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.
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2-Storey
Approx. Age:
51-99
Total Approx Floor Area:
2500-3000
Lot Depth:
94'11"28.9 m
Lot Frontage:
103'31.4 m
Lot Shape:
Irregular
Direction Faces:
South
Bedrooms:
4
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
4
Kitchens Above Grade:
4
Rooms Above Grade:
19
Zoning:
R2
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Concrete
Roof:
Metal
Basement:
Full, Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
TO BE ARRANGED
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$4,835.98 /
2025
Assessment:
$- /
-
Lanark
Mississippi Mills
911 - Almonte
Separate Hydro Meter
Smoke Detector
2 Hot water tanks
4 fridges, 4 stoves,1 washer and 1 dryer, storage shed
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