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Kalpesh Patel (KK)

Broker
Homelife/Miracle Realty Ltd., Brokerage Independently owned and operated. 5010 Steeles Ave. west, Toronto, Nunavut M9V5C6 Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135

$1,150,000
Available - For Sale
Listing ID: X11938431
9 Houston Dr , Mississippi Mills, K0A 1A0, Ontario


Prime Commercial Investment in Almonte! Ladies and gentlemen, this is a *once-in-a-lifetime* opportunity to own a piece of commercial real estate in the heart of Almonte, and I'm telling you right now this is the kind of property you want in your portfolio. Located in a high-traffic area, this versatile retail plaza is an absolute gem for owner-occupiers and investors alike. Here's why: Immediate Rental Income - With one tenant staying, occupying one-third of the building, and another tenant about to vacate, you already have cash flow in place! The remaining vacant space can be split into two separate units or kept as one larger unit, giving you flexibility to tailor the space to your needs. Turnkey & Low Maintenance - With a 3-year-old roof and upgraded rooftop units (RTUs), this property is built to last with minimal maintenance. Its a hassle-free investment with numerous updates already done for you. Endless Potential - Whether you're looking to lease out the remaining space or move your own business in, the possibilities are wide open. You could keep it as-is, or divide it up into smaller units for even more rental income potential. The choice is yours! Location, Location, Location - In a high-traffic area, you're in the right spot for maximum exposure and consistent foot traffic. This plaza is an incredible option for any investor looking to generate income while positioning themselves in a growing community. Rare properties like this don't come around every day. This is the opportunity you've been waiting for. Don't let this slip away. Call today to book your private showing and see firsthand what makes this opportunity so special.
Price $1,150,000
Taxes: $18000.00
Tax Type: Annual
Occupancy by: Tenant
Address: 9 Houston Dr , Mississippi Mills, K0A 1A0, Ontario
Postal Code: K0A 1A0
Province/State: Ontario
Lot Size: 142.00 x 180.00 (Feet)
Directions/Cross Streets: Paterson st
Category: Highway Commercial
Building Percentage: Y
Total Area: 5775.00
Total Area Code:  Sq Ft
Retail Area: 5775
Retail Area Code: Sq Ft Divisible
Taxes Expense: $18000
Insurance Expense: $5400
Gross Income/Sales: $94275
Operating Expenses: $25400
Net Income Before Debt: $68875
Expenses Actual/Estimated: $Act
Sprinklers: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS INTEGRITY REALTY
Personal Picture
Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
 
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At a Glance:
Type: Com - Commercial/Retail
Area: Lanark
Municipality: Mississippi Mills
Neighbourhood: 911 - Almonte
Style:
Lot Size: 142.00 x 180.00(Feet)
Approximate Age:
Tax: $18,000
Maintenance Fee: $2,000
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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