Home with brick exterior material, street for 494 King St, Prescott Ontario K0E 1T0
6 days on Market

494 King St, Prescott, Ontario K0E 1T0

Detached
4
4
- sqft
$599,000
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Detached
4
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,572/mo

Tax Amount (2024)$3,343/yr

Days On Market6 days


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


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size9,089 SqFt(187.92 x 48.37)
Parking Spaces4
MLS ®NumberX11946450
Community NamePrescott
Data SourceTRREB
Listing byREAL BROKER ONTARIO LTD.

Features

Heating: Forced Air
Basement: Unfinished

Features

Lot size: 9,089 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Jan 30, 2025
ListedActive
$599,000
6 days on market
history photo preview7
Listing by trreb®
Property listed by REAL BROKER ONTARIO LTD., Brokerage
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Population and Demographics

Overview

Total population 3386
Average household income $84,195

Age (%)

65 and plus
27%
50 to 64
23%
0 to 19
19%
20 to 34
16%
35 to 49
15%

Household composition (%)

Single family
57%
Single person
39%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
95%
French
3%
Others
2%

House tenancy (%)

Owners
58%
Renters
42%

Schools and amenities

Estimated Budget