186 Water Street, Mississippi Mills, ON

Mississippi Mills, 911 - Almonte Hood
Queen and Water
4 Br | 4 Bath | 2500-3000 Sqft
$799,900 For Sale

Property Overview

  • Fourplex — 2-Storey
  • SqFt: | 2500-3000 Sqft
  • Lot Size: 102.97 x 94.93 Feet
  • Age: 51-99 Years
  • Basement: Full, Unfinished
  • Exterior: Vinyl Siding
  • Taxes: 4,836 / 2025
  • Zoning: n/a
  • MLS #: X13055398
  • Sewer: Sewer
  • Heat Source: Electric , Baseboard

Property Description

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.

4 fridges, 4 stoves,1 washer and 1 dryer, storage shed

Property Details

  • For: For Sale
  • Type: Fourplex
  • Style: 2-Storey
  • Lot: 102.97 x 94.93 Feet
  • Region: Lanark
  • Hood: 911 - Almonte
  • Zoning: n/a
  • Lot Irreg: Fronting on: South
  • Fronting On: South

Building Details

  • Age: 51-99 Years
  • Exterior: Vinyl Siding
  • Heat: Electric , Baseboard
  • A/C: None
  • Interior Features: Separate Hydro Meter
  • Pool: None
  • Sewer: Sewer
  • Garage: None
  • Total Parking: 5.00

Property Interior

  • Sqft: 2500-3000 Sqft
  • Bed: 4
  • Bath: 4
  • Kitchen: 4
  • Family Room: No
  • Basement: Full, Unfinished
Rooms Details

Living Room

Main Level

4.72 x 4.57

Dining Room

Main Level

3 x 1.45

Kitchen

Main Level

3.99 x 1.39

Bedroom

Main Level

3.21 x 3.87

Bathroom

Main Level

2.12 x 1.03

Living Room

Main Level

5.04 x 4.94

Dining Room

Main Level

3.29 x 1.52

Kitchen

Main Level

3.65 x 1.99

Bedroom

Main Level

2.98 x 3.52

Bathroom

Main Level

2.16 x 1.38

Living Room

Second Level

5.2 x 4.57

Kitchen

Second Level

1.59 x 3.96

Bedroom

Second Level

3.05 x 3.86

Bathroom

Second Level

1.99 x 1.39

Living Room

Second Level

0 x 0

Kitchen

Second Level

0 x 0

Bedroom

Second Level

0 x 0

Bathroom

Second Level

0 x 0

Laundry

Lower Level

0 x 0

Property Listed by: TRU REALTY
Virtual Tour: n/a

Home Valuation Estimate

What is 186 Water Street, Mississippi Mills, ON worth in today’s 911 - Almonte, Mississippi Mills market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 4-bedroom Fourplex with 2500-3000 sq. ft. in 911 - Almonte, Mississippi Mills. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

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Location

  • Address: 186 Water Street
  • Neighborhood: 911 - Almonte
  • Zip/Postal Code: K0A 1A0
  • Nearby Amenities:
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About 186 Water Street, Mississippi Mills, ON K0A 1A0, Mississippi Mills

Located at 186 Water Street, Mississippi Mills, ON in Mississippi Mills (911 - Almonte neighbourhood), near Queen and Water. This freehold home offers Fourplex, ["2-Storey"], 4 bedrooms, 4 bathrooms and 2500-3000 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Full, Unfinished • 5 parking spots • Garage: None • Heating: Electric Baseboard • Cooling: None. Property taxes are approximately $4,836 for 2025. 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.

FAQs for 186 Water Street, Mississippi Mills, ON , 911 - Almonte , Mississippi Mills

What are the listing details for 186 Water Street, Mississippi Mills, ON?
186 Water Street, Mississippi Mills, ON is a Fourplex for sale in Mississippi Mills, in the 911 - Almonte neighbourhood, Lanark. The current list price is $799,900. MLS number: X13055398.
How many bedrooms and bathrooms does this home have?
186 Water Street, Mississippi Mills, ON is listed as a Fourplex with a ["2-Storey"] style, featuring 4 bedroom(s) and 4 bathroom(s). The listed interior size range is 2500-3000 sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 102.97 x 94.93 Feet. The basement is listed as: Full, Unfinished. Garage type: None. Total parking: 5 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Electric, Baseboard. Cooling is listed as: None. Exterior/construction materials are listed as: Vinyl Siding.
Where is this property located?
186 Water Street, Mississippi Mills, ON is located in the 911 - Almonte neighbourhood of Mississippi Mills. The listed cross street is Queen and Water.
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $4,836 / 2025. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.