642 West Street, Prescott, ON
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Property Highlights
Welcome to this remarkable Bungalow fourplex located in the coveted neighborhood of Prescott. Expertly crafted featuring premium vinyl siding and brick veneer construction, this residence presents an exceptional opportunity offered at $1,100,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50 x 118 ft lot
- 6.0 total parking spaces available
- Notable attributes: Accessory Apartment, ERV/HRV, Separate Hydro Meter
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
Attention Investors! Purpose-built in 2024, this fully leased fourplex in central Prescott delivers turnkey income, low maintenance, and the ease of self-management. Each modern 2-bed/1-bath suite features open-concept living, durable vinyl flooring, stainless steel appliances (incl. dishwasher), in-unit laundry, and efficient hot-water boiler heating (heat included; tenants pay hydro, water & sewer). Annual rent: $93,480; NOI: $81,617.32; cap rate at asking: ~7%. Gravel parking for 6. Steps to downtown amenities and minutes to Hwy 401 and the St. Lawrence stable tenants, strong returns, and a great location.
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Key Features
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Additional Details
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Accessory Apartment
- ERV/HRV
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
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Frequently Asked Questions about 642 West Street, Prescott, ON
Q.What is the asking price for 642 West Street, Prescott, ON ?
The current listing price for 642 West Street, Prescott, ON in Prescott, Prescott is $1,100,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 8 bedrooms and 4 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 642 West Street, Prescott, ON ?
642 West Street, Prescott, ON is a Fourplex (Bungalow) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, ERV/HRV, Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Wall Unit(s).
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Prescott, Prescott
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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Property History
No historical data available for this property.
This could be the first listing for this address.
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Pricing & Value Insights
Data-driven valuation for 642 West Street, Prescott, ON K0E 1X0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Prescott, ON
For a property listed at $1,100,000 in Prescott, the legal minimum down payment is $220,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,475 for this transaction. As this listing is in Prescott (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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