Sold for:Sold Nov 28, 2024
$689,000

657-659 King Street W

Prescott, ON K0E 1T0

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 657-659 King Street W, Prescott

2024-11-08
2024-11-28
Sold
Price
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MLS#
x10419683

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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 657-659 King Street W, Prescott

657-659 King Street West is being sold as a fourplex investment property. Although it is actually 2 - duplexes joined together, separately taxed & PIN'd, it will NOT be sold separately. Having said that, what an amazing investment opportunity! There are 2 upper units, & 2 lower units, each offering two bedrooms and a superb amount of living space. UPPER units have a stunning & relatively unobstructed view of the majestic St. Lawrence from a balcony. The LOWER units have the benefit of a walk-out & also capture these stellar views. Positioned near the outskirts of Prescott, these units are near the Medical Centre, Kelly's Beach & the downtown core for amenities. The tenants are the dream tenants, and wish to stay on. This building has been extremely well maintained and cared for, so a new buyer will have little to worry about. Centrally located near Highways 401, 416, the #2 & U.S. International Bridge. A "NDA" must be signed prior to all viewings & the listing agent will be present.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,061
Land Transfer Tax Fee
$10,255

Basement Type
Full, Finished

Interior Features

Interior Extras
Water Heater Owned
View
River
Security Features
Unknown
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None
Property Features
Golf, Park

Building

Building Type
Multiplex
Building Style
Unknown

Construction

Exterior Finish
Brick, Other
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
29.16 ft
Lot Depth
132.00 ft

Exclusions

Exclusions
ALL appliances belong to the tenants.

Parking & Garages

Garage Type
Other
Garage Spaces
0
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Heat Pump
Air Conditioning
Other
Water
Municipal
Sewers
Sewer
Natural Gas
Yes

Bedrooms
4
Washrooms
2

Washrooms

  • 4-piece

Municipality
Prescott
Neighbourhood
Prescott
Main cross streets
From Edward Street Exit (401), Head south on Edward Street to King Street. Turn right(west) on King Street to the subject property (across from RV Auto). Signage is up !
Zoning
Residential
Directions
From Edward Street Exit (401), Head south on Edward Street to King Street. Turn right(west) on King Street to the subject property (across from RV Auto). Signage is up !

MLS® number
X10419683
Data source
oreb
Status change
2024-11-28
Listed on
2024-11-08
Days on market
20 days
Possession type
To Be Arranged
Co-op commission
2
Seller
Listed by
ROYAL LEPAGE PROALLIANCE REALTY

Home Market Value

Current home valuation for 657-659 King Street W, Prescott, Prescott, ON. Listed for $689,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 657-659 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

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Prescott, ON
Minimum Down Payment Required:6.4%

5% on first $500K + 10% on $189,000 over $500K

Minimum down payment

$43,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
$25,796$19,223$16,398$0
=Total mortgage
$670,700$639,323$602,048$551,200
Amortization
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Payment frequency
=Mortgage payment
$3,275monthly$3,121monthly$2,940monthly$2,691monthly
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Land Transfer Tax

Provincial

$10,255

Total Land Transfer Tax

$10,255

Around this home

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