55 Spring Street, Mississippi Mills, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of 911 - Almonte. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,200,000 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.
- 0 Bedrooms and 2 Bathrooms
- Premium 50 x 116.35 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
An exceptional opportunity to own a versatile mixed-use property in the thriving and historic community of Almonte. Ideally located just steps from the hospital and minutes from the vibrant downtown core, 55 Spring Street offers the rare combination of an established commercial pharmacy space and a charming 3-bedroom residential home - perfect for owner-operators, investors, or healthcare professionals seeking a live/work lifestyle. The commercial pharmacy component offers excellent visibility, accessibility, and proximity to the Almonte General Hospital, creating strong potential for continued healthcare-related use or expansion opportunities. With an established healthcare presence in the area and convenient access for local residents, this location is perfectly positioned for a pharmacy, medical-related business, wellness practice, or professional office. Attached or adjoining the commercial space is a well-maintained 3-bedroom home filled with warmth and functionality. Whether used as a primary residence, staff accommodation, rental income opportunity, or short/long-term investment property, the residential component adds incredible flexibility and value. Almonte continues to attract families, retirees, and professionals alike with its historic architecture, thriving local businesses, scenic riverfront, and strong sense of community. Opportunities like this are few and far between. Whether you're looking to expand your pharmacy footprint, establish a new healthcare venture, invest in a growing market, or create the perfect work/live balance - 55 Spring Street delivers exceptional potential.
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Pricing & Value Insights
Data-driven valuation for 55 Spring Street, Mississippi Mills, ON K0A 1A0
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About Purchasing a Home in Mississippi Mills, ON
For a property listed at $1,200,000 in Mississippi Mills, the legal minimum down payment is $240,000 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 $20,475 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 $20,475.
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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.