$599,900
Available - For Sale
Listing ID: X12143865
47 Madawaska Stre , Arnprior, K7S 1R8, Renfrew


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.
Price $599,900
Taxes: $4974.78
Occupancy: Tenant
Address: 47 Madawaska Stre , Arnprior, K7S 1R8, Renfrew
Directions/Cross Streets: Madawaska St /John St
Rooms: 14
Rooms +: 0
Bedrooms: 6
Bedrooms +: 0
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 9.97 20.17
Room 2 Main Living Ro 13.68 13.55
Room 3 Second Bathroom 8.46 9.91 4 Pc Bath
Room 4 Second Bedroom 2 11.61 13.68
Room 5 Second Bedroom 3 9.12 10.43
Room 6 Second Bedroom 4 12.04 10.36
Room 7 Main Other 7.15 5.61
Room 8 Main Other 26.8 12.96
Room 9 Main Other 10.43 8.4
Room 10 Main Bathroom 2.92 4.79 2 Pc Bath
Room 11 Main Living Ro 11.18 13.74
Room 12 Main Living Ro 11.45 13.61
Room 13 Main Kitchen 14.01 11.61
Room 14 Second Bathroom 9.32 7.58 4 Pc Bath
Room 15 Second Primary B 13.68 10.82
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 2 Main
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick, Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Park #3
Parking Type: Private
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
PAUL RUSHFORTH REAL ESTATE INC.
  • Listing -1 of 0
Personal Picture
Hossein Vanishoja
Broker, ABR, SRS, P.Eng
Dir:
416-300-8000
Bus:
888-884-0105
Fax:
888-884-0106
 
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At a Glance:
Type: Freehold - Multiplex
Area: Renfrew
Municipality: Arnprior
Neighbourhood: 550 - Arnprior
Style: 2-Storey
Lot Size: x 150.00(Feet)
Approximate Age: 100+
Tax: $4,974.78
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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