38 MAIN STREET E, Mississippi Mills

$499,900

For sale: Detached

Detached at 38 MAIN STREET E, Mississippi Mills
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 4 bathrooms
Living area
100,000 sqft
MLS®
MLS® X13604298
Neighbourhood
911 - Almonte

An amazing opportunity for someone with the time, money and imagination. The current owner had a vision and for 23 years he proceeded to restore one of the most recognizable buildings in Almonte. There is admittedly plenty of work left to be done but most of the heavy lifting has been done for you. The two apartments and two commercial units have the potential of generating significant income for the next owner. The upper floor has the potential for two more apartments. The jaw dropping architectural beams from what was the church ceiling could be centrepiece of those apartments. Underground parking could house 5-6 cars.

Sold data

Homes in Almonte — recent sold market

Homes in Almonte took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 53, across 30 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 $547,000.

Homes sold for about 1.9% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$547,000
Sale-to-list ratio
98.1%
Sold above asking
7%

Based on 30 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.

Currently for sale

Homes for sale near 38 MAIN STREET E