$1,650,000
30 MILL STREET
Beds
—
Baths
—
Sqft
5,002
Year
—
Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mississippi Mills. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
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. (id:65958)
- Subtype
- Retail
- Structure
- Residential Commercial Mix
- Community
- 911 - Almonte
- Living area
- 5,002 square feet
- Lot dimensions
- Bldg=92 x 117 FT
- On market
- Mar 25, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $7,055 (2025)
- Zoning
- Downtown Commercial - C2
- Photos
- 5
- MLS#
- X12918526
- Area
- MISSISSIPPI_MILLS
Features and systems
Appliances
Heating
Cooling
Cash on cash
-6.36%
Cap rate
3.59%
GRM
16.7
Break-even rent
$10,092
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.