5-7 Bridge Street
911 - Almonte, Mississippi Mills, K0A 1A0
FOR SALE
$1,300,000
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7
BEDROOMS 4
BATHROOMS 4
KITCHENS 24
ROOMS X13679212
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Property Description
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.
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Property Features
Separate Hydro Meter, Reserved/Assigned, Natural Gas, Dock, River Front, River Access, Motorboats Prohibited
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Property Details
Address
5-7 Bridge Street
Community
Postal Code
K0A 1A0
Property Type
Fourplex, Fourplex
Zoning
C3
Lot Size
62' x 134'
Taxes
$6,013 (2025
Basement
Separate Entrance
Exterior
Deck, Landscaped, Porch Enclosed
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
8
Garage Type
None
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Listing contracted with Exp Realty
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