For Sale Multi-Family

154 Elgin Street

$1,899,000 Est. $8,408/mo ↓

Mississippi Mills, Ontario K0A 1A0

6,000 sqft Interior
Bldg=129 X 142 Ft Lot size
17 days ago Listed
Partially Air Conditioned, Fully Air Conditioned Baseboard Heaters

About this home

JUST LISTED | Investment Opportunity Stunning 6-unit investment property located in the friendly and growing community of Almonte. This exceptional multi-residential building is within walking distance to parks, recreation, downtown shopping, and restaurants, offering tenants both convenience and lifestyle appeal. Meticulously maintained and showcasing true pride of ownership, several units have been extensively renovated, with the most recent updates completed in 2022. The quality workmanship and ongoing care make this property a standout opportunity for investors seeking stability and long-term value. Property Features:6 Apartment Units, Attached Three-Car Heated Garage, Ample Additional Parking, In-Unit Laundry, All-Inclusive Rents, Excellent Tenant Retention Potential. Unit Breakdown:1 x 1 Bedroom | 1 Bathroom, 2 x 1 Bedroom + Den | 1 Bathroom, 1 x 1 Bedroom + Den | 2 Bathrooms, 1 x 2 Bedroom | 2 Bathrooms, 1 x 3 Bedroom | 3 Bathrooms. Ideally positioned in one of the Ottawa Valley's most desirable small towns, this turnkey investment offers strong rental appeal, a high standard of maintenance, and peace of mind for any savvy investor. (id:28469)

Business

Business Type Residential
Business Sub Type Apartments

Facts & features

Property

MLS® Number
X13155724
Property Type
Multi-family
Community Name
911 - Almonte
Equipment Type
Water Heater
Rental Equipment Type
Water Heater

Building

Cooling Type
Partially Air Conditioned, Fully Air Conditioned
Heating Type
Baseboard Heaters
Size Exterior
6000 Sqft
Size Interior
6,000 Sqft
Type
Multi-family
Utility Water
Municipal Water

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
142 Ft
Size Frontage
129 Ft
Size Irregular
Bldg=129 X 142 Ft
Size Total Text
Bldg=129 X 142 Ft
Zoning Description
C3-1

The Almonte market

45 Active listings
$549,900 Median asking price
245% above median This home
28 days Avg. time on market
Browse all Almonte listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$8,408/mo
Ontario land transfer tax
$34,455 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

154 Elgin Street, Mississippi Mills, Ontario K0A 1A0  ·  Get directions

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