$699,000
Est. payment $3,095/moCalculate yours
232 Park Street W, Prescott, ON K0E 1T0
808 - Prescott, Prescott, ON K0E 1T0
- 10 Beds
- 7 Baths
- 2 Garage
- 5,000 Sq Ft
Listing courtesy of ROYAL LEPAGE PROALLIANCE REALTY MLS® X13831418
About this home
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 details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Sold Conditional
- Approximate Age
- 100+
- Size
- 5,000 sqft
Interior
- Bedrooms
- 10
- Bathrooms
- 7
- Kitchens
- 6
- Basement
- Unfinished, Walk-Up
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Central Air, Window Unit(s)
- Exterior
- Brick
- Foundation
- Stone, Concrete, Slab
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 83 x 193 Feet
- Parking
- Detached garage · 8 total
- Zoning
- Residential property with 6 self contained units
Financial
- Property Taxes
- $7,272 (2026)
Location
- Neighbourhood
- 808 - Prescott
- Cross Street
- EDWARD STREET & PARK STREET
- Direction Faces
- North
Listing
- MLS® Number
- X13831418
- Days on Market
- 22
- Listed On
- 2026-09-26
- Possession
- TBD
- Listed By
- ROYAL LEPAGE PROALLIANCE REALTY
Features
Interior
- Water Heater Owned
Property
- Beach
- Golf
- Library
- Marina
- Park
- Rec./Commun.Centre
Pool
- None
- Included
- UNIT 1 - refrigerator, stove, UNIT 2 - b-i dishwasher, wall oven, gas counter-top range, UNITS 3, 4, 5 - refrigerator and stoves, COMMON AREA - washer and dryer and chair lift. All existing light fixtures (see exclusion Unit 6)
- Excluded
- UNIT 2 - refrigerator, washer and dryer, and small shed Tenant built (tenant owned) UNIT 6 - refrigerator and stove, some light fixtures (tenant owned) ALL tenant belongings, microwaves (tenants)
- Rental items
- none, as per Seller
Mortgage calculator
Estimated mortgage payment
$3,095 per month
- Principal and interest
- $3,095
- Property tax
- $606
- Condo fees
- $0
- Estimated monthly cost
- $3,701
Your mortgage
- Mortgage amount
- $559,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $369,306
Cash to close
- Down payment
- $139,800
- Land transfer tax
- $10,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $150,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.