186 Water Street, Mississippi Mills, Ontario K0A 1A0 (30008653)

4 Bedrooms

4 Bathrooms

2,500 - 3,000 sqft Interior

5 Parking spaces

103 X 94.9 Ft Lot size

None Baseboard Heaters

About this home

CASH FLOWING 4 PLEX This well-maintained 4-unit multiplex offering strong, stable income with a 6.3% cap rate. Each unit features a functional one-bedroom layout, appealing to reliable long-term tenants, and the property is fully leased, providing immediate cash flow. Ample parking includes five spaces-one dedicated per unit plus a convenient guest spot.Ideally positioned, the property boasts scenic views of the Almonte Fairgrounds and the nearby river, adding to its tenant appeal and long-term desirability. The setting combines small-town charm with walkable access to local amenities, making it an attractive rental location.This is a turnkey investment opportunity with consistent performance, low vacancy risk, and future upside potential. Perfect for investors seeking a manageable multi-unit property in a desirable and growing community. (id:28469)

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Facts & features

Property

MLS® Number: X13540848
Property Type: Multi-family
Community Name: 911 - Almonte
Equipment Type: Water Heater
Features: Irregular Lot Size
Parking Space Total: 5
Rental Equipment Type: Water Heater
View Type: River View

Building

Bathroom Total: 4
Bedrooms Above Ground: 4
Bedrooms Total: 4
Age: 51 To 99 Years
Amenities: Separate Electricity Meters
Appliances: Dryer, Storage Shed, Stove, Washer, Refrigerator
Basement Development: Unfinished
Basement Type: Full (unfinished)
Cooling Type: None
Exterior Finish: Vinyl Siding
Fire Protection: Smoke Detectors
Foundation Type: Concrete
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Stories Total: 2
Size Interior: 2,500 - 3,000 Sqft
Type: Fourplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 94 Ft ,10 In
Size Frontage: 103 Ft
Size Irregular: 103 X 94.9 Ft
Size Total Text: 103 X 94.9 Ft
Zoning Description: R2

Utilities

Cable: Available
Electricity: Installed
Sewer: Installed

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

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.

Rooms

Second Level

Living Room 5.2 m x 4.57 m
Kitchen 1.59 m x 3.96 m
Bedroom 3.05 m x 3.86 m
Bathroom 1.99 m x 1.39 m
Living Room Measurements not available
Kitchen Measurements not available
Bedroom Measurements not available
Bathroom Measurements not available

Lower Level

Laundry Room Measurements not available

Main Level

Living Room 4.72 m x 4.57 m
Dining Room 3 m x 1.45 m
Kitchen 3.99 m x 1.39 m
Bedroom 3.21 m x 3.87 m
Bathroom 2.12 m x 1.03 m
Living Room 5.04 m x 4.94 m
Dining Room 3.29 m x 1.52 m
Kitchen 3.65 m x 1.99 m
Bedroom 2.98 m x 3.52 m
Bathroom 2.16 m x 1.38 m

Location

186 Water Street, Mississippi Mills, Ontario K0A 1A0 · Get directions