Attention investors! An exceptional opportunity to own a versatile income-producing mixed-use property in the heart of Alfred! This impressive four-unit building features three residential apartments and one established commercial unit, offering multiple streams of rental income and excellent upside potential. The residential portion consists of two spacious 2-bedroom apartments and one bachelor unit. Adding to its appeal, one of the 2-bedroom apartments has been completely renovated and is currently vacant, allowing the new owner to set their own rental rate, with an estimated rental potential of approximately $1,300/month plus heat and hydro. The commercial unit is currently occupied by the well-established Milano Pizza, providing an additional source of income and stability.Ideally situated along Highway 17, this property benefits from excellent exposure, convenient access to local amenities, schools, restaurants and everyday services, while offering easy connectivity to both Ottawa and Montreal. With an established commercial tenant secured under a renewed four-year triple-net lease, three residential units and the added opportunity to maximize rental income from the vacant renovated apartment, this property presents an outstanding investment opportunity. Boasting a true potential net capitalization rate of 10.28%, this is an attractive opportunity for investors seeking strong income potential, multiple revenue streams and long-term value in a desirable central location. Don't miss your chance to add this exceptional mixed-use investment property to your portfolio!
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $643 per square foot. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.
Inside 350 St Philippe St
Every detail from the listing, in one place.
Type
Fourplex
Style
2-Storey
Living space
700-1100 sq ftas stated on the listing
Parking
1 space
Basement
Partial Basement
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
Partial Basement
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Fourplex
350 St Philippe 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® X14160442$449,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 350 St Philippe St Compares to the Alfred and Plantagenet 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 →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$2,210
/mo
based on the purchase price of $449,900
$89,980 cash
$359,920 financed
$303,147 total interest
Principal54%$359,920
Interest46%$303,147
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 Alfred and Plantagenet
Other 4-bed homes for sale in Alfred and Plantagenet around $450K.
Average days on market50Homes sold in about 50 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings104Homes for sale here right now.
Median vs prior 90 days−13.1%Compared with May 12 – Aug 10, 2026: prices down.
Based on 60 sales from Aug 10 – Nov 8, 2026 (41 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 350 St Philippe St
How much is 350 St Philippe St listed for?
350 St Philippe St is listed at $449,900 (MLS® X14160442). Summitly updates the price as soon as the MLS® record changes.
Is $449,900 a good price for 350 St Philippe St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Alfred and Plantagenet. 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 350 St Philippe St changed?
No — 350 St Philippe St is still listed at its original asking price of $449,900.
How many bedrooms and bathrooms does 350 St Philippe St have?
350 St Philippe St has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a fourplex in Alfred and Plantagenet.
How much would the monthly mortgage be on 350 St Philippe St?
About $2,210 a month — principal and interest on $449,900 with 20% down ($89,980), 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 350 St Philippe St compare with other homes in Alfred and Plantagenet?
Its asking price of $449,900 is about 4% above the median sold price in Alfred and Plantagenet over the last 90 days, $434,450, across 60 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 350 St Philippe St been sold before?
Summitly has no earlier MLS® sale or lease of 350 St Philippe St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 350 St Philippe St?
350 St Philippe St is in Alfred and Plantagenet, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 350 St Philippe St been on the market?
2 days — 350 St Philippe St was listed on November 6, 2026.
What is the price per square foot of 350 St Philippe St?
About $409 to $643 per square foot: the asking price of $449,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 350 St Philippe St have parking or a garage?
Yes — the listing gives 1 parking space.
Does 350 St Philippe St have a basement, and is it finished?
The listing describes the basement as: Partial Basement.