322 Honeyborne ST, Mississippi Mills, ON K0A 1A0
322 Honeyborne ST, Mississippi Mills, ON K0A 1A0
322 Honeyborne ST, Mississippi Mills, ON K0A 1A0
26
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$6,450,000
Est. payment /mo
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34,207 SqFt
Active

322 Honeyborne ST Mississippi Mills, ON K0A 1A0

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 34,207 sqft

Price per Sqft $188

Subdivision 911 - Almonte

MLS Listing ID X13778962

Annual Tax Amount $51,421

Tax Year 2025

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Lanark

Area Lanark

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 159.26

Lot Depth 216.48

Others

ParcelsYN No

Virtual Tour https://www.honeyborneapartments.com/

Listed by EXP REALTY

NEARBY SCHOOL & BUSINESS

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader License ID: 9517861

+1(416) 875-4880

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322 Honeyborne ST

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