How much is 287 Water St listed for?

287 Water St is listed at $440,000 (MLS® X13668836). Summitly updates the price as soon as the MLS® record changes.

Is $440,000 a good price for 287 Water St?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Mississippi Mills. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out.

Has the price of 287 Water St changed?

Yes — it was first listed at $449,000 and is now $440,000, a drop of $9,000 (2.0%).

How many bedrooms and bathrooms does 287 Water St have?

287 Water St has 4 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Mississippi Mills.

How much would the monthly mortgage be on 287 Water St?

About $2,162 a month — principal and interest on $440,000 with 20% down ($88,000), 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 287 Water St compare with other homes in Mississippi Mills?

Its asking price of $440,000 is about 34% below the median sold price in Mississippi Mills over the last 90 days, $665,000, across 92 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 287 Water St been sold before?

Summitly has no earlier MLS® sale or lease of 287 Water St on record from the last two years. Older records aren't shown under TRREB rules.

Where is 287 Water St?

287 Water St is in Mississippi Mills, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 287 Water St been on the market?

70 days — 287 Water St was listed on August 12, 2026.

What is the price per square foot of 287 Water St?

About $293 to $400 per square foot: the asking price of $440,000 over the 1,100–1,500 sq ft the listing gives as its size range.

Does 287 Water St have parking or a garage?

Yes — the listing gives 2 parking spaces.

Does 287 Water St have a basement, and is it finished?

The listing describes the basement as: Crawl Space.

For saleExcellent Deal

DetachedOn market 70 daysPrice drop · $9,000 off (-2.0%)

287 Water St, Mississippi Mills

Name: 287 Water Street
SKU: X13668836
Price: 440000 CAD
Availability: InStock

Mississippi Mills, ON · · MLS® X13668836Updated October 16, 2026

$440,000Est. $2,162/mo mortgage

Bedrooms: 4
Bathrooms: 2
Living space: 1100–1500sq ft
Parking spaces: 2

Type Detached
Basement Crawl Space

What you should know

287 Water St is a 4-bedroom, 2-bathroom detached home in Mississippi Mills, listed for $440,000. It has 1100-1500 sq ft of living space.

Lots of curb appeal with the newly finished exterior vinyl siding, metal roof, front entry and wood fencing.
The primary bedroom is located off the main foyer and comes complete with a walk-in closet and ensuite bath/laundry.
Moving on to the the small but efficient kitchen, you will find stainless steel appliances and granite counters as well as a room for a breakfast table.

Ask Zara:

4 Bed, 2 Bath Detached Home in Mississippi Mills

About 287 Water Street

This no exit street brings you to a quiet part of town within walking distance to the shops and restaurants of Almonte's heritage downtown core, not to mention steps away from Almonte Fair, the North Lanark Highland Games and other cultural festivities at the Agricultural Grounds. Lots of curb appeal with the newly finished exterior vinyl siding, metal roof, front entry and wood fencing. Step inside where modern style meets vintage character. The primary bedroom is located off the main foyer and comes complete with a walk-in closet and ensuite bath/laundry. This room could also function as a dining room if more family space is required on this level. The walk-in closet could easily function as a butler's pantry or just more storage. Moving on to the the small but efficient kitchen, you will find stainless steel appliances and granite counters as well as a room for a breakfast table. To the rear of the house is the family room accessed from the kitchen as well as a convenient side door through the enclosed porch from outside. The family room also features a patio door leading out to the 12' x 8' deck which in turn overlooks the fully fenced large back yard. Upstairs you will find 3 generous size bedrooms and a 4 pc bath.

4 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $400 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 287 Water St

Every detail from the listing, in one place.

Type: Detached
Style: 1 1/2 Storey
Living space: 1100-1500 sq ftas stated on the listing
Parking: 2 spaces
Basement: Crawl Space

Features & systems

Parking & garage

Parking spaces: 2

Interior

Basement: Crawl Space

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 1 1/2 Storey
Property class: Detached

287 Water St Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13668836−$9,000 (2.0%)$440,000
Aug 12, 2026For saleListedThis listingMLS® X13668836$449,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 287 Water St Compares to the Mississippi Mills Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 151 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Mississippi Mills market, last 90 days

Median sold price: $665,000
Average sold price: $694,175
Average days on market: 34
Homes sold: 92

Closed sales on the TRREB MLS®.

Full Mississippi Mills market report

Recently sold nearby in Mississippi Mills

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home287 Water Street 4 bd · 2 ba · 1,100 sqft	$440,000asking	$400	—	—
1202 Ramsay Concession 8 Road 3 bd · 2 ba · 2,000 sqft
5 Clay Street 3 bd · 2 ba · 1,500 sqft
13 Evelyn Street 4 bd · 2 ba · 1,500 sqft
45 Carleton Street 3 bd · 1 ba · 1,100 sqft
18 GALE Street 3 bd · 1 ba · 1,500 sqft
120 Vaughan Street 3 bd · 2 ba · 1,500 sqft

1202 Ramsay Concession 8 Road
3 bd · 2 ba · 2,000 sqft
5 Clay Street
3 bd · 2 ba · 1,500 sqft
13 Evelyn Street
4 bd · 2 ba · 1,500 sqft
45 Carleton Street
3 bd · 1 ba · 1,100 sqft
18 GALE Street
3 bd · 1 ba · 1,500 sqft
120 Vaughan Street
3 bd · 2 ba · 1,500 sqft

Living in Mississippi Mills: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 287 Water St. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 287 Water St

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,162; 20% down · 25 years · 5.5% assumed
Property tax: $242; 0.66% mill rate · ON
Total per month: $2,404; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,162

/mo

based on the purchase price of $440,000

Down payment20%

$88,000 cash

Amortization25 yr

$352,000 financed

Rate5.50%

$296,476 total interest

Principal54%$352,000

Interest46%$296,476

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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Listing brokerage: ROYAL LEPAGE TEAM REALTY, BrokerageMLS® X13668836 · Listing data last updated October 16, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Aug 11· $400/sq ft

Estimated monthly mortgage$2,162/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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287 Water St, Mississippi Mills

What you should know