494 King St W

Prescott | 808 - Prescott | K0E 1T0
  • 4
  • 4
  • 0

Ask: $599,000 $500,000

Est. Mtg $1,695 /mo
  • Days on market

    81

  • Status

    Pc

Listing Broker REAL BROKER ONTARIO LTD.
Since listed: 2 views

Home details

MLS #:

X11946450

Property type:
Detached
Style:
2-Storey
Taxes:
$3,343
Possession:
TBD
Lot Front:
48.37   Feet
Lot Depth:
187.92   Feet
Basement:
Unfinished |
Driveway Pkg:
0
Heat:
Gas | Forced Air

Description


494 King St W, , Prescott, Ontario is a Detached property in Prescott and in the 808 - Prescott community in the K0E 1T0 postal code


Prime Investment Opportunity - Detached Home with 4 Self-Contained Rental Units! This updated detached home is a fantastic investment offering 4 self-contained rental units, including a vacant 2 bedroom unit perfect for an owner-occupier or to add another income stream! Each unit is currently tenanted, with all tenants paying market rent, ensuring steady cash flow from day one. The property has been recently updated, making it move-in ready for new tenants or to live in one of the units while collecting rent from the others. Located in a prime area, this property is close to amenities, transportation, and local hotspots, ensuring high demand and low vacancy rates. With solid rental history and excellent income potential, this is a turnkey opportunity for savvy investors looking to expand their portfolio. As an added bonus a new Furnace was installed in 2024! Don't miss out on this incredible opportunity.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-01 2025-03 $599,000 $500,000 Pc X11946450

Comparables

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sold Date Address List Price sold Price DOM
2025-02 476 James St W, $439,900 $405,000 28
2024-09 235 JAMES St W, $189,999 $260,000 10
2024-09 320 GEORGE St, $379,000 $360,000 57
2024-01 548 DIBBLE St W, $539,900 $535,000 72
2023-11 346 RUSSELL St, $399,000 $385,000 76
2019-07 495 SOPHIA St, $259,000 $259,000 16
2019-04 302 WOOD St W, $163,900 $158,500 19

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Prescott :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Prescott :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 494 King St W

Based on available 3rd party data

$2109

Approximate costs per month

Mortgage
$1695 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$278 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker REAL BROKER ONTARIO LTD.
Data Source: TRREB

Payment calculator

$1974 monthly. In association with: TD Bank
%
  • Principal and Interest
    1695 /mo
  • Property Taxes
    $278 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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