The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Set in the heart of Pakenham, a quiet and picturesque village in the Ottawa Valley, this remarkable commercial property occupies a storied place along the banks of the Mississippi River. Pakenham is known for its natural beauty and deep historical roots, offering a setting that feels both timeless and quietly inspiring. Originally established in the 1830s as a milling hub, the village grew around the vision of Andrew Dickson, who commissioned this striking stone building in the 1840's. Designed in the Neo-Classical style, the structure stands as a lasting testament to early Ontario craftsmanship and ambition. It sits prominently at the end of Pakenham's iconic five-span stone bridge - the only bridge of its kind in North America, giving the property a sense of arrival and distinction that is impossible to replicate. Inside, the building is rich with character and authenticity. Wood floors, exposed beam ceilings, gallery lighting, and original stone walls create a warm, textured interior well suited to a variety of commercial uses. Approximately twenty years ago, the side entrance was rebuilt, adding a new staircase, storage area, and a second-floor office. This secondary access offers valuable flexibility, allowing the space to be shared or configured to suit different operational needs. Well suited for professional offices, studio, gallery, or retail, this is a rare opportunity to acquire a truly unique commercial property, one that blends architectural significance, adaptable space, and an exceptional setting. Owning this building is not simply a business decision, but a chance to become a steward of an irreplaceable piece of Ontario's history. Small parking area on the left side of the building. All services are currently off and will need to be reinstated by the new owner. Two 100 amp panels. Building being sold as is where is with no warranty by the estate. Buyer should budget for a new roof. 72 hour irrevocable required.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,830/mo
Mortgage (principal + interest)$1,272
Property taxFrom listing: $6,700/yr$558
Minimum $16,995 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$67,980
Ontario land transfer taxProvincial brackets, no first-time refund$3,574
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$74,354
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Mississippi Mills has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
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