186 WATER STREET, Mississippi Mills, Ontario

4 Beds 4 Baths

$799,900

Listing ID: X13055398 Property Type: Multi-family

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. (id:25961)

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Rooms

Level	Type	Dimensions
Living room	Second level	5.2 m x 4.57 m
Kitchen	Second level	1.59 m x 3.96 m
Bedroom	Second level	3.05 m x 3.86 m
Bathroom	Second level	1.99 m x 1.39 m
Living room	Second level	Measurements not available
Kitchen	Second level	Measurements not available
Bedroom	Second level	Measurements not available
Bathroom	Second level	Measurements not available
Laundry room	Lower level	Measurements not available
Living room	Main level	4.72 m x 4.57 m
Dining room	Main level	3 m x 1.45 m
Kitchen	Main level	3.99 m x 1.39 m
Bedroom	Main level	3.21 m x 3.87 m
Bathroom	Main level	2.12 m x 1.03 m
Living room	Main level	5.04 m x 4.94 m
Dining room	Main level	3.29 m x 1.52 m
Kitchen	Main level	3.65 m x 1.99 m
Bedroom	Main level	2.98 m x 3.52 m
Bathroom	Main level	2.16 m x 1.38 m

Details

Equipment: Water Heater
Features: Irregular lot size
Parking Spaces: 5
Rental Equipment: Water Heater
Transaction: For sale
View: River view
Zoning Description: R2

Building

Amenities: Separate Electricity Meters
Appliances: Dryer, Storage Shed, Stove, Washer, Refrigerator
BasementType: Full (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 4
Cooling: None
Exterior Finish: Vinyl siding
Fireplace Present: False
Fire Protection: Smoke Detectors
Foundation: Concrete
Bathrooms (Total): 4
Heating: Baseboard heaters
Heating Fuel: Electric
Size Interior: 2500 - 3000 sqft
Stories Total: 2
Type: Fourplex
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 103 ft
Size Irregular: 103 x 94.9 FT

Listing provided by TRU REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 186 WATER STREET in Almonte Ontario. It was last modified on April 28th, 2026. Contact Stéphane Chevalier to schedule a viewing or to discover other Almonte properties for sale.

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