322 Honeyborne Street
Mississippi Mills, ON
- 34,207 sqft
- Investment
- 5 days on market
Attention Investors! A purpose-built 24-unit apartment building completed in 2020, located in the growing community of Almonte, approximately 20 minutes west of Kanata and 40 minutes from downtown Ottawa. This modern three-storey asset offers a practical unit mix comprising 17 two-bedroom, 2 one-bedroom and 5 three-bedroom units, along with elevator service. Units range from approximately 650 to 955 sq. ft. and feature efficient, open-concept layouts, laminate flooring, a fridge, stove, dishwasher, ERV and window coverings. Coinamatic laundry facilities are conveniently located on every floor. Designed for efficient operation and management, tenants pay hydro while the landlord pays heat and water. The property provides approximately 30 tenant parking spaces, 5 visitor spaces and additional street parking. Other features include controlled entry, an intercom and camera-monitored common areas. Completed and first occupied in 2020, the building is not subject to Ontario's annual rent-increase guideline. Ideally situated within walking distance of shopping, restaurants, parks and essential services, the property benefits from its location in Mississippi Mills, which experienced 12% population growth between 2016 and 2021, as well as convenient access to Kanata and Ottawa. A modern multifamily investment offering strong fundamentals, durable construction and long-term income potential.
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Listing Details
- Taxes (2025)
- $51,422
- Listed
- September 14, 2026
Price History
Listing history
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Property
- Lot Size
- 159.26 x 216.48 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- Conc 11A and Honeyborne
- Zoning
- Residential Fourth Density (R4)
- Parcel Number
- 050890814
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - Over 20 Units
Included
- Inclusions
- 24 Fridges, 24 Stoves, 24 Dishwashers, HVAC Equipment, Gazebo & Picnic Table (as is)
- Exclusions
- Tenants Belongings including window coverings and any portable air conditioners
- Rental Items
- Laundry Machines - Coinamatic
Community
Postal area K0A
- Population
- 111,626
- Private dwellings
- 43,737
- Median age
- 44
- Average household size
- 2.6
- Median household income
- $115,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Mississippi Mills · last 12 months
- Median sold price
- $655,500
- Homes sold
- 215
- Median days on market
- 30
- Sale-to-list price
- 97.8%
Based on 215 recorded sales of commercial properties in Mississippi Mills over the last 12 months.
Listed by
EXP REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 34,207 sq ft
- Price per sq ft
- $188.56
- Annual property tax
- $51,422
- Tax per sq ft
- $1.50
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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