5-7 Bridge Street, Mississippi Mills, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of 911 - Almonte. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,300,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 61.72 x 134 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- Efficient baseboard heating via electric
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.
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Property Summary
This fourplex located at 5-7 Bridge Street, Mississippi Mills is currently for sale and has been available on SousaSells for 0 days. This property is listed at $1,300,000 with an estimated mortgage of $4,327* per month. It has 7 beds, 4 bathrooms, and is 3500-5000 square feet. 5-7 Bridge Street, Mississippi Mills is in the 911 - Almonte neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in 911 - Almonte, Mississippi Mills.
- •7 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in 911 - Almonte, Mississippi Mills.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 5-7 Bridge Street, Mississippi Mills, ON
Q.What is the asking price for 5-7 Bridge Street, Mississippi Mills, ON ?
The current listing price for 5-7 Bridge Street, Mississippi Mills, ON in 911 - Almonte, Mississippi Mills is $1,300,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 4 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 5-7 Bridge Street, Mississippi Mills, ON ?
5-7 Bridge Street, Mississippi Mills, ON is a Fourplex (2-Storey) featuring a Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 5-7 Bridge Street, Mississippi Mills, ON K0A 1A0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississippi Mills, ON
For a property listed at $1,300,000 in Mississippi Mills, the legal minimum down payment is $260,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,475 for this transaction. As this listing is in Mississippi Mills (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.