$495,000
Prescott
716 King Street West, Prescott, Ontario, K0E1T0
This 4-bedroom, 2-bathroom home in Prescott is for sale offering roughly 2,250 sq ft of space. Its $495,000 asking price sits right in line with the $484,500 median in Prescott. It has been on the market 34 days, fresher than the Prescott average of 83 days.
Just relisted with a whole new expression! Probably built in the 1890's this 4 bedroom, high ceilinged, deep set windowed Victorian is ready for its new owner. A spacious entry focuses the eye on an amazingly crafted staircase. Step to the right into the appropriately proportioned living room flooded with sunlight from east and south facing windows. The hall opens to an open dining room and kitchen. Except for the ceramic floor in the kitchen, the main floor and the stair treads are original hardwood. Located just off the kitchen is a handy 2pc/laundry area. Ascending that beauty of a staircase there are the 4 bedrooms and a 5pc bath. The flooring on this level is laminate except for the ceramic in the bath. Attached is what is called The Annex...a two storey, one bedroom self contained apartment currently rented at $1100/month with its own electrical and air conditioning systems. Also, included a dynamite cute separate building with electric power and a loft...perfect for workshop, artist's studio, She Shed or Man Cave! The basement is, as expected, in property of this era is lowish but will accommodate lots of storage. Parking for 3 or possibly 4 vehicles. A Pre-Confederation build located at the Western End (the best part IMHO!) of King St in Prescott. Features defining the era as evident in this house: Deep set windows, Super high ceilings and Gorgeous staircase. 4 bedrooms, 1.5 baths, open kitchen/dining. Modern Systems Upgrades: Gas Furnace, Electrical, Split System A/C. The main house is NOW VACANT but was rented for $2200/mo. PLUS! PLUS! PLUS! The self contained 1 bedroom, 2 storey Annex with its own entrance, heating/split a/c system, 5 appliances and currently rented for $1100/mo AND HMMMMM! Let's do the math! $2200 + $1100 = $3300/month. Will buy...wait for it a $600,000 Mortgage ASKING PRICE $495,000. Psst! If my wife and I were 20 years younger we would buy the place, it's that interesting! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 34 days on market, against an average age of 83 days across the listings currently for sale in this city
This 4-bed single family in Prescott has been listed for 34 days, which is 49 days fresher than the city average of 83. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $495,000, about 6.0× the local median household income of $83,000.
Carrying it typically needs a household income of about $96,691 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0E)
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