494 King Street W
Prescott, ON K0E 1T0
- 4Bedrooms
- 4Bathrooms
- 4Garage
- —Sq Ft
- $3,343Tax
- 48×188 ftLot Size
Estimated Value:$832,000See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 494 King Street W, Prescott
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-01-29 | 2025-07-20 | Login to See Prices | Expired | x11946450 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 494 King Street W, Prescott
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
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,343
- Land Transfer Tax Fee
- $6,475
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- In-Law Capability, Guest Accommodations, Storage
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Aluminum Siding, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 48.37 ft
- Lot Depth
- 187.92 ft
Exclusions
- Exclusions
- Tenant Belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 4
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 4
- Kitchens
- 1
Washrooms
- 4-piece
- Municipality
- Prescott
- Neighbourhood
- Prescott
- Main cross streets
- St Lawrence St & King St W
- Zoning
- R4
- MLS® number
- X11946450
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-07-20
- Listed on
- 2025-01-29
- Days on market
- 172 days
- Possession type
- To Be Determined
- Co-op commission
- 2
- Seller
- Listed by
- REAL BROKER ONTARIO LTD.
Home Market Value
Current home valuation for 494 King Street W, Prescott, Prescott, ON. Listed for $500,000
HOMEH Estimate
$832,000
Estimated Sales Range
$657,280 - $1,006,720
HOMEH Estimate for 494 King Street W, Prescott
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$25,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $19,000 | $13,950 | $11,900 | $0 |
=Total mortgage | $494,000 | $463,950 | $436,900 | $400,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,412monthly | $2,265monthly | $2,133monthly | $1,953monthly |
Land Transfer Tax
$6,475
$6,475
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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