Property Details
322 HONEYBORNE STREET, Mississippi Mills, Ontario, K0A1A0
Sales Representative
RE/MAX Hallmark Realty Group, Brokerage - Prescott
Cell: 613-401-4482
Tel: 613-596-5353
$6,450,000 - For sale
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:2471)
Location DescriptionCross Streets: Conc 11A and Honeyborne. ** Directions: From Ottawa, West on Hwy49 to Almonte, right on Conc 11A and left onto Honeyborne.
- Property Address:322 HONEYBORNE STREET, Mississippi Mills, Ontario, K0A1A0
- Property Type:Multi-family
- Community Name:911 - Almonte
- Lot Size:Bldg=159.26 x 216.48 FT
- Water Type:Municipal water
- Structure Style:Multi-Family
- Floor Space:34208 sqft
- Heating Type:Natural gas, Hot water radiator heat
- Cooling Type:None
- Appliances Included:Dishwasher
Sales Representative
RE/MAX Hallmark Realty Group, Brokerage - Prescott
Cell: 613-401-4482
Tel: 613-596-5353
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- Map 322 HONEYBORNE STREET, Mississippi Mills, Ontario, K0A1A0
- Neighbourhood Information
322 HONEYBORNE STREET, Mississippi Mills, Ontario, K0A1A0
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