JUST LISTED | Investment Opportunity Stunning 6-unit investment property located in the friendly and growing community of Almonte. This exceptional multi-residential building is within walking distance to parks, recreation, downtown shopping, and restaurants, offering tenants both convenience and lifestyle appeal. Meticulously maintained and showcasing true pride of ownership, several units have been extensively renovated, with the most recent updates completed in 2022. The quality workmanship and ongoing care make this property a standout opportunity for investors seeking stability and long-term value. Property Features:6 Apartment Units, Attached Three-Car Heated Garage, Ample Additional Parking, In-Unit Laundry, All-Inclusive Rents, Excellent Tenant Retention Potential. Unit Breakdown:1 x 1 Bedroom | 1 Bathroom, 2 x 1 Bedroom + Den | 1 Bathroom, 1 x 1 Bedroom + Den | 2 Bathrooms, 1 x 2 Bedroom | 2 Bathrooms, 1 x 3 Bedroom | 3 Bathrooms. Ideally positioned in one of the Ottawa Valley's most desirable small towns, this turnkey investment offers strong rental appeal, a high standard of maintenance, and peace of mind for any savvy investor.
Address
154 Elgin Street
List Price
$1,799,000
MLS® Status
Price Change
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Mississippi Mills
Sub-Area
911 - Almonte
Region
Lanark
Lot Depth
142
Lot Type
Building
Lot Size Units
Feet
Lot Width
129
Parcel Number
050990157
Total Building Area
6000
Occupant Type
Owner+Tenant
Cross Street
Country and Elgin
MLS® Number
X13155724
Listing Brokerage
ROYAL LEPAGE TEAM REALTY
Postal Code
K0A 1A0
Posession Details
To Be Determined
Tax Amount
$15,765.00
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Baseboard
Cooling Features
Partial, Yes
Garage Type
Pay
Tax Legal Description
LOT 11 SEC ANDERSON PL 6262 LANARK N RAMSAY EXCEPT PT 1 ON 27R5296; LOT 12 SEC ANDERSON PL 6262 LANARK N RAMSAY MUNICIPALITY OF MISSISSIPPI MILLS
Sewer
Sanitary
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