are forced air natural gas, COM unit is electric baseboard. LOT SIZE OF 75 x150 allows for redevelopment in the future. See floor-plan attached for layout. Flexible closing date possible. Please do not visit the property without a booked showing appointment. Min 24hours notice for showings.
Broker: PAUL RUSHFORTH REAL ESTATE INC.
MLS®#: X12143865
Property details
Parking:
4
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
75 Ft
Lot depth:
150 Ft
Listed on:
May 13, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Other | 7.2 x 5.6 ft | |
Second | Bedroom 2 | 11.6 x 13.7 ft | |
Main | Kitchen | 14.0 x 11.6 ft |
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Instant estimate:
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$10,549
higher than listed pricei
High
$649,668
Mid
$610,449
Low
$593,843
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