186 Water Street
Mississippi Mills
K0A 1A0
$699,900
Residential Freehold
beds: 4
baths: 4.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X13540848
- Bedrooms:
- 4
- Bathrooms:
- 4
- Photos (33)
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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.
- 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"
- Lot Frontage:
- 103'
- 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:
- TBD
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Development Charges Paid:
- Unknown
- 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
- Tenants belongings
- Vinyl Siding
- Indirect
- Meadow, Clear, River
- River
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 15'6" × 15'
- Main
- Dining Room
- 9'10" × 4'9"
- Main
- Kitchen
- 13'1" × 4'7"
- Main
- Bedroom
- 12'8" × 10'6"
- Main
- Living Room
- 16'6" × 16'2½"
- Main
- Dining Room
- 10'9½" × 5'
- Main
- Kitchen
- 12' × 6'6"
- Main
- Bedroom
- 11'7" × 9'9"
- Second
- Living Room
- 17'1" × 15'
- Second
- Kitchen
- 13' × 5'3"
- Second
- Bedroom
- 12'8" × 10'
- Second
- Living Room
- Measurements not available
- Second
- Kitchen
- Measurements not available
- Second
- Bedroom
- Measurements not available
- Lower
- Laundry
- Measurements not available
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- -
- 6'11½" x 3'4½"
- Main
- No
- -
- 7'1" x 4'6"
- Second
- No
- -
- 6'6" x 4'7"
- Second
- No
- -
- 0' x 0'
- Utilities Cable:
- Available
- Utilities Telephone:
- Available
- Utilities Gas:
- Yes
- Utilities Hydro:
- Yes
- Utilities Water:
- Yes
- Sewers:
- Yes
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Level:
- Lower Level
- Date Listed:
- Jul 08, 2026
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Unit 4 for layout only
Listed by TRU REALTY
Data was last updated July 15, 2026 at 06:15 PM (UTC)
- Michelle Lawn, REALTOR®
- TRU REALTY
- 514-266-9276
- Contact by Email
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