04/20/2026
PRICE REDUCTION – 24 UNITS IN ALMONTE - ON
New price: $6,500,000
This one just got more interesting.
Updated numbers:
• NOI: $304,566
• Cap Rate: 4.69%
But the real story here isn’t just the numbers…
While vacancy rates across the country continue to rise, Almonte remains a supply-constrained market with consistently strong rental demand and very limited availability.
This building, along with four neighbouring sister properties, has been consistently full. No downtime, no leasing issues, just steady demand in a market that continues to outperform.
• Purpose-built, 2020 construction
• 24 units with strong unit mix
• No rent control → continued upside on turnover
• Clean, efficient operation
And for those thinking bigger…
There is a potential opportunity to acquire multiple buildings as a portfolio, creating immediate scale in a market where supply simply hasn’t kept up.
In a market where most deals are being underwritten with vacancy assumptions… this is one where you don’t need to.
Reach out if you want to go through the numbers or discuss the portfolio angle.
MLS # X12757566
Edmundo Roa
Sales Representative
Capital Homes Team
eXp Realty Inc.
www.soldbyroa.ca
www.edmundoroa.ca
[email protected]