247 Prescott Ave is a 5-bedroom, 4-bathroom fourplex in Toronto, listed for $1,299,900. It has 1500-2000 sq ft of living space.
1Stunning turn-key fourplex offering an exceptional opportunity in a highly desirable location!
2Thoughtfully configured with two spacious 2-bedroom units, one 1-bedroom unit, and one bachelor unit, each showcasing modern finishes and inviting living spaces.
3A rare offering with tremendous appeal and an exceptional opportunity that won't last long!
Stunning turn-key fourplex offering an exceptional opportunity in a highly desirable location! Thoughtfully configured with two spacious 2-bedroom units, one 1-bedroom unit, and one bachelor unit, each showcasing modern finishes and inviting living spaces. The well-planned layout features one unit on the third floor, one unit on the second floor, and two units on the main floor, creating a versatile multi-unit property with plenty of appeal.Ideally situated on a street that offers the charm and comfortable feel of suburban living while keeping you connected to all the urban conveniences of the city. Enjoy the best of both worlds-a welcoming residential setting paired with the accessibility and lifestyle today's city dwellers appreciate. With its attractive modern interiors, turn-key condition and highly functional four-unit configuration, this property presents an exciting opportunity for investors and buyers looking to add a standout multi-unit property to their portfolio. A rare offering with tremendous appeal and an exceptional opportunity that won't last long!
5 bedrooms, 4 bathrooms, about 1,500 sq ft, works out to roughly $867 per square foot. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.
Inside 247 Prescott Ave
Every detail from the listing, in one place.
Type
Fourplex
Style
3-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
3 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Fourplex
247 Prescott Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,386
/mo
based on the purchase price of $1,299,900
$259,980 cash
$1,039,920 financed
$875,886 total interest
Principal54%$1,039,920
Interest46%$875,886
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 4–7 bed homes for sale in Toronto around $1.3M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4988.9%On average, homes sold at or above asking.
Active listings12,181Homes for sale here right now.
Median vs prior 90 days+1.8%Compared with Apr 23 – Jul 22, 2026: prices up.
Based on 9,509 sales from Jul 22 – Oct 20, 2026 (6,751 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
247 Prescott Ave is listed at $1,299,900 (MLS® W13715272). Summitly updates the price as soon as the MLS® record changes.
Is $1,299,900 a good price for 247 Prescott Ave?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 247 Prescott Ave changed?
Yes — it was first listed at $1,389,900 and is now $1,299,900, a drop of $90,000 (6.5%).
How many bedrooms and bathrooms does 247 Prescott Ave have?
247 Prescott Ave has 5 bedrooms and 4 bathrooms, with about 1,500–2,000 square feet of living space. It is a fourplex in Toronto.
Is 247 Prescott Ave close to transit?
The nearest rapid-transit station is Caledonia Station (Line 5), about 1.4 km (about a 17-minute walk) in a straight line. Keelesdale Station is about 1.6 km (about a 20-minute walk), and Fairbank Station is about 1.9 km (about a 23-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 247 Prescott Ave?
About $6,386 a month — principal and interest on $1,299,900 with 20% down ($259,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 247 Prescott Ave compare with other homes in Toronto?
Its asking price of $1,299,900 is about 54% above the median sold price in Toronto over the last 90 days, $845,000, across 9,509 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 247 Prescott Ave been sold before?
Summitly has no earlier MLS® sale or lease of 247 Prescott Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 247 Prescott Ave?
247 Prescott Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 247 Prescott Ave been on the market?
55 days — 247 Prescott Ave was listed on August 26, 2026.
What is the price per square foot of 247 Prescott Ave?
About $650 to $867 per square foot: the asking price of $1,299,900 over the 1,500–2,000 sq ft the listing gives as its size range.
