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For sale · MLS® X13778962

322 Honeyborne Street, Mississippi Mills, ON K0A 1A0

Mississippi Mills, ON K0A 1A0

$6,450,000Asking price
MLS entry age: 49 days— Bedrooms— Bathrooms34207.67 Reported areaInvestment Type

About this property

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.

Property facts & features

Days on market
Not reported
Property type
Investment
MLS® number
X13778962
Source status
New
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
34207.67
Neighbourhood
Not provided
Postal code
K0A 1A0
Garage
Outside/Surface
Lot depth (source units)
216.48
Annual property tax
51421.56
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided
MLS entry age (not confirmed DOM)
49 days

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

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PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$6,450,000
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

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Location & neighbourhood

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Listing brokerage: EXP REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13778962. Information deemed reliable but not guaranteed.

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