Salehian.com 647-325-5000

4 Elgin Street W

550 - Arnprior, Arnprior, K7S 1N3

$849,900

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  • 4 bathrooms

Listed today · MLS® X14098886

About this home

RARE DOWNTOWN ARNPRIOR MIXED-USE INVESTMENT PROPERTY - FULLY LEASED. An exceptional opportunity to acquire a fully leased, income-producing mixed-use investment property in the heart of downtown Arnprior. Located at the highly visible corner of Elgin Street West and Daniel Street, this landmark commercial and residential building offers strong cash flow, diversified rental income, and long-term appreciation potential in one of Eastern Ontario's fastest-growing real estate markets. This prominent downtown investment property features approximately 1,997 sq/ft. of prime commercial retail space on the main floor, occupied by an established tenant. Positioned in a high-traffic location with excellent pedestrian exposure and vehicle visibility, the commercial component provides stable income and strong tenant appeal within Arnprior's thriving downtown business district. The upper level consists of a beautifully renovated 1,337 sq/ft. loft-style apartment, combining historic charm with modern amenities. This sought-after residential rental unit features exposed brick walls, large windows, abundant natural light, an open-concept layout, two spacious bedrooms plus a den or home office, in-suite laundry, and picturesque views of the Madawaska and Ottawa Rivers. With both tenants in place and paying their own utilities, the property benefits from reduced operating expenses, efficient management, and dependable monthly cash flow. Based on current income and operating costs, the building offers an estimated (cap rate) of approximately 6.0%, making it an attractive commercial real estate investment for investors seeking yield, stability, and long-term wealth creation.Opportunities to purchase a fully leased mixed-use building in downtown Arnprior are limited. This investment property combines a high-profile corner location, established tenancy, strong rental demand, renovated residential accommodations, and the enduring value of a historic downtown commercial building.

Details

Type
Commercial Retail
Lot
25 × 130 ft
Garage
None
Property tax
$8,213 (2026)
Neighbourhood
550 - Arnprior
Municipality
Arnprior

Interior

Bathrooms
4 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Partial
Utilities
Yes

Building and exterior

Building area
3,334 Square Feet

More

Possession
Flexible
Cross street
DANIEL STREET

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 9 cafés and restaurants, 6 parks, 2 pharmacies. Nearest park: CN Trail Park (250 m).

Schools nearby

Elementary

  • Walter Zadow Public School
    EQAO: Gr 6 reading 74%, math 26%    12 min walk
  • St. Joseph Catholic School Catholic
    EQAO: Gr 6 reading 90%, math 54%    12 min walk
  • St. John XXIII Catholic School Catholic
    EQAO: Gr 6 reading 100%, math 98%    13 min walk
  • A J Charbonneau Elementary Public School
    EQAO: Gr 6 reading 89%, math 44%    1.6 km

Secondary

  • Arnprior District High School
    EQAO: Gr 9 math 57%, literacy test 87%    13 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K7S

Owners / renters
71% / 29%
Median household income
$83,000
Average age
46
Children under 15
15%
Homes
65% detached, 1% high-rise
Population
14,265

Languages spoken most at home besides English: Gujarati 0.1%, Arabic 0.1%, Urdu 0.1%, Spanish 0.1%.

Safety

Crime Severity Index for Arnprior (OPP): 47 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Ottawa: 51 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE TEAM REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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