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MLS® X13679212
Mississippi Mills, ON
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.
Inclusions
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
Broker
EXP REALTY
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Fourplex
5-7 Bridge Street Mississippi Mills
Mississippi Mills
Type
Fourplex
Basement
Separate Entrance
Parking
None (8)
Property Tax
~$6,013/yr
Heating
Baseboard
Buying Essentials
Square Feet
4250 sqft
Facing Direction
North
Parking
None (8)
Finances
List Price
$1,300,000
Price per SQFT
$306/sqft
Property Tax
~$6,013/yr
Property Specs
Property Type
Fourplex
MLS Size
4250 sqft
Basement
Separate Entrance
Living & Amenities
Heating Type
Baseboard
Features
Separate Hydro Meter
Policies & Utilities
Neighbourhood
Mississippi Mills
Listed On
Aug 15, 2026
Days on Market
Current: 84 days
Stone Fireplace
14.0 x 18.3
257 sqft
10.1 x 25.3
255 sqft
B/I Microwave, Crown Moulding, Breakfast Bar
7.7 x 16.0
123 sqft
B/I Closet
14.0 x 10.9
153 sqft
11.5 x 10.9
126 sqft
8.2 x 10.9
89 sqft
13.2 x 9.4
124 sqft
Overlook Water
12.2 x 9.3
113 sqft
3.1 x 2.2
7 sqft
11.8 x 12.1
143 sqft
11.8 x 8.0
95 sqft
8.2 x 5.8
48 sqft
11.8 x 15.9
188 sqft
4.2 x 3.5
15 sqft
Rooms
14
Listed Room Area
1,736 sqft
Source
Estimated from MLS room dimensions
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