$950,000
Available - For Sale
Listing ID: X11952340
192 King Street West , Prescott, K0E 1T0, Leeds and Grenvi
| This versatile 7-UNIT residential/commercial property is located in the well-established Masonic Block. It features 6 residential units (4 one-bedroom, 2 two-bedroom) and 1,800 sqft of commercial space with charming original tin ceilings, along with fresh updates including new flooring and paint (Spring 2021). The building underwent significant renovations within the last decade, including new floors, fresh paint, new windows, and updated appliances (fridges and stoves). Additionally, a new furnace was installed in the commercial unit in 2024, and a new boiler system was added to the residential space in 2024. The pressure tank was replaced in 2019, and the rear addition received new siding and roofing in 2018. All units are separately metered for utilities, and tenants have the option to lease parking in a nearby lot. Financial records available upon request |
| Price | $950,000 |
| Taxes: | $5800.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 192 King Street West , Prescott, K0E 1T0, Leeds and Grenvi |
| Postal Code: | K0E 1T0 |
| Province/State: | Leeds and Grenvi |
| Lot Size: | 21.50 x 119.00 (Feet) |
| Directions/Cross Streets: | 416 South to 401. Merge onto 401 W - Exit 716 (Edward St Prescott/Domville) Turn Left onto Edward St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | F |
| Total Area: | 2906.00 |
| Total Area Code: | Square Feet |
| Franchise: | F |
| LLBO: | N |
| Taxes Expense: | $5800 |
| Insurance Expense: | $8400 |
| Heat Expenses: | $4200 |
| Hydro Expense: | $4500 |
| Water Expense: | $2500 |
| Other Expenses: | $6650 |
| Gross Income/Sales: | $106758 |
| Vacancy Allowance: | 2668 |
| Net Income Before Debt: | $72039 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | Yes |
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| RE/MAX HALLMARK REALTY GROUP |
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At a Glance:
| Type: | Com - Investment |
| Area: | Leeds and Grenville |
| Municipality: | Prescott |
| Neighbourhood: | 808 - Prescott |
| Lot Size: | 21.50 x 119.00(Feet) |
| Tax: | $5,800 |
| Fireplace: | N |
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