322 Honeyborne Street S
912 - Mississippi Mills (Ramsay) Twp
Lanark
K0A 1A0
$7,100,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12132502
- Bus Major:
- Apts - Over 20 Units
- Photos (11)
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This property is just 5 years old and located in the thriving community of Almonte just 20 minutes west of Kanata. Easy walking distance to drug stores, hardware store, grocery store, restaurant, bank, park, church and coffee shops. Zero vacancies in 5 years and people waiting to get in. Huge benefit for new ownership is the reduced property tax rate and rent control exemption. Town of Almopnte is still growing at a record rate creating even more demand on the rental market. Washer and dryer located on each level.
- Percent of Building:
- 100
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Approx. Age:
- 0-5
- Total Area:
- 21630 sq. ft. Square Feet
- Total Area:
- 21,630 sq. ft.2,009 m2
- Depth:
- 69'4"21.1 m
- Frontage:
- 53'1¼"16.2 m
- Water supply:
- Municipal
- Soil Test:
- No
- Zoning:
- Residential Fourth Density (R4)
- Heating type:
- Gas Hot Water
- Garage:
- Outside/Surface
- Parking Spaces:
- 38
- Trailer Parking Spots:
- 0
- HST Applicable To Sale Price:
- Not Subject to HST
- Assessment Year:
- 2024
- Development Charges Paid:
- No
- Type Taxes:
- Annual
- Taxes:
- $47,633 / 2024
- Assessment:
- $- / 2024
- Mississippi Mills
- 912 - Mississippi Mills (Ramsay) Twp
- Lanark
- No
- None
- Fridge, stove and dishwasher in all rental units (as is)
- Tenant items including window coverings and any portable air conditioners
- Public
- UFFI:
- No
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- No
- Seller Property Info Statement:
- Yes
- Physically Handicapped-Equipped:
- Yes
- Financial Statements:
- Yes
- Gross income:
- $460,839
- Expenses Actual/Estimated:
- Actual
- Heating Expenses:
- $6,682.77
- Hydro Expenses:
- $3,520
- Insurance Expenses:
- $12,757
- Management Expenses:
- $15,600
- Tax Expenses:
- $49,498.72
- Operating Expenses:
- $160,718.49
- Other Expenses:
- $27,000
- Water Expenses:
- $18,503
- Year Expenses:
- 1995
- Maintenace Expenses:
- $12,534
- Vacancy Allowance:
- 0
- Property Management Company:
- Self Managed
- Major Business Type:
- Apts - Over 20 Units
- Category:
- Apartment
- Franchise:
- No
- Chattels:
- Yes
- Outside Storage:
- No
- Date Listed:
- May 08, 2025
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Listed by EXP REALTY
Data was last updated May 8, 2025 at 06:15 AM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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