Mirna Botros

613-600-2626

322 Honeyborne Street - $6,450,000

322 Honeyborne Street

$6,450,000

911 - Almonte

Mississippi Mills, OntarioK0A1A0

0 beds

0 baths

null parking

MLS#: X13778962Listed: about 3 hours agoUpdated:about 3 hours ago

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. (id:58075)

Details

Details for 322 Honeyborne Street, Mississippi Mills, Ontario

Property Type: Multi Family
Building Type: Multi Family
Storeys: -
Neighborhood: 911 - Almonte
Land Size: Bldg=159.26 x 216.48 FT
Year Built: -
Annual Property Taxes: $51,422
Parking Type: -

Inside

Appliances: Dishwasher
Rooms: -
Bedrooms: -
Bathrooms: 0
Fireplace: -
Fireplace Total: -
Basement: -

Building

Architecture Style: -
Direction: Cross Streets: Conc 11A and Honeyborne. ** Directions: From Ottawa, West on Hwy49 to Almonte, right on Conc 11A and left onto Honeyborne.
Type of Dwelling: multi_family
Roof: -
Exterior: -
Foundation: -
Flooring: -