186 Water Street Mississippi Mills, Ontario K0A 1A0
$799,900
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:37553)
Property Details
| MLS® Number | X13055398 |
| 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 Ft2 |
| 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 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 5.2 m | 4.57 m | 5.2 m x 4.57 m |
| Second Level | Kitchen | 1.59 m | 3.96 m | 1.59 m x 3.96 m |
| Second Level | Bedroom | 3.05 m | 3.86 m | 3.05 m x 3.86 m |
| Second Level | Bathroom | 1.99 m | 1.39 m | 1.99 m x 1.39 m |
| Second Level | Living Room | Measurements not available | ||
| Second Level | Kitchen | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bathroom | Measurements not available | ||
| Lower Level | Laundry Room | Measurements not available | ||
| Main Level | Living Room | 4.72 m | 4.57 m | 4.72 m x 4.57 m |
| Main Level | Dining Room | 3 m | 1.45 m | 3 m x 1.45 m |
| Main Level | Kitchen | 3.99 m | 1.39 m | 3.99 m x 1.39 m |
| Main Level | Bedroom | 3.21 m | 3.87 m | 3.21 m x 3.87 m |
| Main Level | Bathroom | 2.12 m | 1.03 m | 2.12 m x 1.03 m |
| Main Level | Living Room | 5.04 m | 4.94 m | 5.04 m x 4.94 m |
| Main Level | Dining Room | 3.29 m | 1.52 m | 3.29 m x 1.52 m |
| Main Level | Kitchen | 3.65 m | 1.99 m | 3.65 m x 1.99 m |
| Main Level | Bedroom | 2.98 m | 3.52 m | 2.98 m x 3.52 m |
| Main Level | Bathroom | 2.16 m | 1.38 m | 2.16 m x 1.38 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29669467/186-water-street-mississippi-mills-911-almonte
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April 28 2026 11:23:52
Ottawa Real Estate Board
Tru Realty