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Renanza Realty
For sale

232 PARK STREET W

Prescott, Ontario

MLS® X13831418

$699,000

Status
Active
Property type
Multi-family
MLS® number
X13831418
Bedrooms
10
Bathrooms
7
Year built
—

Listing description

ATTENTION INVESTORS & OWNER-OCCUPIERS! Here is an opportunity to have your investment work for you! Live in one unit while the income from the remaining five helps offset your mortgage, OR add this well-maintained 6-unit property to your rental portfolio.

Units 1 & 2 are located in the original portion of the property, dating to approximately 1880 (MPAC), while the attached 4-unit addition was constructed in 1990. The result is a unique blend of character, functionality and income potential. Unit 1 is a charming one-bedroom unit featuring a welcoming front porch and access to a shared rear deck with Unit 2.

Unit 2 offers an impressive two-storey layout with three bedrooms, convenient upstairs laundry and a spacious primary bedroom complete with its own ensuite. The main floor features an open-concept kitchen and dining area flowing into a comfortable living room with beautiful hardwood flooring. Units 1 & 2 are heated by natural gas and feature central air.

Live in Unit 2 and let the other units help pay the mortgage OR restore Units 1 & 2 to one large home. The 1990 addition provides four additional units: Unit 3 - 1 bedroom; Unit 4 - 2 bedrooms; Unit 5 - 1 bedroom; and Unit 6 - 2 bedrooms. Units 3-6 are heated with electric baseboard heating.

All units are in very good condition, with excellent tenants. The property also offers shared laundry facilities and stair lift for accessibility, adding valuable convenience for tenants. Outside, you'll find a double-car garage, paved driveway and ample parking for residents.

Whether you're an experienced investor looking to expand your portfolio or an owner-occupier looking for a way to offset your housing costs, this 6-plex offers versatility and income-producing potential in one package. Six units. Multiple configurations.

Different heating options. And the opportunity to live in one while the others contribute to your bottom line. See REALTOR remarks for additional information and current rental details.

Property summary

MLS® number
X13831418
Property type
Multi-family
Building type
Other
Land size
83 x 193 FT
Annual property taxes
$7,272.00
Parking
8 spaces · Detached Garage, Garage
Days on market
3 days

Features & details

Heating
Baseboard heaters, Forced air, Electric, Natural gas
Cooling
Central air conditioning, Window air conditioner
Basement
Unfinished, Walk-up, N/A, N/A
Appliances
Washer, Refrigerator, Water meter, Dishwasher, Stove, Range, Oven, Dryer, Water Heater
Exterior features
Brick
Lot features
Level
Community features
Community Centre
View
City view

What would this home cost you?

Based on the $699,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,252 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE PROALLIANCE REALTY, BROCKVILLE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.