47 MADAWASKA STREET
Arnprior
K7S 1R8
$585,000
Multi-family
beds: 6
baths: 3.0
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- X12283721
- Bedrooms:
- 6
- Bathrooms:
- 3
- Photos (29)
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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. (id:2493)
- Property Type:
- Multi-family
- Living Area (Min):
- 3,000 sq. ft.
- Living Area (Max):
- 3,500 sq. ft.
- Zoning:
- MU/C
- Taxes:
- $4,974.78 / -
- Community:
- 550 - Arnprior
- Exterior Features:
- Brick, Vinyl siding
- Structure Type:
- Other
- Appliances Included:
- Washer, Refrigerator, Stove, Dryer
- Bedrooms:
- 6
- Bedrooms Above Grade:
- 6
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 3.0
- Half Bathrooms:
- 1
- Fireplace:
- No
- Foundation:
- Stone
- Heating:
- Forced air, Natural gas
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Basement:
- Unfinished, N/A
- Lot Frontage:
- 75'
- Lot Details:
- 75 x 150 FT
- Parking:
- No Garage
- Total Parking Spaces:
- 4
- Floor
- Type
- Size
- Other
- Main level
- Kitchen
- 20'2" × 10'
- -
- Main level
- Living room
- 13'9" × 11'2¼"
- -
- Main level
- Living room
- 13'7" × 11'5"
- -
- Main level
- Kitchen
- 14' × 11'7"
- -
- Main level
- Living room
- 13'8" × 13'7"
- -
- Main level
- Other
- 7'2" × 5'7"
- -
- Main level
- Other
- 26'10" × 12'11½"
- -
- Main level
- Other
- 10'5" × 8'4¾"
- -
- Second level
- Primary Bedroom
- 13'8" × 10'10"
- -
- Second level
- Bedroom 2
- 11'3" × 8'3"
- -
- Second level
- Bedroom 2
- 13'8" × 11'7"
- -
- Second level
- Bedroom 3
- 10'5" × 9'1½"
- -
- Second level
- Bedroom 4
- 12'½" × 10'4"
- -
- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- -
- 2'11" x 4'9½"
- Second level
- No
- -
- 9'4" x 7'7"
- Second level
- No
- -
- 8'6" x 9'11"
-
47 Madawaska -
Overhead Shot
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Commercial Store Front
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Commercial Store Front
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Unit 1-Entry
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Unit 1- Living Room
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Unit 1- Living Room
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Unit 1- Living Room
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Unit 1- Kitchen
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Unit 1- Kitchen
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Unit 1- Kitchen
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Unit 1- Kitchen
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Unit 1-Primary Bedroom
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Unit 1-Bathroom
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Unit 1-Bathroom
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Unit 1- Bedroom #2
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Unit 1- Bedroom #3
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Unit 1- Bedroom #4
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Listed by PAUL RUSHFORTH REAL ESTATE INC.
Data was last updated July 15, 2025 at 06:45 AM (UTC)
Area Statistics
- Listings on market:
- 12
- Avg list price:
- $698,800
- Min list price:
- $370,000
- Max list price:
- $5,595,000
- Avg days on market:
- 56
- Min days on market:
- 1
- Max days on market:
- 180
- Avg price per sq.ft.:
- $4,405,511.81
These statistics are generated based on the current listing's property type
and located in
550 - Arnprior. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- NILA MATTHEWS
- Royal LePage Performance Realty
- 613.238.2801
- Contact by Email
