For Sale - 186 Water Street, Mississippi Mills, Ontario

Est payment $3,841/mo
Views   1
Time on Jump  1 days
  • Well-maintained 4-unit multiplex offering stable income with a 6.3% cap rate.
  • All one-bedroom units attract reliable long-term tenants, fully leased now.
  • Ample parking includes five dedicated spaces for residents and guests.
  • Scenic views of the Almonte Fairgrounds and river enhance tenant appeal.
  • Walkable access to local amenities in a charming, growing community.



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.
Listing IDX13055398
Address186 Water Street
CityMississippi Mills, Ontario
Price$799,900
Bed / Bath4 / 4 Full
Style2-Storey, Fourplex
ConstructionVinyl Siding
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features Separate Hydro MeterOutdoor Features NoneOwnership FreeholdViews Meadow, Clear, RiverWaterfront IndirectBasement Full, UnfinishedFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer
Parking 5.00
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Listing Agency:  TRU REALTY

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186 Water Street
Mississippi Mills , Ontario
4 4 $799,900
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