Imagine coming home to the river. This distinctive stackwall log home sits along the Mississippi River in the village of Appleton, offering a rare combination of rustic warmth, waterfront living and convenient access to Carleton Place and the charm of the village of Almonte. A woodstove anchors the welcoming interior, while updated windows, doors, roof and furnace provide important modern improvements. Outside, enjoy the riverfront setting, pond and two-level shed. Two bedrooms, one bath make this an inviting full-time home, weekend escape or downsizing opportunity for someone who values character over cookie-cutter. Come for the river- stay for the feeling of this remarkable home.
2 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $591 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 480 River Rd
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
3 spaces
Basement
Crawl Space
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
480 River Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14172424$649,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 480 River Rd Compares to the Mississippi Mills 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
$3,193
/mo
based on the purchase price of $649,900
$129,980 cash
$519,920 financed
$437,909 total interest
Principal54%$519,920
Interest46%$437,909
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 Mississippi Mills
Other 2–4 bed homes for sale in Mississippi Mills around $650K.
Average days on market40Homes sold in about 40 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings83Homes for sale here right now.
Median vs prior 90 days−10.7%Compared with May 16 – Aug 14, 2026: prices down.
Based on 84 sales from Aug 14 – Nov 12, 2026 (71 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 480 River Rd
How much is 480 River Rd listed for?
480 River Rd is listed at $649,900 (MLS® X14172424). Summitly updates the price as soon as the MLS® record changes.
Is $649,900 a good price for 480 River Rd?
Summitly rates it Above Market: the asking price is 5% to 15% above 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. See Zara's estimate
Has the price of 480 River Rd changed?
No — 480 River Rd is still listed at its original asking price of $649,900.
How many bedrooms and bathrooms does 480 River Rd have?
480 River Rd has 2 bedrooms and 1 bathroom, 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 480 River Rd?
About $3,193 a month — principal and interest on $649,900 with 20% down ($129,980), 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 480 River Rd compare with other homes in Mississippi Mills?
Its asking price of $649,900 is about 7% above the median sold price in Mississippi Mills over the last 90 days, $610,000, across 84 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 480 River Rd been sold before?
Summitly has no earlier MLS® sale or lease of 480 River Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 480 River Rd?
480 River Rd is in Mississippi Mills, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 480 River Rd been on the market?
1 day — 480 River Rd was listed on November 11, 2026.
What is the price per square foot of 480 River Rd?
About $433 to $591 per square foot: the asking price of $649,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 480 River Rd have parking or a garage?
Yes — the listing gives 3 parking spaces.
Does 480 River Rd have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
