Address
154 Elgin Street, Mississippi Mills, ON
Price
$ 1,799,000

Your Agent

Karl Marszowski

Sales Representative

613-706-6710


Listing provided by Karl Marszowski, Sales Representative, REMAX Hallmark Realty Group

Property Attributes
  • ID#X13155724
  • TypeCommercial
  • Listing Status Price Change
  • CityMississippi Mills
  • Area911 - Almonte
  • Neighbourhood911 - Almonte
  • Postal CodeK0A 1A0
  • StyleApts - 6 To 12 Units
  • Taxes$ 15765
  • Price$ 1,799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
Data Source:
Toronto Real Estate Board (TRREB)
Property 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.

Price History
5/21/2026 Listed $1,899,000
9/9/2026 6$1,799,000

General Features

Sewer Sanitary
Cooling Partial,Yes
Utilities Yes
Heater Type Baseboard
Expenses Actual
Property Subtype Investment
Tax Year 2025
Lot Depth 142.0
Business Type Apts - 6 To 12 Units
County Lanark
Net Operating Income 96466.0
Insurance Expense 7844.0
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status Price Change
City Mississippi Mills
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 15765.0
Electric Expense 1157.0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner+Tenant
Legal Description LOT 11 SEC ANDERSON PL 6262 LANARK N RAMSAY EXCEPT PT 1 ON 27R5296; LOT 12 SEC ANDERSON PL 6262 LANARK N RAMSAY MUNICIPALITY OF MISSISSIPPI MILLS

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type Pay
Spa No
Building Area Total 6000.0
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in K0A 1A0

Price
AVG $240K
$1.8M
Visits
AVG 5
21
Data Provided by Inside Real Estate®

Your Agent

Karl Marszowski

Sales Representative

613-706-6710


Listing provided by Karl Marszowski, Sales Representative, REMAX Hallmark Realty Group

Listed By
ROYAL LEPAGE TEAM REALTY

Areas We Cover