187 Mill St is a 3-bedroom, 1-bathroom detached home in Essa, listed for $789,900. It has 1500-2000 sq ft of living space.
1HIGH-VISIBILITY C2-Zoned property on mill street with a 1,664 sq.
2Detached garage/workshop, deep lot & existing 3-bedroom home!
3Take your business beyond the limitations of your current workspace and explore the freedom of owning where you operate, with the added appeal of having a home just steps away.
HIGH-VISIBILITY C2-Zoned property on mill street with a 1,664 sq. FT. Detached garage/workshop, deep lot & existing 3-bedroom home! Take your business beyond the limitations of your current workspace and explore the freedom of owning where you operate, with the added appeal of having a home just steps away. Positioned along well-travelled Mill Street in the heart of Angus, 187 Mill Street occupies a 65 x 229 ft lot with excellent commercial exposure and a detached double garage/workshop offering space for equipment storage, inventory and business operations. C2 Core Commercial zoning presents potential for a variety of uses, including service shops, personal service businesses, professional offices and more. Surrounded by established businesses, shopping and restaurants, with Highway 400 accessible via County Road 90, this location puts your enterprise within an active commercial community while remaining well connected to the surrounding area. The existing 1.5-storey residence adds 1,876 sq. ft. of living space, with a generous front-facing living room, separate main-floor office or flex room, and a bright kitchen adjoining a servery equipped with commercial-grade stainless steel counters, deep prep sinks and additional refrigeration. Three upper-level bedrooms, a full bathroom and a main-floor powder room complete the home. For business owners ready to turn their next move into a long-term investment, this is an opportunity to own the space behind their ambitions and build a future on their own terms.
3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $527 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 187 Mill St
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Crawl Space, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Crawl Space · Unfinished
Lot & land
Lot size (sqft)
0.346
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
187 Mill St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14122280$789,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 187 Mill St Compares to the Essa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,881
/mo
based on the purchase price of $789,900
$157,980 cash
$631,920 financed
$532,243 total interest
Principal54%$631,920
Interest46%$532,243
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Essa
Other 2–4 bed homes for sale in Essa around $790K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings160Homes for sale here right now.
Median vs prior 90 days+4.9%Compared with Apr 30 – Jul 29, 2026: prices up.
Based on 117 sales from Jul 29 – Oct 27, 2026 (98 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 187 Mill St
How much is 187 Mill St listed for?
187 Mill St is listed at $789,900 (MLS® N14122280). Summitly updates the price as soon as the MLS® record changes.
Is $789,900 a good price for 187 Mill St?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Essa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 187 Mill St changed?
No — 187 Mill St is still listed at its original asking price of $789,900.
How many bedrooms and bathrooms does 187 Mill St have?
187 Mill St has 3 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in Essa.
How much would the monthly mortgage be on 187 Mill St?
About $3,881 a month — principal and interest on $789,900 with 20% down ($157,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 187 Mill St compare with other homes in Essa?
Its asking price of $789,900 is about 7% above the median sold price in Essa over the last 90 days, $740,000, across 117 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 187 Mill St been sold before?
Summitly has no earlier MLS® sale or lease of 187 Mill St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 187 Mill St?
187 Mill St is in Essa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 187 Mill St been on the market?
187 Mill St was listed today (October 27, 2026).
What is the price per square foot of 187 Mill St?
About $395 to $527 per square foot: the asking price of $789,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 187 Mill St have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 187 Mill St have a basement, and is it finished?
The listing describes the basement as: Crawl Space, Unfinished.
