81 Princess Street, Mississippi Mills

$549,900
81 Princess Street

$549,900

New
24d
Detached2-Storey

81 Princess Street, Mississippi Mills

Total Monthly Obligation $2,834

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
24d
Score
21
Yield
5.2%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X13840878
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-42 × 100.17 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,889.81 (2026)
Parking-2 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Metal
Foundation-Stone
Sewer-Sewer
Possession-To be arranged
Neighbourhood-911 - Almonte
Title-Residential Freehold

No agent assigned

Beautifully renovated and completely move-in ready, this turn-of-the-century home blends the warmth and character buyers love with the comfort and style of modern living - all just steps from the heart of historic Almonte. Inside, impressively high ceilings, wide plank flooring, oversized wood trim, tall baseboards, and extensive dimmable pot lighting create a bright, inviting interior that feels both timeless and refreshed. The entertainment-sized dining room offers an elegant space for gatherings, while the renovated kitchen features quartz countertops, all-new appliances, generous cabinetry, and excellent pantry storage. A sliding barn door leads to the laundry room with built-in storage and an updated powder room. At the rear of the home, the spacious family room provides a comfortable everyday living space with side mudroom access and a large walk-in storage closet. Upstairs, three bedrooms include a charming primary retreat with a walk-in closet, alongside a beautifully updated 4-piece bathroom with linen storage. Major updates provide peace of mind, including a steel roof, new furnace, new wall-mounted gas heater, and new central air. A separate rear storage garage offers excellent space for tools, bikes, seasonal equipment, or hobby storage. Located just a short walk from Almonte's historic downtown, cafés, boutiques, restaurants, schools, and scenic trail system, this is an opportunity to enjoy small-town living in one of Ontario's most celebrated communities.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,834/mo
Mortgage $2,218
Monthly Loss $2,250
Principal$584
Interest$1,634
Property Tax$241
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,800/yr
NOI
$18,530/yr
Net Cash Flow
-$674/mo
Cash Margin
-28.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
28.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 81 Princess Street

Time

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