5-7 Bridge Street,Mississippi Mills, ON K0A1A0
Mississippi Mills, ON K0A1A0
Description
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. (id:13843)
Details
| MLS # | X13679212 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 80 |
| Listing Provided By | EXP REALTY | Tatiana Barr |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | C3 |
| Water Front | Yes |
| Property View | River view, View of water, Direct |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Forced air, Electric, Natural gas |
| Appliances | Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Microwave, Water Heater |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
Exterior
| Lot Features | Irregular lot size |
|---|---|
| Foundation Details | Stone |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 8 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 6013 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Mississippi Mills |
| Postal Code | K0A1A0 |
| Listing VS Median (in K0A1A0) | |
Price: $1,300,000 low | high Med: $639,900 sqft: 3,500 low | high Med: 1,550 $ / sqft: $371 low | high Med: $451 On site: 80 low | high Med: 89.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Mississippi Mills |
| Postal Code | K0A1A0 |
| Listing VS Median (in K0A1A0) | |
Price: $1,300,000 low | high Med: $639,900 sqft: 3,500 low | high Med: 1,550 $ / sqft: $371 low | high Med: $451 On site: 80 low | high Med: 89.5 | |
