For Sale: 186 Water Street, Mississippi Mills, ON - REW
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$774,900
4 bd • 4 ba • 2500 - 2999 sf • Multifamily
186 Water Street
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$774,900
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186 Water StreetMississippi Mills, ON, K0A 1A0

  • 4 Bed
  • 4 Bath
  • 2500 - 2999 Sqft
  • Multifamily

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:63626)
Listed by: Michelle Lawn, Salesperson, TRU REALTY

Home facts and features

Price details
List Price
$774,900
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Gross Taxes for 2026
$4,836
Home facts
Bedrooms
4
Full Bathrooms
4
Parking Spaces
5
Parking Details
No Garage
Property Type
Multifamily
Depth
94.9 feet
Frontage
103.0 feet
Exterior Finish
Vinyl siding
Heating Type
Baseboard heaters, Electric
Basement Details
Unfinished, Full
Features
Irregular lot size, Separate Electricity Meters, Smoke Detectors
Appliances
Dryer, Refrigerator, Storage Shed, Stove, Washer
Agent details
Primary Agent
Michelle Lawn
Primary Broker
TRU REALTY
Listing details
Days on REW
10 Days
MLS® Number
X13438802
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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3.99%

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Property Insights

Naismith Memorial Public School
  • Public
  • JK - 6
Holy Name of Mary School
  • Catholic
  • JK - 8
R Tait McKenzie Public School
  • Public
  • JK - 6
Almonte District High School
  • Public
  • 7 - 12
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Call Agent
Salesperson
Michelle Lawn
Phone:
(514) 266-9276
Office:
343-300-6200
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