REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jordan Pal

hello@origincollectiverealty.com +63(915) 883-4393

$1,300,000

Est. payment - /mo

7 Beds

4 Baths

Save Virtual Tour Video Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 911 - Almonte

MLS Listing ID X13679212

Style 2-Storey

Bedrooms 7

Annual Tax Amount $6,013

Tax Year 2025

Property Sub-Type Fourplex

Property Description

A rare opportunity to own a legal fourplex on the waterfront in the heart of downtown Almonte. Filled with charm and character, this distinctive property features soaring ceilings with beautiful tin and architectural details that reflect its history, creating spaces with a warmth and personality rarely found in an investment property. Fully tenanted, the building offers three 2-bedroom apartments and one 1-bedroom apartment, each with its own unique layout and character.Set directly on the Mississippi River, tenants can enjoy a waterfront patio and outdoor space while being just steps from Almonte's shops, cafés, restaurants and vibrant downtown. Five tenant parking spaces plus visitor parking are an exceptional advantage in this sought-after downtown location. Each apartment is separately metered for hydro, with tenants paying their own electricity. Unit 1 also features in-suite laundry, with owned coin-operated laundry available for the other units.The property has benefited from significant investment and improvements over the years, including renovated kitchens and bathrooms, a gas furnace installed in 2023, two owned hot water tanks in 2025, driveway resurfacing in 2025 and substantial retaining wall and shoreline work. The individual apartments have also seen thoughtful updates while retaining the character that makes this building so appealing.Whether you're looking to expand an investment portfolio or acquire a truly distinctive income property, opportunities combining four established residential units, private parking, historic character, downtown walkability and direct waterfront are exceptionally difficult to replicate. More than an income property, this is a chance to own a special piece of Almonte-generating income today while holding an irreplaceable waterfront asset for the future.

Location

Province ON

County Lanark

Area Lanark

Zoning C3

Body of Water Mississippi River

Rooms

Basement Separate Entrance

Kitchen 4

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplaces Number 1

Fireplaces Type Natural Gas

Inclusions 4 refrigerators, 4 stoves, 3 microwaves, 1 dishwasher, Unit 1 washer & dryer, common-area coin-operated washer & dryer, 2 owned hot water tanks, owned water softener. Dock

Exterior

Exterior Feature Deck, Landscaped, Porch Enclosed

Parking Features None

Pool None

Waterfront Description Dock,River Front,River Access,Motorboats Prohibited

View River, Water, Downtown, Bridge

Roof Type Tar and Gravel

Road Frontage Other

Total Parking Spaces 8

Building

Foundation Stone

Others

Virtual Tour https://youtu.be/YhsNM9eL0WM

Read Less Info

Lited by EXP REALTY

GET MORE INFORMATION

Jordan Pal

+63(915) 883-4393

CEO, Co-founder

5-7 Bridge ST Mississippi Mills, ON K0A 1A0

Jordan Pal

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION