$1,300,000
Est. payment $5,756/moCalculate yours
5-7 Bridge Street, Mississippi Mills, ON K0A 1A0
911 - Almonte, Mississippi Mills, ON K0A 1A0
- 7 Beds
- 4 Baths
- 3,500 Sq Ft
Listing courtesy of EXP REALTY MLS® X13679212
About this home
A rare opportunity to own a legal fourplex on the waterfront in the heart of downtown Almonte. Filled with charm and character, this distinctive property features soaring ceilings with beautiful tin and architectural details that reflect its history, creating spaces with a warmth and personality rarely found in an investment property. Fully tenanted, the building offers three 2-bedroom apartments and one 1-bedroom apartment, each with its own unique layout and character.Set directly on the Mississippi River, tenants can enjoy a waterfront patio and outdoor space while being just steps from Almonte’s shops, cafés, restaurants and vibrant downtown. Five tenant parking spaces plus visitor parking are an exceptional advantage in this sought-after downtown location. Each apartment is separately metered for hydro, with tenants paying their own electricity. Unit 1 also features in-suite laundry, with owned coin-operated laundry available for the other units.The property has benefited from significant investment and improvements over the years, including renovated kitchens and bathrooms, a gas furnace installed in 2023, two owned hot water tanks in 2025, driveway resurfacing in 2025 and substantial retaining wall and shoreline work. The individual apartments have also seen thoughtful updates while retaining the character that makes this building so appealing.Whether you’re looking to expand an investment portfolio or acquire a truly distinctive income property, opportunities combining four established residential units, private parking, historic character, downtown walkability and direct waterfront are exceptionally difficult to replicate. More than an income property, this is a chance to own a special piece of Almonte-generating income today while holding an irreplaceable waterfront asset for the future.
Property details
Overview
- Property Type
- Fourplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 7
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Separate Entrance
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Brick, Other
- Foundation
- Stone
- Roof
- Tar and Gravel
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 61.72 x 134 Feet
- Parking
- None garage · 8 total
- Zoning
- C3
Financial
- Property Taxes
- $6,013 (2025)
Location
- Neighbourhood
- 911 - Almonte
- Cross Street
- Bridge and Water Street
- Direction Faces
- North
Listing
- MLS® Number
- X13679212
- Days on Market
- 64
- Listed On
- 2026-08-15
- Possession
- xTBD
- Listed By
- EXP REALTY
Rooms
Features
Interior
- Separate Hydro Meter
Pool
- None
- Included
- 4 refrigerators, 4 stoves, 3 microwaves, 1 dishwasher, Unit 1 washer & dryer, common-area coin-operated washer & dryer, 2 owned hot water tanks, owned water softener. Dock
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$5,756 per month
- Principal and interest
- $5,756
- Property tax
- $501
- Condo fees
- $0
- Estimated monthly cost
- $6,257
Your mortgage
- Mortgage amount
- $1,040,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $686,836
Cash to close
- Down payment
- $260,000
- Land transfer tax
- $22,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $282,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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