186 WATER STREET, Mississippi Mills
CASH FLOWING 4 PLEX This well-maintained 4-unit multiplex offering strong, stable income with a 6.3% cap rate. Each unit features a functional one-bedroom layout, appealing to reliable long-term tenants, and the property is fully leased, providing immediate cash flow. Ample parking includes five spaces-one dedicated per unit plus a convenient guest spot.Ideally positioned, the property boasts scenic views of the Almonte Fairgrounds and the nearby river, adding to its tenant appeal and long-term desirability. The setting combines small-town charm with walkable access to local amenities, making it an attractive rental location.This is a turnkey investment opportunity with consistent performance, low vacancy risk, and future upside potential. Perfect for investors seeking a manageable multi-unit property in a desirable and growing community. (id:25961)
Schedule a Tour
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Second Level | Living Room | 5.2 m x 4.57 m |
| Second Level | Kitchen | 1.59 m x 3.96 m |
| Second Level | Bedroom | 3.05 m x 3.86 m |
| Second Level | Bathroom | 1.99 m x 1.39 m |
| Second Level | Living Room | Measurements not available |
| Second Level | Kitchen | Measurements not available |
| Second Level | Bedroom | Measurements not available |
| Second Level | Bathroom | Measurements not available |
| Lower Level | Laundry Room | Measurements not available |
| Main Level | Living Room | 4.72 m x 4.57 m |
| Main Level | Dining Room | 3 m x 1.45 m |
| Main Level | Kitchen | 3.99 m x 1.39 m |
| Main Level | Bedroom | 3.21 m x 3.87 m |
| Main Level | Bathroom | 2.12 m x 1.03 m |
| Main Level | Living Room | 5.04 m x 4.94 m |
| Main Level | Dining Room | 3.29 m x 1.52 m |
| Main Level | Kitchen | 3.65 m x 1.99 m |
| Main Level | Bedroom | 2.98 m x 3.52 m |
| Main Level | Bathroom | 2.16 m x 1.38 m |
Details
- Equipment: Water Heater
- Features: Irregular lot size
- Parking Spaces: 5
- Rental Equipment: Water Heater
- Transaction: For sale
- View: River view
- Zoning Description: R2
Building
- Amenities: Separate Electricity Meters
- Appliances: Dryer, Storage Shed, Stove, Washer, Refrigerator
- BasementType: Full (Unfinished)
- Basement Development: Unfinished
- Bedrooms Main Level: 4
- Cooling: None
- Exterior Finish: Vinyl siding
- Fireplace Present: False
- Fire Protection: Smoke Detectors
- Foundation: Concrete
- Bathrooms (Total): 4
- Heating: Baseboard heaters
- Heating Fuel: Electric
- Size Interior: 2500 - 3000 sqft
- Stories Total: 2
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 94 ft ,10 in
- Size Frontage: 103 ft
- Size Irregular: 103 x 94.9 FT
This property for sale is located at 186 WATER STREET in Almonte. It was last modified on June 12th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Almonte properties for sale.
Listing provided by TRU REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.
Discover life in Almonte
Come explore Almonte and see why it could be the perfect place for your next home. If you want to know more about what Almonte has to offer, reach out to one of our local REALTORS® who knows the area well.
Make an Offer
Request an In-house Showing
Mortgage Calculator
Land Transfer Calculator
Request More Information
Let us find a Property to Match your Lifestyle
Schedule an In-house Tour
Are you not already working with an agent? If you are not working with an agent, schedule a private viewing with one of our real estate agents.