For Sale - 322 Honeyborne Street, Mississippi Mills, Ontario

Est payment $30,972/mo
Views   1
Time on Jump  50 day
  • Newly built 24-unit apartment building, completed in 2020 for modern living.
  • Variety of unit types, including 1, 2, and 3-bedroom options available.
  • Convenient on-site laundry facilities and ample tenant parking spaces.
  • Located near shopping, restaurants, parks, and essential services.
  • Not affected by Ontario’s annual rent-increase guideline, ensuring stable income.



Attention investors! A purpose-built 24-unit apartment building completed in 2020, located in the growing community of almonte, approximately 20 minutes west of kanata and 40 minutes from downtown ottawa. This modern three-storey asset offers a practical unit mix comprising 17 two-bedroom, 2 one-bedroom and 5 three-bedroom units, along with elevator service. Units range from approximately 650 to 955 sq. Ft. And feature efficient, open-concept layouts, laminate flooring, a fridge, stove, dishwasher, erv and window coverings. Coinamatic laundry facilities are conveniently located on every floor. Designed for efficient operation and management, tenants pay hydro while the landlord pays heat and water. The property provides approximately 30 tenant parking spaces, 5 visitor spaces and additional street parking. Other features include controlled entry, an intercom and camera-monitored common areas. Completed and first occupied in 2020, the building is not subject to ontario's annual rent-increase guideline. Ideally situated within walking distance of shopping, restaurants, parks and essential services, the property benefits from its location in mississippi mills, which experienced 12% population growth between 2016 and 2021, as well as convenient access to kanata and ottawa. A modern multifamily investment offering strong fundamentals, durable construction and long-term income potential.
Listing IDX13778962
Address322 Honeyborne Street
CityMississippi Mills, Ontario
Price$6,450,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Gas Hot Water
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322 Honeyborne Street
Mississippi Mills , Ontario
$6,450,000
Get more info