186 Water Street, Mississippi Mills, ON

$699,900
MLS#:X13540848
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4 beds
4 baths
2500-3000 sqft
5.0 parking
Residential Freehold
Sold property - 4 Bed, 4 Bath Home at 186 Water Street Mississippi Mills ON listed at $699,900 (MLS# X13540848) - Main View
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This property was sold on July 30, 2026. Listing is for reference only.
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Added:Jul 2, 2026(121 days ago)
Updated:Jul 30, 2026(93 days ago)
Last Checked:3 minutes ago

Property Highlights

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Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Almonte. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 4 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 102.97 x 94.93 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • Ample parking with 0.0 garage spaces (5.0 total parking spaces)
  • Notable attributes: Separate Hydro Meter
  • Efficient baseboard heating via electric

Description

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CASH FLOWING 4 PLEX This well-maintained 4-unit multiplex offering strong, stable income with a 6.3% cap rate. Each unit features a functional one-bedroom layout, appealing to reliable long-term tenants, and the property is fully leased, providing immediate cash flow. Ample parking includes five spaces-one dedicated per unit plus a convenient guest spot.Ideally positioned, the property boasts scenic views of the Almonte Fairgrounds and the nearby river, adding to its tenant appeal and long-term desirability. The setting combines small-town charm with walkable access to local amenities, making it an attractive rental location.This is a turnkey investment opportunity with consistent performance, low vacancy risk, and future upside potential. Perfect for investors seeking a manageable multi-unit property in a desirable and growing community.

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Property Summary

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This fourplex located at 186 Water Street, Mississippi Mills is currently for sale and has been available for 121 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 186 Water Street, Mississippi Mills is in the Almonte neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Almonte, Mississippi Mills.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •4 well-appointed bathrooms
  • •2500-3000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Almonte, Mississippi Mills.

Target Buyer Match

Key Features

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Bedrooms
4
Bathrooms
4
Kitchens
4
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold DateJuly 30, 2026
Sold price information is available to members only
AddedJul 2, 2026 (121 days ago)
UpdatedJul 30, 2026 (93 days ago)
Last Checked3 minutes ago
Transaction TypeFor Sale
List Office NameTRU REALTY

Property Details

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Property Sub-TypeFourplex
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFull, Unfinished
Lot Size102.97 Ă— 94.93 Feet
CountyLanark
Annual Tax$4,835.98
Rental Items2 Hot water tanks
Legal DescriptionPT LT 93 SEC ANDERSON PL 6262 LANARK N RAMSAY; PT LT 94 SEC ANDERSON PL 6262 LANARK N RAMSAY AS IN RN22057 ; TOWN MISSISSIPPI MILLS

Parking & Garage

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Parking Total5.0
Parking Space5
Garage Parking0.0
Garage TypeNone

Heating & Cooling

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Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

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Property Features

None listed

Interior Features

  • Separate Hydro Meter

Security Features

  • Smoke Detector

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Mississippi Mills Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Mississippi Mills?

This property at 186 Water Street, Mississippi Mills, ON has closed. If you own a home on this street or nearby in Mississippi Mills, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 186 Water Street, Mississippi Mills, ON

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Q.What is the asking price for 186 Water Street, Mississippi Mills, ON ?

The current listing price for 186 Water Street, Mississippi Mills, ON in Almonte, Mississippi Mills is $699,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.

Q.What property type and architectural style is 186 Water Street, Mississippi Mills, ON ?

186 Water Street, Mississippi Mills, ON is a Fourplex (2-Storey) featuring a Full, Unfinished basement.

Q.What interior features are included in this home?

Interior highlights include: Separate Hydro Meter.

Q.What security features are installed at 186 Water Street, Mississippi Mills, ON ?

Security features include: Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via None.

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Location

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186 Water Street, Mississippi Mills, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Almonte, Mississippi Mills

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 186 Water Street, Mississippi Mills, ON K0A 1A0

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Almonte, Mississippi Mills Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Almonte, Mississippi Mills.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$770,015

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Almonte, Mississippi Mills

Elementary Schools

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Secondary Schools

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Almonte, Mississippi Mills Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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