For Sale: 322 Honeyborne Street, Mississippi Mills, ON - REW
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$6,450,000
0 bd ba 34207 sf Multifamily

322 Honeyborne StreetMississippi Mills, ON, K0A 1A0

  • 0 Bed
  • Bath
  • 34207 Sqft
  • Multifamily

About this home

Attention Investors! A purpose-built 24-unit apartment building completed in 2020, located in the growing community of Almonte, approximately 20 minutes west of Kanata and 40 minutes from downtown Ottawa. This modern three-storey asset offers a practical unit mix comprising 17 two-bedroom, 2 one-bedroom and 5 three-bedroom units, along with elevator service. Units range from approximately 650 to 955 sq. ft. and feature efficient, open-concept layouts, laminate flooring, a fridge, stove, dishwasher, ERV and window coverings. Coinamatic laundry facilities are conveniently located on every floor. Designed for efficient operation and management, tenants pay hydro while the landlord pays heat and water. The property provides approximately 30 tenant parking spaces, 5 visitor spaces and additional street parking. Other features include controlled entry, an intercom and camera-monitored common areas. Completed and first occupied in 2020, the building is not subject to Ontario's annual rent-increase guideline. Ideally situated within walking distance of shopping, restaurants, parks and essential services, the property benefits from its location in Mississippi Mills, which experienced 12% population growth between 2016 and 2021, as well as convenient access to Kanata and Ottawa. A modern multifamily investment offering strong fundamentals, durable construction and long-term income potential. (id:63626)
Listed by: Edmundo Roa, Salesperson, EXP REALTY OF CANADA INC.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$51,422
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
216.48 feet
Frontage
159.3 feet
Heating Type
Hot water radiator heat, Natural gas
Appliances
Dishwasher
Agent details
Primary Agent
Edmundo Roa
Primary Broker
EXP REALTY OF CANADA INC.
Listing details
Days on REW
3 Days
MLS® Number
X13778962
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

R Tait McKenzie Public School
  • Public
  • JK - 6
Holy Name of Mary School
  • Catholic
  • JK - 8
Almonte District High School
  • Public
  • 7 - 12
Naismith Memorial Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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