
Prescott, ON K0E 1T0
**Prime Downtown Investment Opportunity in the heart of Prescott. ** Located at the prominent downtown corner of King St and Edward St, this exceptional three-building complex offers a rare chance to acquire a high-visibility, mixed-use property in an area undergoing major transformation. The 2 properties consist of attached buildings featuring a total of 8 residential units and 3 commercial spaces, providing a strong mix of income streams. The buildings are nestled between King St and Water St with back of building access, across the street from the marina and amphitheatre. The residential units offer stable tenancy, while the street-level commercial spaces benefit from excellent exposure in a busy downtown setting. Prescott is experiencing significant growth, with new housing developments planned throughout the area, driving increased demand for both residential and commercial space. This positions the property for long-term appreciation while delivering reliable current income.The site also presents value-added expansion potential, making it an ideal opportunity for investors seeking both stability and upside in a revitalizing downtown market. Financial information available upon request to Listing Agent.
TRREB MLS® Attribution
MLS® X12657592
Listed by HOMELIFE/DLK REAL ESTATE LTD
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$13,184
/month · $2,160,000 mortgage
Amortization
Total Interest
$1,795,337
Total Cost
$3,955,337
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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HOMELIFE/DLK REAL ESTATE LTD