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$750,000
Mississippi Mills
106 Renfrew Street South, Mississippi Mills, Ontario, K0A2X0
This multi-family property in Mississippi Mills is for sale offering roughly 2,250 sq ft of space. It has been on the market 83 days, fresher than the Mississippi Mills average of 103 days.
What a great investment opportunity in the charming village of Pakenham. This historic building has seen many uses over it's 126 years and now it's a stunning duplex featuring 2, 2 bedroom apartments. Just recently and extensively renovated over the course of 2025 and 2026, each unit features open concept kitchen, dining and living rooms with electric fireplaces. The appliance package for each unit includes 4 stainless steel Frigidaire Gallery series kitchen appliances and an Electrolux laundry tower. Apt. 1 houses 2 bedrooms and 1 bath, with the primary bedroom having a large walk-in closet. Apt. 2 has 2 bedrooms and 2 bathrooms. Both units have lots of closet and storage space. Other updates include new gas furnace and a/c for Apt 1, new heat pump and mini splits for Apt 2 as well as high efficiency baseboard heaters in Apt 2 which are seldom if ever used. In addition, there is also a gas fired tankless hot water heater serving both apartments. Apt. 2 is currently leased for $2800.00/mo. + utilities and Apt 1 is vacant making it ideal for anyone wanting to live here themselves while letting Apt. 2 pay your mortgage. Also of note are 4 off street parking spaces. The listing agent is also the Seller of this property. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 83 days on market, against an average age of 103 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed multi-family in Mississippi Mills has been listed for 83 days, which is 20 days fresher than the city average of 103. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $750,000, about 6.5× the local median household income of $115,000.
Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.