$6,500,000
322 Honeyborne Street, Mississippi Mills, ON K0A 1A0
Mississippi Mills
- Square feet
- 34,207
- Type
- Investment
About this listing
Purpose-built 24-unit apartment building completed in 2020, located in the growing community of Almonte, approximately 20 minutes west of Ottawa. This modern three-storey asset features a strong and practical unit mix comprised of 17 two-bedroom units, 2 one-bedroom units, and 5 three-bedroom units, and is serviced by an elevator, making it attractive to a broad range of tenants and long-term demographic demand.Suites range from approximately 650 to 955 square feet and feature efficient, open-concept layouts. Units are finished with laminate flooring, are equipped with fridge, stove, dishwasher, and window coverings. Coinamatic's modern laundry facilities are conveniently located on every floor.From an operational standpoint, the property is designed for efficiency and ease of management. Tenants pay hydro, while the landlord pays gas heat, water, and sewer. The site offers approximately 30 parking spaces plus 5 visitor parking, with additional street parking available. Security features include controlled entry with intercom and camera-monitored common areas.As a newer construction, the property has benefited from favourable property tax treatment applicable to new multi-residential rental developments, subject to municipal tax classifications. In addition, as a post-2018 construction, the building benefits from rent control exemption, providing meaningful long-term income growth potential.Ideally situated within walking distance to grocery stores, pharmacies, restaurants, banks, parks, coffee shops, and essential services, the property benefits from Almonte's continued population growth and proximity to Ottawa's west end.A modern, scalable multifamily asset offering strong fundamentals, durable construction, and long-term stability in a supply-constrained rental market.
Property details
- Price per sqft
- $190
- Days on market
- 81 days
- Property taxes
- $51,422/yr (2025)
- Lot size
- 53.29 × 71.81 Metres
- Heating
- Gas Hot Water
- Cooling
- No
- Garage
- Outside/Surface
Payment calculator
- Mortgage amount
- $5,200,000
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
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Walkability, transit, and bike-friendliness for 322 Honeyborne Street, Mississippi Mills, ON K0A 1A0
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MLS# X12757566
Listed by EXP REALTY
On market since Feb 4, 2026
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About 322 Honeyborne Street, Mississippi Mills, ON K0A 1A0
How much is 322 Honeyborne Street, Mississippi Mills, ON K0A 1A0?
322 Honeyborne Street, Mississippi Mills, ON K0A 1A0 is listed for $6,500,000 CAD.
What type of property is 322 Honeyborne Street, Mississippi Mills, ON K0A 1A0?
322 Honeyborne Street, Mississippi Mills, ON K0A 1A0 is a Investment, 34,207 sq ft.
What neighbourhood is 322 Honeyborne Street, Mississippi Mills, ON K0A 1A0 in?
322 Honeyborne Street, Mississippi Mills, ON K0A 1A0 is in Mississippi Mills, Ontario.
Is 322 Honeyborne Street, Mississippi Mills, ON K0A 1A0 for sale or for rent?
322 Honeyborne Street, Mississippi Mills, ON K0A 1A0 is currently for sale.
What are the property taxes on 322 Honeyborne Street, Mississippi Mills, ON K0A 1A0?
The annual property taxes on 322 Honeyborne Street, Mississippi Mills, ON K0A 1A0 are approximately $51,421 CAD.
How do I book a showing for 322 Honeyborne Street, Mississippi Mills, ON K0A 1A0?
Contact Michael Mezheritsky to arrange a private showing of 322 Honeyborne Street, Mississippi Mills, ON K0A 1A0 (MLS# X12757566). You can also send a message through the contact form on this site.