5-7 Bridge Street, Mississippi Mills, ON K0A 1A0
911 - Almonte, Mississippi Mills · Near Bridge and Water Street · View map
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.
The home
- Type
- Waterfront cottage
- Style
- 2-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 7
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 24
- Basement
- Separate Entrance
- Lot size
- 61.7 x 134 ft
- Faces
- North
- View
- River, Water, Downtown, Bridge
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 8
- Total parking
- 8
- Parking features
- Reserved/Assigned
Taxes & other
- Property taxes
- $6,013/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- xTBD
- Cross street
- Bridge and Water Street
- Neighbourhood
- 911 - Almonte
More
- Price per sq ft
- ~$306 (at 4,250 sq ft)
- MLS® number
- X13679212
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The home and its surroundings
- Separate Hydro Meter
- Deck
- Landscaped
- Porch Enclosed
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
5-7 Bridge Street, Mississippi Mills, ON K0A 1A0
911 - Almonte, Mississippi Mills · Near Bridge and Water Street
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Listing history for 5-7 Bridge Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Similar cottages nearby
More cottages for sale near 911 - Almonte, picked by style, size and price.
Waterfront cottage$1,349,9004802 County Road 29 Road, Mississippi Mills3+1 bed · 3 bath · 912 - Mississippi Mills (Ramsay) TwpCourtesy of: EXP REALTYView home →
Waterfront cottage$1,200,0001453 Blakeney Road, Mississippi Mills3 bed · 2 bath · 918 - Mississippi Mills - PakenhamCourtesy of: PAUL RUSHFORTH REAL ESTATE INC.View home →Frequently asked questions about 5-7 Bridge Street
Answers come straight from this home’s MLS® listing.
How much is 5-7 Bridge Street listed for, and what would it cost each month?
5-7 Bridge Street is listed for $1,300,000. With 20% down ($260,000), the mortgage payment would be roughly $5,244 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,745 a month, all in. That figure is an illustration, not a quote.
Is 5-7 Bridge Street freehold or a condo, and is there a monthly fee?
5-7 Bridge Street is a waterfront cottage in 911 - Almonte, Mississippi Mills. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 5-7 Bridge Street have?
5-7 Bridge Street has 7 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 5-7 Bridge Street have a garage and parking?
The listing does not show a garage. The driveway adds 8 spaces. In total the listing counts 8 parking spaces.
Does 5-7 Bridge Street have a finished basement?
The listing describes the basement as separate entrance. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 5-7 Bridge Street?
5-7 Bridge Street is a waterfront cottage. A waterfront cottage has its own shoreline on a lake, river or bay, so the frontage, the shoreline and the way it faces matter as much as the building.
How big is 5-7 Bridge Street, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 61.7 x 134 ft.
How is 5-7 Bridge Street heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 5-7 Bridge Street?
Property taxes are $6,013 a year (2025), or about $501 a month.
Where is 5-7 Bridge Street?
5-7 Bridge Street is in the 911 - Almonte community of Mississippi Mills. The nearest main intersection is Bridge and Water Street. The postal code is K0A 1A0.
Is 5-7 Bridge Street still for sale?
Yes. It is an active listing (MLS® X13679212). Listings here update from the board through the day and come down once a home sells.
What are similar cottages near 5-7 Bridge Street asking?
Similar cottages for sale nearby right now include 4802 County Road 29 Road at $1,349,900 (3+1 bed) and 1453 Blakeney Road at $1,200,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5-7 Bridge Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 5-7 Bridge Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: EXP REALTY
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.