171 KING STREET W, Prescott, Ontario, K0E1T0
Property TypeMulti-family Built in2021

Attention Investors! 3-storey, 16 unit building being built by a QUALITY BUILDER with a successful portfolio. Immediate cash flow. Conveniently located in the growing town of Prescott just 45minutes south of Ottawa. Efficient hot water boiler system. ERV's (energy recovery) in each unit, 17 hydro meters (tenants pay in-unit hydro costs), ELEVATOR, 18 parking spots incl disabled, 40-year fiberglass shingles. 4 x 3 bedrooms, 10 x 2 bedrooms 2 x 1 bedrooms. Indoor parking. Great management team in place. Income generating Laundry facilities with coinamatic card operated machines. Located a short distance to schools, grocery stores, shopping, golf, the marina on the St. Lawrence River & medical offices. Great community for retirees with a slower pace to life! Would even be great as an owner occupied rental property! Expenses and income are estimated based on similar completed buildings. To be built, currently under construction, will be 100% tenanted on closing! CIP program eligible. (id:46094)

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Management CompanyEOPMG - OwnershipFreehold
Parking Spaces18 TransactionFor sale
Zoning DescriptionCS
Constructed Date2021 Exterior FinishStone, Brick, Siding
Fire ProtectionSecurity FoundationPoured Concrete
Bathrooms (Half)0 Bathrooms (Total)0
Heating FuelNatural gas HeatingHot water radiator heat
Storeys Total3 Utility WaterMunicipal water
Size Frontage103 ft SewerMunicipal sewage system
Size Depth132 ft Size Irregular102.99 ft X 132 ft

Listing Office: EXP REALTY

Data Provided by Ottawa Real Estate Board

Last Modified :17/09/2021 09:11:53 AM

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