For Sale

494 King Street, Prescott, Ontario K0E1T0

$599,000

494 King Street, Prescott, Ontario K0E1T0 is For Sale and has a listing price of 599,000. The property is located in the Prescott neighbourhood. It's been on the website for 1 Day.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 4
    Bedrooms
  • 4
    Bathrooms
  • 4
    Parking Spaces
  • MLS ID: X11946450
  • Office Name REAL BROKER ONTARIO LTD.,REAL BROKER ONTARIO LTD.
Property Description

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 (id:43137)

Property Details
  • Bedrooms: 4
  • MLS ID: X11946450
  • Bathrooms: 4
  • Price: $599,000
  • Transaction Types: For Sale
  • Ref ID: 27856600
  • Year Built: N/A
  • Building Type: House
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
01/29/2025 X11946450 $599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Prescott
  • $503,931 Average List Price
    based on 1 year
  • 10 New Listings
    based on 30 days
  • 107 Median Days on Market
    based on 1 year
  • List vs. Selling Price 82.78 % Up
  • Sold (12mo) 9
  • Rented (12mo) 2

  • 1 Month Change +8.8%
  • 3 Month Change +4.0%
  • 6 Month Change +5.5%
Walkscore
  • 66 Walk Score
    Somewhat Walkable
  • 40 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    73.72%
  • Commercial
    13.87%
  • Condo
    11.68%
  • Land for Sale
    0.73%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 N/a (unfinished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Aluminum Siding, Stucco
  • Total Parking Spaces: 4
  • Property Features Lane, Guest Suite
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/01/2025 00:00:00
  • Zoning Cc-1
  • Agent Name: DEB DRISCOLL,JAIME PECA
  • Last Updated: 30/01/2025 02:52:06
Open House Dates
  • 1. 02/02/2025 (Start time: 2:00 PM - End time: 4:00 PM)
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