$799,900
For sale: Multiplex

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.
Sold data
Homes in Mississippi Mills took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 62, across 54 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $634,450.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 54 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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