36 MAIN Street East, Mississippi Mills | Image 1

36 MAIN Street East

Mississippi Mills, 911 - Almonte

  • Commercial

$7,230,000
For Sale

Added 6 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R2

  • Age: No Data

  • Taxes: 30928

  • MLS®#: X9517859

  • Days on Site: 184 Days

  • Added: Jun 18, 2024 (6 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CAPITAL COMMERCIAL INVESTMENT CORP.

Prime investment opportunity in vibrant Mississippi Mills / Almonte! Modern luxury meets unbeatable location with this stunning 2024-built investment property. Boasting 13 tastefully designed units (9 x 3-bedroom townhomes, 3 x 2-bedroom apartments, and 1 x 1-bedroom apartment) and offering modern finishes, high ceilings, and breathtaking views overlooking the Mississippi River and the charming heritage architecture of downtown Almonte. This prime downtown location places your tenants within walking distance of everything they need: Almonte General Hospital, the area's largest employer, major shopping centers, and popular downtown event centres are all just steps away. Additionally, the property directly abuts the Ottawa Valley Rail Trail, a multi-use pathway perfect for cyclists, walkers, and outdoor enthusiasts. Large windows, in-suite laundry, individually controlled heating and cooling, ample parking, and luxurious finishes will ensure happy tenants and strong rental income.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 378697

  • Area: Mississippi Mills

  • Community: 911 - Almonte

  • Availability Date: Immediate

Parking

  • Covered Parking Spaces: 20

Fees

  • Tax Year: 2023

  • Tax Legal Description: PARCEL U-1, SECTION M138 BLK U PLAN M138; SIT LT102477 PARTIALLY

  • Taxes: $30,928

  • Insurance Fee: 13000

  • Operating Fees: 66503

  • Water Fees: 7800

Land

  • Cross Street: From Highway 417 tak

  • Municipality District: Mississippi Mills

  • Parcel Number: 050970161

  • Lot Depth: 195 Feet

  • Lot Frontage: 175 Feet

  • Lot Irregularities: 1

  • Zoning: R2

Commercial Specific

  • Gross Income/Sales: 445200

7-8

Almonte Intermediate School

Elementary: Public
0.48 km
7-8

Notre Dame Catholic Separate School

Elementary: Catholic
9.86 km
JK-6

Naismith Memorial Public School

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1.09 km
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Holy Name of Mary Separate School

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1.07 km
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R Tait McKenzie Public School

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St. Gregory Catholic

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9-12

Almonte District High School

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Carleton Place High School

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Notre Dame Catholic High School

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Arnprior District High School

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West Carleton Secondary School

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T R Leger School of Adult & Continuing Secondary School

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