5-7 Bridge Street
Mississippi Mills, ON
- 7 bed
- 4 bath
- approx. 3500-5000 sqft
- Fourplex
- 34 days on market
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $6,013
- Listed
- August 15, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick, Other
- Roof
- Tar and Gravel
- Foundation
- Stone
- Interior
- Separate Hydro Meter
- Lot Size
- 61.72 x 134 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 8
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Bridge and Water Street
- Zoning
- C3
- Parcel Number
- 052950029
- Possession
- Flexible
- Occupancy
- Tenant
Included
- 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
- Rental Items
- None
Waterfront
- Water Body
- Mississippi River
- Shoreline
- Unknown
- Docking
- Private
Schools
Elementary
- Naismith Memorial Public School0.6 km
Public · Upper Canada DSB · 335 students
Grade 3 reading: 66% met the provincial standard · Grade 6 math: 55% met the provincial standard
- Almonte Intermediate School0.9 km
Public · Upper Canada DSB · 200 students
- Holy Name of Mary Separate School1.2 km
Catholic · CDSB of Eastern Ontario · 375 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 61% met the provincial standard
Secondary
- Almonte District High School0.9 km
Public · Upper Canada DSB · 380 students
Grade 10 literacy: 90% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K0A
- Population
- 111,626
- Private dwellings
- 43,737
- Median age
- 44
- Average household size
- 2.6
- Median household income
- $115,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Mississippi Mills · last 12 months
- Median sold price
- $655,500
- Homes sold
- 215
- Median days on market
- 30
- Sale-to-list price
- 97.8%
Based on 215 recorded sales of residential freehold properties in Mississippi Mills over the last 12 months.
Rooms
4 × 3-piece
Ground
- Bathroom8'2" x 10'11"
- Bathroom8'2" x 5'10"
- Bedroom14' x 10'11"
- Bedroom11'10" x 15'11"
- Bedroom 211'6" x 10'11"
- Dining Room10'1" x 25'4"
- Family Room14' x 18'4"
- Kitchen7'8" x 16'
- Kitchen11'10" x 8'
- Laundry
- Laundry4'2" x 3'6"
- Living Room11'10" x 12'1"
- Other12'2" x 9'3"
- Sunroom13'2" x 9'5"
Basement
- Other11'10" x 42'7"
- Other
- Other14'5" x 9'3"
Listed by
EXP REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$260,000
Estimated Monthly Payment
$6,387
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,387/mo (20% down, 5.5%)
Taxes: $501/mo · Insurance: $325/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions retaining wall. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?