7 Bedrooms

4 Bathrooms

3,500 - 5,000 sqft Interior

8 Parking spaces

61.7 X 134 Ft Lot size

1 day ago Listed

Virtual tour Fireplace None Baseboard Heaters, Forced Air Waterfront On River Landscaped

About this home

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:28469)

Virtual tour

More photos

Facts & features

Property

MLS® Number: X13679212
Property Type: Multi-family
Community Name: 911 - Almonte
Easement: Easement, Other, Environment Protected
Features: Irregular Lot Size
Parking Space Total: 8
Structure: Deck, Porch, Dock
View Type: River View, View Of Water, Direct Water View
Water Front Name: Mississippi River
Water Front Type: Waterfront On River

Building

Bathroom Total: 4
Bedrooms Above Ground: 7
Bedrooms Total: 7
Amenities: Fireplace(s), Separate Electricity Meters
Appliances: Dishwasher, Dryer, Water Heater, Microwave, Stove, Washer, Water Softener, Refrigerator
Basement Features: Separate Entrance
Basement Type: N/a
Cooling Type: None
Exterior Finish: Brick
Fireplace Present: Yes
Fireplace Total: 1
Foundation Type: Stone
Heating Fuel: Electric, Natural Gas
Heating Type: Baseboard Heaters, Forced Air
Stories Total: 2
Size Interior: 3,500 - 5,000 Sqft
Type: Fourplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Access Type: Private Docking
Acreage: No
Landscape Features: Landscaped
Sewer: Sanitary Sewer
Size Depth: 134 Ft
Size Frontage: 61 Ft ,8 In
Size Irregular: 61.7 X 134 Ft
Size Total Text: 61.7 X 134 Ft
Zoning Description: C3

The Almonte market

45 Active listings

$549,900 Median asking price

136% above median This home

28 days Avg. time on market

Browse all Almonte listings →

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $5,756/mo
Ontario land transfer tax: $22,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Rooms

Ground Level

Family Room 4.27 m x 5.59 m
Kitchen 3.61 m x 2.44 m
Bathroom 2.49 m x 1.78 m
Bedroom 3.61 m x 4.85 m
Laundry Room 1.27 m x 1.07 m
Dining Room 3.07 m x 7.72 m
Kitchen 2.34 m x 4.88 m
Bedroom 4.27 m x 3.33 m
Bedroom 2 3.51 m x 3.33 m
Bathroom 2.49 m x 3.33 m
Sunroom 4.01 m x 2.87 m
Other 3.71 m x 2.82 m
Laundry Room 0.94 m x 0.66 m
Living Room 3.61 m x 3.68 m

Location

5-7 Bridge Street, Mississippi Mills, Ontario K0A 1A0 · Get directions

5-7 Bridge Street