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$1.8M total
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Asset Class
Land
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
90%
An exceptional 82-acre sanctuary in Almonte's peaceful countryside, offering a rare live-work opportunity centered around a gorgeous, beautifully updated Mediterranean-inspired home featuring 4 bedrooms and 4 bathrooms. Designed for elevated living, the home includes a chef-style kitchen, a bright breakfast area, and a striking living room highlighted by a cozy fireplace. Additional living spaces include a stunning formal dining room complemented by a covered patio with elegant wrought-iron gates, a sun-drenched sunroom with soaring ceilings, a private library, a convenient laundry room, and a lavish primary suite with a spa-like ensuite and custom deck framed by endless, serene views of your private acreage. Generously sized secondary bedrooms, a dedicated office and well-appointed bathrooms complete the home. Set within this remarkable property is Whitehouse Nursery & Display Gardens, a well-known Ottawa Valley destination established in 1987. Over four decades, extensive mature display gardens, specialty plant collections, and a colourful daylily field have created a setting that draws visitors for inspiration, education, and the experience of the gardens themselves. The property is home to an established horticultural business with a loyal customer base, a strong reputation, and the infrastructure to continue or expand nursery operations. Its annual Bloomfest Garden Art Show has also demonstrated the potential of the gardens as a destination, bringing together spectacular summer displays and the work of local artists. For a new owner, the possibilities extend beyond horticulture. These exceptional gardens and picturesque rural surroundings could provide a beautiful setting for photography, workshops, garden tours, art and artisanal events, or other creative ventures. This is a unique opportunity to build upon a destination that has taken four decades to create. (id:66811)
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Monthly debt service
$8K
Projected NOI
$73K
Annual cash flow
$-27K
Cash-on-cash
-5.02%
DSCR
0.73
Going-in cap
4.04%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
89,299
Households
36,549
Median income
$96,500
Median age
32
Daytime population
98,070
5-yr growth
0.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 594 RAE ROAD, Mississippi Mills.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.