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Investment signal

$799,000

278 ELGIN STREET W

Save this home

Beds

11

Baths

5

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Arnprior. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 278 Elgin Street West Arnprior! This 5 unit multi family building is ideally located within walking distance of downtown Arnprior. A century home in the front houses 2 large units and a purpose built addition on the back offers 3 more units. Tenants share a common coin operated laundry in the lower level. UNIT 1 in the front section boasts 2 bedrooms, original hardwood floors, large windows and a sun room ($ 1,070.00 per month).UNIT 2 (id:65958)

Subtype
Multi-family
Structure
Other
Community
550 - Arnprior
Lot dimensions
48.4 x 140.5 FT
Bedrooms
11 above grade
Parking
5 total
Stories
3
Fireplace
4
On market
Oct 16, 2025
Status changed
Apr 24, 2026
Annual tax
$5,325.15 (2025)
Zoning
Residential
Photos
6
MLS#
X12464610
Area
ARNPRIOR

Features and systems

Parking

No Garage

Basement

Full

Heating

Baseboard heatersElectric

Cooling

None

Exterior

BrickStucco

Foundation

StoneBlock
Negative cash flow ~$884/mo at these assumptions

Cash on cash

-6.64%

Cap rate

3.54%

GRM

16.6

Break-even rent

$4,930

Financing

Down payment$159,800
Loan amount$639,200
Mortgage$3,239/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$366
Insurance$80
Maintenance$666
CapEx reserve$333
Vacancy loss$200

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,239/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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