$680,000
$674,900
0.8%For more information regarding the value of a property, please contact us for a free consultation.
110 Park ST W Prescott, ON K0E 1T0
11 Beds
6 Baths
Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision 808 - Prescott
MLS Listing ID X12907812
Sold Date 05/08/26
Style 1 1/2 Storey
Bedrooms 11
Annual Tax Amount $4,566
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Turn-key 6-plex opportunity on the corner of Park & Edward Streets-built for investors who recognize value and upside. Much of the capital work has already been completed, allowing you to step in and generate immediate income with future growth potential.Six units in total: three on Park Street (110, 108, 112) and three on Edward Street (605, 613, 619), with convenient rear access to the Edward units. Strong unit mix includes two 1-bedroom, three 2-bedroom, and one 3-bedroom unit. Four units feature 1.5 baths, with two offering full 4-piece bathrooms.The 600-series units are equipped with newer individual natural gas furnaces, while the Park Street units are heated via electric baseboard. Majority of appliances are owned (see LBO for details). Rent roll available upon request.Large on-site parking lot-a rare asset-offering one assigned space per unit plus additional visitor parking, supporting tenant satisfaction and long-term retention.Well-established tenant base in place with several long-term occupants wishing to stay, ensuring stable, predictable income from day one. With only a couple of units below current market rent, there is clear opportunity to increase revenue and improve overall returns.Strategically located between Highways 401 and 416 and close to all amenities, the St. Lawrence River, Kelly's Beach, and more.Strong cash flow, proven stability, and upside potential-this is the kind of multi-unit asset that doesn't sit long. Note: a Non-Disclosure Agreement must be signed prior to receiving any financial information.
Location
Province ON
County Leeds And Grenville
Area Leeds And Grenville
Zoning Residential with 6 self contained units
Rooms
Family Room No
Basement None
Kitchen 6
Interior
Interior Features Carpet Free
Cooling None
Exterior
Exterior Feature Landscaped, Year Round Living
Parking Features Private, Reserved/Assigned
Garage Spaces 2.0
Pool None
Roof Type Metal
Lot Frontage 58.0
Lot Depth 150.0
Total Parking Spaces 10
Building
Building Age 100+
Foundation Stone, Concrete
Others
Senior Community No
ParcelsYN Yes
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