$1,200,000
For sale: Multiplex

Located in the heart of the desirable downtown core of the Town of Arnprior, this attractive multi-tenant commercial/residential building offers outstanding curb appeal and strong investment potential. All five units are currently tenanted, providing immediate rental income for investors. The main floor features three commercial units, each with its own private 2-piece washroom, providing functional and flexible space for a variety of businesses. The second floor offers two well-appointed residential apartments. Apartment 1 includes a spacious 2-bedroom layout with hardwood flooring throughout the living room, dining area, hallway, and bedroom. A cozy fireplace enhances the generous living area, while the unit also features a 4-piece ensuite bathroom and an additional 2-piece powder room. Apartment 2 also showcases hardwood flooring in some living areas and includes a 4-piece bathroom. The basement level provides dedicated storage areas for the commercial tenants, along with utility space. The property is equipped with separate metered forced-air natural gas furnaces and separate metered electric baseboard heating, as well as central air conditioning. There are 6 hydro meters, one for each unit & one for the owner's electricity in the halls etc. Electrical service includes a 200-amp main panel. Ideally located in the heart of downtown Arnprior, this well-maintained mixed-use building is within walking distance of shops, restaurants, professional services, and other amenities. A rare opportunity to add a quality, fully occupied investment property with diversified commercial and residential income to your portfolio. RENTS: 2 BED APT-$2,000 1 BED APT-$1,281.50 ENGINEER NIK RANK-$926.88(+HST) DAVIDSON HEARING AID CENTRE-$3,127.89(+HST) DUTCH NOOK-$1,800(+HST). TAXES-$13,046 (2026), INSURANCE-$4,428, HYDRO-$1,326, WATER-$1,467, MAINTENANCE-$5,000, MANAGEMENT-$5,249, STRUCTURAL RESERVE ALLOWANCE- $2,099
Sold data
Homes in Arnprior took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 58, across 47 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.
The median sale price was $499,900.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 47 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Arnprior has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 5.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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