$7,230,000
Available - For Sale
Listing ID: X9517859
36 MAIN St East , Mississippi Mills, K0A 1A0, Ontario
| Prime investment opportunity in vibrant Mississippi Mills / Almonte! Modern luxury meets unbeatable location with this stunning 2024-built investment property. Boasting 13 tastefully designed units (9 x 3-bedroom townhomes, 3 x 2-bedroom apartments, and 1 x 1-bedroom apartment) and offering modern finishes, high ceilings, and breathtaking views overlooking the Mississippi River and the charming heritage architecture of downtown Almonte. This prime downtown location places your tenants within walking distance of everything they need: Almonte General Hospital, the area's largest employer, major shopping centers, and popular downtown event centres are all just steps away. Additionally, the property directly abuts the Ottawa Valley Rail Trail, a multi-use pathway perfect for cyclists, walkers, and outdoor enthusiasts. Large windows, in-suite laundry, individually controlled heating and cooling, ample parking, and luxurious finishes will ensure happy tenants and strong rental income. |
| Price | $7,230,000 |
| Taxes: | $30928.00 |
| Occupancy by: | Owner |
| Address: | 36 MAIN St East , Mississippi Mills, K0A 1A0, Ontario |
| Postal Code: | K0A 1A0 |
| Province/State: | Ontario |
| Legal Description: | PARCEL U-1, SECTION M138 BLK U PLAN M138 |
| Lot Size: | 175.00 x 195.00 (Feet) |
| Directions/Cross Streets: | From Highway 417 take exit 155 for Ottawa 49/March Rd toward Almonte. Turn left on March Rd to head |
| Category: | Apartment |
| Insurance Expense: | $13000 |
| Water Expense: | $7800 |
| Gross Income/Sales: | $445200 |
| Operating Expenses: | $66503 |
| Net Income Before Debt: | $378697 |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CAPITAL COMMERCIAL INVESTMENT CORP. |
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Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Lanark |
| Municipality: | Mississippi Mills |
| Neighbourhood: | 911 - Almonte |
| Lot Size: | 175.00 x 195.00(Feet) |
| Tax: | $30,928 |
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