154 Elgin Street, Mississippi Mills, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of 911 - Almonte. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 129 x 142 ft lot size
- Convenient pay garage included
- equipped with partial, yes central cooling and highly efficient baseboard heating
Description
JUST LISTED | Investment Opportunity Stunning 6-unit investment property located in the friendly and growing community of Almonte. This exceptional multi-residential building is within walking distance to parks, recreation, downtown shopping, and restaurants, offering tenants both convenience and lifestyle appeal. Meticulously maintained and showcasing true pride of ownership, several units have been extensively renovated, with the most recent updates completed in 2022. The quality workmanship and ongoing care make this property a standout opportunity for investors seeking stability and long-term value. Property Features:6 Apartment Units, Attached Three-Car Heated Garage, Ample Additional Parking, In-Unit Laundry, All-Inclusive Rents, Excellent Tenant Retention Potential. Unit Breakdown:1 x 1 Bedroom | 1 Bathroom, 2 x 1 Bedroom + Den | 1 Bathroom, 1 x 1 Bedroom + Den | 2 Bathrooms, 1 x 2 Bedroom | 2 Bathrooms, 1 x 3 Bedroom | 3 Bathrooms. Ideally positioned in one of the Ottawa Valley's most desirable small towns, this turnkey investment offers strong rental appeal, a high standard of maintenance, and peace of mind for any savvy investor.
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Pricing & Value Insights
Data-driven valuation for 154 Elgin Street, Mississippi Mills, ON K0A 1A0
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About Purchasing a Home in Mississippi Mills, ON
For a property listed at $1,899,000 in Mississippi Mills, the legal minimum down payment is $379,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $34,455 for this transaction. As this listing is in Mississippi Mills (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $34,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.