+5 more
$374,900
675 Zaire
Prescott (808 - Prescott), Ontario, K0E1T0
5
Bedrooms
2
Bathrooms
2,500 sqft
Living Area
2
Parking
About This Property
This 5-bedroom, 2-bathroom multi-family in Prescott offers 2,500 sqft of living area. 2 storeys. The property has lot dimensions of 57.8 x 100 FT, cross street Zaire & Hyde Streets, zoned Residential duplex. The home features forced air, natural gas heating, a unfinished, full basement.
MLS Remarks
Are you considering entering the real estate market as either a first-time home buyer or an investor? 675 Zaire Street presents a fantastic opportunity that checks the boxes for both.For first-time buyers, this is your chance to step into home ownership while offsetting your mortgage. Why continue paying rent when you can own a 3-bedroom home and generate income from a secondary unit? It's a smart way to build equity faster while creating long-term financial stability.The main unit (front portion of the home) offers generous living space, including a large living room and dining area, currently incorporating a convenient laundry setup, along with a spacious kitchen. The unfinished stone basement provides excellent storage and houses the mechanical systems. Upstairs, you'll find three well-sized bedrooms and a full 4-piece bathroom, offering comfortable family living. The secondary unit, located at the rear of the home, is a compact but functional space featuring a loft-style bedroom, living area, kitchen, and a 4-piece bathroom. While modest in size, it provides an affordable rental option with steady income potential. Ideally located close to downtown amenities, schools, the Community Centre, and Kelly's Beach, this property also offers excellent commuter convenience with quick access to Highways 401 and 416.For investors, this is a turnkey opportunity with immediate rental income. Both existing tenants have expressed interest in staying, offering continuity and ease of management from day one.Whether you're looking to enter the market, offset your mortgage, or expand your investment portfolio, 675 Zaire Street delivers flexibility, income potential, and long-term value - an opportunity not to be missed. (id:60351)
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