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Investment signal

$6,250,000

36 MAIN STREET E

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Type

Multi-family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mississippi Mills. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Modern luxury meets unbeatable location with this prime investment opportunity in vibrant downtown Mississippi Mills / Almonte! This stunning 2024-built property boasts 13 tastefully designed units offering modern finishes, high ceilings, and beautiful views overlooking the Mississippi River and the charming heritage architecture of downtown Almonte. 9 townhomes each feature 3 bedrooms, 2 bathrooms (including double sinks in the master bathroom), and fully finished basements with washer/dryer hook-ups. 4-unit apartment building features 3 x 2 bedroom units and 1 x 1 bedroom unit. Prime downtown location places your tenants within walking distance of everything they need. Almonte General Hospital, major shopping centers, grocery stores, and popular event centers are all just steps away. Additionally, the property directly abuts the Ottawa Valley Rail Trail, a multi-use pathway perfect for cyclists, walkers, and outdoor enthusiasts. (id:65958)

Subtype: Multi-family
Structure: Multi-Family
Community: 911 - Almonte
Living area: 1
Lot size: 0.95 acres
Lot dimensions: 0.95
On market: Apr 21, 2026
Status changed: Apr 24, 2026
Annual tax: $26,443 (2025)
Zoning: R2
Photos: 16
MLS#: X13026974
Area: MISSISSIPPI_MILLS

Features and systems

Appliances

Dishwasher

Heating

Radiant heatOther

Cooling

Fully air conditioned

Negative cash flow ~$6,404/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.15%

Cap rate

3.63%

GRM

16.7

Break-even rent

$37,991

Financing

Down payment$1,250,000

Loan amount$5,000,000

Mortgage$25,334/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,865

Insurance$80

Maintenance$5,208

CapEx reserve$2,604

Vacancy loss$1,563

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $25,334/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.