$2,150,000
Available - For Sale
Listing ID: X12415585
201-203 Teskey Street , Mississippi Mills, K0A 1A0, Lanark
| Exceptional Turnkey Investment Opportunity! Built in 2025 and FULLY rented, this income-producing multi-unit property offers investors a rare chance to step into a high-performing asset with zero hassle. Perfectly located in the heart of Almonte, and just steps from the Mississippi River, schools, parks, shops, and scenic trails. This semi-detached set (two buildings) features 6 modern luxury units: 2 x 3 bedroom / 2 bathroom units; 4 x 2 bedroom / 2 bathroom units; and a total of 8 parking spaces. Every suite has been thoughtfully designed with durable, low-maintenance finishes and contemporary features to ensure long-term value and minimal upkeep. With a gross rental income of $12,990/month and a strong 10-year proforma available, this property delivers impressive financials AND stability. Whether you're expanding your portfolio or entering the market, this is a rare opportunity to invest in a growing community just 30 minutes from downtown Ottawa. This is your chance to secure a profitable, worry-free investment in one of the regions most charming and desirable towns. |
| Price | $2,150,000 |
| Taxes: | $15000.00 |
| Occupancy: | Tenant |
| Address: | 201-203 Teskey Street , Mississippi Mills, K0A 1A0, Lanark |
| Directions/Cross Streets: | Norton St; Augusta St |
| Rooms: | 28 |
| Rooms +: | 14 |
| Bedrooms: | 10 |
| Bedrooms +: | 4 |
| Family Room: | F |
| Basement: | Full, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 11.78 | 13.12 | |
| Room 2 | Main | Dining Ro | 8.99 | 12.5 | |
| Room 3 | Main | Kitchen | 15.58 | 11.09 | Granite Counters, Centre Island |
| Room 4 | Main | Primary B | 13.68 | 13.09 | Walk-In Closet(s) |
| Room 5 | Main | Bedroom 2 | 10.59 | 11.58 | |
| Room 6 | Main | Bathroom | 9.09 | 5.67 | 3 Pc Ensuite |
| Room 7 | Main | Bathroom | 5.67 | 9.48 | 3 Pc Bath |
| Room 8 | Main | Laundry | 7.68 | 5.67 | |
| Room 9 | Second | Living Ro | 11.78 | 13.12 | |
| Room 10 | Second | Dining Ro | 8.99 | 12.5 | |
| Room 11 | Second | Kitchen | 15.58 | 11.09 | Granite Counters, Centre Island |
| Room 12 | Second | Primary B | 13.68 | 13.09 | Walk-In Closet(s) |
| Room 13 | Second | Bedroom 2 | 10.59 | 11.58 | |
| Room 14 | Second | Bedroom 3 | 14.6 | 8.1 | |
| Room 15 | Second | Bathroom | 9.09 | 5.67 | 3 Pc Ensuite |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Lower |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 3 | Lower |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 3 | Main |
| Washroom Type 12 | 3 | Second |
| Washroom Type 13 | 3 | Lower |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 3 | Main |
| Washroom Type 17 | 3 | Second |
| Washroom Type 18 | 3 | Lower |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 3 | Main |
| Washroom Type 22 | 3 | Second |
| Washroom Type 23 | 3 | Lower |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 3 | Main |
| Washroom Type 27 | 3 | Second |
| Washroom Type 28 | 3 | Lower |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 3 | Main |
| Washroom Type 32 | 3 | Second |
| Washroom Type 33 | 3 | Lower |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 3 | Main |
| Washroom Type 37 | 3 | Second |
| Washroom Type 38 | 3 | Lower |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 3 | Main |
| Washroom Type 42 | 3 | Second |
| Washroom Type 43 | 3 | Lower |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 | |
| Washroom Type 46 | 3 | Main |
| Washroom Type 47 | 3 | Second |
| Washroom Type 48 | 3 | Lower |
| Washroom Type 49 | 0 | |
| Washroom Type 50 | 0 | |
| Washroom Type 51 | 3 | Main |
| Washroom Type 52 | 3 | Second |
| Washroom Type 53 | 3 | Lower |
| Washroom Type 54 | 0 | |
| Washroom Type 55 | 0 | |
| Washroom Type 56 | 3 | Main |
| Washroom Type 57 | 3 | Second |
| Washroom Type 58 | 3 | Lower |
| Washroom Type 59 | 0 | |
| Washroom Type 60 | 0 | |
| Washroom Type 61 | 3 | Main |
| Washroom Type 62 | 3 | Second |
| Washroom Type 63 | 3 | Lower |
| Washroom Type 64 | 0 | |
| Washroom Type 65 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | New |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Stone, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 8 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | New |
| Approximatly Square Footage: | 5000 + |
| Property Features: | Rec./Commun., School |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
$
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Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE TEAM REALTY ADAM MILLS |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Lanark |
| Municipality: | Mississippi Mills |
| Neighbourhood: | 911 - Almonte |
| Style: | 2-Storey |
| Approximate Age: | New |
| Tax: | $15,000 |
| Beds: | 10+4 |
| Baths: | 12 |
| Fireplace: | N |
| Pool: | None |
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