53
$1,200,000
55 Spring Street, Mississippi Mills, ON K0A 1A0
Almonte
2 ba
1,884 sf
3 months on marketMLS® X13210416
Listing courtesy of EXP REALTY
Almonte · K0A 1A0
$1,499,000
$300 / sq ft5 months on market
A rare mixed-use investment opportunity in the heart of historic downtown Almonte-one of Eastern Ontario's most resilient and sought-after small-town markets. This well-established property offers diversified income potential with a proven commercial track record and flexible residential upside. The commercial component features two long-standing tenants that anchor the property with stability and visibility. A locally trusted auto repair shop, operating successfully from this location for over 25 years, continues to serve a loyal customer base, while a retail antique store, established here for more than a decade, benefits from steady foot traffic drawn to Almonte's vibrant downtown core. Above and behind the commercial spaces are two self-contained residential units, ideal for investors seeking mixed-use cash flow. One 1-bed+den apartment and one 2-bed+den apartment provide strong rental appeal. The front apartment is currently vacant, offering immediate opportunity to secure a new tenant at market rents or to owner-occupy. Each residential unit includes a designated parking space, a valuable amenity in the downtown setting. Why invest in Almonte? Almonte is widely recognized as a high-demand, low-vacancy market driven by its historic charm, walkable downtown, and proximity to Ottawa. Often referred to as the "Friendly Town," Almonte attracts tourists, professionals, and long-term residents alike with its heritage architecture, boutique shopping, thriving arts scene, and scenic Mississippi River. Investors are drawn to Almonte for its consistent rental demand, limited commercial inventory, and strong tenant loyalty, making mixed-use properties here especially compelling. This property presents a balanced investment: established commercial income, residential rental growth potential, and a prime downtown location in a community that continues to outperform expectations. A smart addition to any investor's portfolio looking for stability today and upside tomorrow.
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$1,200,000
Almonte
Listing courtesy of EXP REALTY
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An estimate on the asking price of $1,499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CENTURY 21 SYNERGY REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.