LiveMLS X13540848Buy & hold

186 WATER STREET · Fourplex

Mississippi Mills, ON · Fourplex · 4 units

$699,900listed

Workable offer

RentCapPrice/door

Locked, not loading — the underwrite opens with a trial or an account.

Score

DSCR

Cash to close

All-in with reserves

Sign in for the underwriteA licensed broker reads it and replies by email, usually within a business day.View on Realtor.ca

What this listing is

186 WATER STREET is a 4-unit fourplex in Mississippi Mills, ON, asking $699,900 — $174,975 per door.

At 4 units this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.

Asking price: $699,900
Units: 4 units
Property type: Fourplex
Location: Mississippi Mills, ON
Price per door: $174,975

The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the offer band this desk would actually bid — opens with a free account.