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For Sale · Multifamily

95 MITCHESON STREET, Mississippi Mills

95 MITCHESON STREET, Mississippi Mills, ON K0A1A0

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

97%

About this property

Heat, hydro and parking included! Welcome home to a two-storey, one-bedroom, 1.5-bath unit in a beautifully preserved century home, right in the heart of Almonte. Available furnished or unfurnished, it's ready for you to move right in with just a suitcase or bring your own furniture and make it entirely yours. Original details and old-world character give the space a warmth that newer builds can't match, while the layout offers the convenience of a full bath plus a handy powder room. Everyday living is easy with in-unit laundry, one dedicated driveway parking spot, and extra storage available in the garage for seasonal items, bikes, or anything you'd rather keep out of the way. The real showstopper is the large, private screened-in back porch, your own outdoor retreat for morning coffee, summer dinners, reading on a rainy afternoon, or unwinding at the end of the day. Steps from the school, the Ottawa Valley Rail Trail, Mill St and more! Tenant to pay water, internet, and tenant insurance. Book your viewing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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.

Area demographics

Trade area within 3 miles of the property.

Population

43,842

Households

20,565

Median income

$86,000

Median age

44.3

Daytime population

45,631

5-yr growth

4.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 95 MITCHESON STREET, Mississippi Mills.

NDA required

  • 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.