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Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Almonte. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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.
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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.
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This fourplex located at 186 Water Street, Mississippi Mills is currently for sale and has been available for 121 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 186 Water Street, Mississippi Mills is in the Almonte neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Almonte, Mississippi Mills.
Growing families needing multi-bedroom flexibility and space in Almonte, Mississippi Mills.
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None listed
None listed
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No historical data available for this property.
This could be the first listing for this address.
This property at 186 Water Street, Mississippi Mills, ON has closed. If you own a home on this street or nearby in Mississippi Mills, recent market trends and verified sold prices directly determine your home equity.
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The current listing price for 186 Water Street, Mississippi Mills, ON in Almonte, Mississippi Mills is $699,900.
This property features 4 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.
186 Water Street, Mississippi Mills, ON is a Fourplex (2-Storey) featuring a Full, Unfinished basement.
Interior highlights include: Separate Hydro Meter.
Security features include: Smoke Detector.
Yes, this property offers parking space for 5.0 vehicles (None).
Heating is provided via Electric and cooling via None.
Almonte, Mississippi Mills
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 186 Water Street, Mississippi Mills, ON K0A 1A0
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Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Almonte, Mississippi Mills.
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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.
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