Gurvinder Nokwal REALTOR®
For Sale Multiplex 22 days on market

$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
Map

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

Minimum for this price: $44,900 (6.42%)

Amortization, years

Estimated mortgage payment

$3,095 per month

Principal and interest
$3,095
Property tax
$606
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
Total, before legal fees
$150,255
Talk to me about financing

Estimates 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

232 Park Street W, Prescott, ON K0E 1T0 808 - Prescott, Prescott, ON K0E 1T0
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$699,000 232 Park Street W, Prescott, ON K0E 1T0
Request a showing