43
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$2,150,000
Est. payment /mo
14 Beds
12 Baths
Active Under Contract
201-203 Teskey ST Mississippi Mills, ON K0A 1A0
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active Under Contract
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision 911 - Almonte
MLS Listing ID X12415585
Style 2-Storey
Bedrooms 14
Annual Tax Amount $15,000
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Exceptional Turnkey Investment Opportunity! Built in 2025 and FULLY rented, this income-producing multi-unit property offers investors a rare chance to step into a high-performing asset with zero hassle. Perfectly located in the heart of Almonte, and just steps from the Mississippi River, schools, parks, shops, and scenic trails. This semi-detached set (two buildings) features 6 modern luxury units: 2 x 3 bedroom / 2 bathroom units; 4 x 2 bedroom / 2 bathroom units; and a total of 8 parking spaces. Every suite has been thoughtfully designed with durable, low-maintenance finishes and contemporary features to ensure long-term value and minimal upkeep. With a gross rental income of $12,990/month and a strong 10-year proforma available, this property delivers impressive financials AND stability. Whether you're expanding your portfolio or entering the market, this is a rare opportunity to invest in a growing community just 30 minutes from downtown Ottawa. This is your chance to secure a profitable, worry-free investment in one of the regions most charming and desirable towns.
Location
Province ON
County Lanark
Community 911 - Almonte
Area Lanark
Rooms
Family Room No
Basement Full, Finished
Kitchen 6
Separate Den/Office 4
Interior
Interior Features Water Heater Owned, ERV/HRV
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
View City
Roof Type Asphalt Shingle
Topography Dry,Flat
Lot Frontage 114.5
Lot Depth 109.0
Total Parking Spaces 8
Building
Building Age New
Unit Features Rec./Commun.Centre,School,Hospital
Foundation Poured Concrete
Listed by ROYAL LEPAGE TEAM REALTY ADAM MILLS
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