Riverfront Stone Home with 1.4 Acres in Appleton

Property details for 492 River Road, Mississippi Mills

Type: Residential
Bedrooms: 4
Bathrooms: 3
Lot Size: 177.6 x 242.2 FT
Stories: 2
Basement: Unfinished, N/A
Parking: Garage, Other
Heating: Forced air, Propane
Cooling: Central air conditioning
Exterior: Stone
Ownership: Freehold
Annual Taxes: $6,809

This 4-bed, 3-bath stone house on River Road spans 1.4 acres, just across the road from the Mississippi River. The place has genuine character, with original hardwood floors and high ceilings; the eat-in kitchen features soapstone counters and a gas fireplace that used to be the actual cooking hearth. A breezeway connects to the main living areas, and above the kitchen you'll find the primary suite, complete with its own ensuite. On the main floor, there's a formal dining room, a living room, a home office, and a snug sitting room. Outside, a wraparound covered verandah lets you hear the river rapids, and there's an English cottage garden plus a loft over the garage that could become a studio. The property includes 200-amp electrical service, central air, and a stone foundation. With a garage and room for ten vehicles, parking is easy. It's a short drive-about five minutes-to Carleton Place and Almonte, and getting to Kanata and Ottawa is straightforward via the highway. Priced at $1.1M, this riverfront property is a unique opportunity.

About 492 River Road, Mississippi Mills — Property Score

Feature Rich Great Location

Score: 60/100

Value

Priced 30.2% above area median of $844,900 based on 27 comparable properties nearby 25

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

3 bathrooms - typical for similarly priced properties 60

43,015 sqft lot - an oversized lot for the area 90

Location

$96K median household income - above the Canadian average of $70K 78

92% of residents hold postsecondary credentials - a highly educated neighbourhood 98

92% homeownership rate - indicating a stable, owner-occupied community 95

51% of residents commute under 30 minutes - good commuting convenience 71

34/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 40 days on market 100

-45.8% median price change over 1 month - declining prices in the area 1

21 months of housing supply - 42 active listings with 2 sold last month (buyer's market) 40

Features

10-car garage - more than the area average of 7.7 spots 95

Unfinished, N/A basement - adds valuable living space 85

standard forced air system 75

Central air conditioning - whole-home cooling 90

2 fireplaces - a desirable feature for Canadian winters 85

View - premium features that add significant value 60

Investment

0.62% effective tax rate ($6,809/yr) - below the Canadian average of ~1% 81

-56.8% area price change year-over-year - significant price correction in Mississippi Mills 1

9% renter population - primarily owner-occupied area 41

Quality

Condition

Listing

42 photos provided - 8% more than the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.