322 Honeyborne Street
911 - Almonte, Mississippi Mills, K0A 1A0
$6,450,000
Listed 36 days ago · MLS® X13778962
About this home
Attention Investors! A purpose-built 24-unit apartment building completed in 2020, located in the growing community of Almonte, approximately 20 minutes west of Kanata and 40 minutes from downtown Ottawa. This modern three-storey asset offers a practical unit mix comprising 17 two-bedroom, 2 one-bedroom and 5 three-bedroom units, along with elevator service. Units range from approximately 650 to 955 sq. ft. and feature efficient, open-concept layouts, laminate flooring, a fridge, stove, dishwasher, ERV and window coverings. Coinamatic laundry facilities are conveniently located on every floor. Designed for efficient operation and management, tenants pay hydro while the landlord pays heat and water. The property provides approximately 30 tenant parking spaces, 5 visitor spaces and additional street parking. Other features include controlled entry, an intercom and camera-monitored common areas. Completed and first occupied in 2020, the building is not subject to Ontario's annual rent-increase guideline. Ideally situated within walking distance of shopping, restaurants, parks and essential services, the property benefits from its location in Mississippi Mills, which experienced 12% population growth between 2016 and 2021, as well as convenient access to Kanata and Ottawa. A modern multifamily investment offering strong fundamentals, durable construction and long-term income potential.
Details
- Type
- Investment
- Lot
- 159.26 × 216.48 ft
- Garage
- Outside/Surface
- Property tax
- $51,422 (2025)
- Neighbourhood
- 911 - Almonte
- Municipality
- Mississippi Mills
Heating, cooling and services
- Heating
- Gas Hot Water
- Utilities
- Yes
Building and exterior
- Building area
- 34,208 Square Feet
More
- Possession
- TBD
- Cross street
- Conc 11A and Honeyborne
- Business type
- Apts - Over 20 Units
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 4 cafés and restaurants, 3 parks, 4 pharmacies. Nearest grocery: Your Independent Grocer (350 m). Nearest park: Mill Run Park (400 m).
Schools nearby
Elementary
- Holy Name of Mary Seperate School Catholic
EQAO: Gr 6 reading 89%, math 61%11 min walk - R. Tait McKenzie Public School
EQAO: Gr 6 reading 85%, math 72%11 min walk - Naismith Memorial Public School
EQAO: Gr 6 reading 91%, math 55%2.4 km
Secondary
- TR Leger School - Almonte Campus7 min walk
- Almonte District High School
EQAO: Gr 9 math 51%, literacy test 90%1.2 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K0A
- Owners / renters
- 87% / 13%
- Median household income
- $115,000
- Average age
- 42
- Children under 15
- 18%
- Homes
- 86% detached, 1% high-rise
- Commute by transit
- 1%
- Population
- 111,626
Languages spoken most at home besides English: Spanish 0.2%, Arabic 0.1%, Russian 0.1%, Mandarin 0.1%.
Safety
Crime Severity Index for Lanark County (Mississippi Mills) (OPP): 24 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
To downtown Ottawa: 43 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by EXP REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.