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Home ON Lanark County Mississippi Mills
201-203 TESKEY STREET
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201-203 TESKEY STREET $2,150,000
$2,150,000
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201-203 TESKEY STREET
Mississippi Mills, Ontario K0A1A0

MLS® Number: X12415585
10 + 4
Bedrooms
12
Bathrooms
5000 - 100000
Square Feet

Listing Description

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. (41304190)

Location Description

Cross Streets: Norton St; Augusta St. ** Directions: From Mercer St; Left onto Augusta St; Right onto Norton St.

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
5000 - 100000 sqft
Community Name
911 - Almonte
Land Size
114.5 x 109 FT
Age Of Building
New building
Annual Property Taxes
$15,000
Parking Type
No Garage
Time on REALTOR.ca
87 days

Building

Bedrooms
Above Grade
10
Below Grade
4
Bathrooms
Total
12
Interior Features
Appliances Included
Water Heater, Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Type
Full (Finished)
Building Features
Features
Flat site, Dry
Foundation Type
Poured Concrete
Rental Equipment
None
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Stone, Vinyl siding
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Schools, Hospital
Parking
Parking Type
No Garage
Total Parking Spaces
8

Measurements

Square Footage
5000 - 100000 sqft

Rooms

MetricImperial
Main level
Living room
Dining room
Kitchen
Primary Bedroom
Bedroom 2
Bathroom
Bathroom
Laundry room
Second level
Kitchen
Primary Bedroom
Bedroom 2
Bedroom 3
Bathroom
Bathroom
Laundry room
Living room
Dining room
Lower level
Living room
Dining room
Kitchen
Primary Bedroom
Bedroom 2
Bathroom
Bathroom
Laundry room

Land

Lot Features
Frontage
114 ft ,6 in
Land Depth
109 ft
View
City view
Other Property Information
Zoning Description
R1
Data provided by: Ottawa Real Estate Board
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