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421 ONTARIO AVE photo 11 / 54
Single FamilySeller Financing

$2,299,000

421 ONTARIO AVE, Park City, UT 84060

Type

SFR

List Price

$2.30M

Price/Sqft

$1356

Est Gross Yield

1.6%

$37,056/yr est.

Property Details

Property typeSingle Family
Year built1955
Total units1
Living area1,695 sqft
Bedrooms2
Bathrooms3
Lot size0.06 acres
Parking2 spaces
Days on market0
Listed2026-07-02T00:00:00+00:00

Description

421 Ontario Avenue is the ultimate Park City ski pad. The original A-frame exterior is pure Park City classic -- and inside, the current owner has completely reimagined it for modern mountain living, with a full kitchen remodel, European aluminum windows and doors throughout, radiant floor heat, and a long list of upgrades that add up to a home that feels brand new where it counts. Step into the entry mudroom -- thoughtfully designed with ski racks, hooks, and storage -- and you immediately feel that this home perfectly matches the Park City lifestyle. Whether you're coming in from a killer powder day or a summertime mountain bike ride, there's a spot for everything. Move into the main living space and the views stop you in your tracks. Classic Old Town rooftops, the PCMR slopes -- all of it framed by a massive European aluminum 4-panel slider that opens fully onto the large deck. This is your gathering space: cozy wood burning stove on one side, large kitchen island on the other, and when the weather cooperates, the whole thing seamlessly spills outside. Upstairs, the primary suite is where you escape from it all -- a private Juliette balcony, jetted tub, large built-in dresser, tons of natural light, and those same classic Park City views all to yourself. The finished lower level pulls double duty as a guest suite and hangout space. Electric radiant floor heat, built-in storage, a full ensuite bath -- and walk-out access straight to the new hot tub and your private stairs that take you right down to Marsac and steps away from all the action on Main Street. The main Old Town bus terminal is right there: one bus to Park City Mountain, one to Deer Valley, one to Canyons. No car needed on a ski day. The home is currently tenant-occupied through November 1, 2026 at $6,500/month -- guaranteed income from day one, with early termination options for buyers seeking earlier possession.

Listed by Janine L Finley · Berkshire Hathaway HomeServices Utah Properties (Saddleview)

Location

421 ONTARIO AVE, Park City, UT 84060

Proforma

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Cap Rate

1.07%

Cash-on-Cash

-9.61%

Cash Flow

-$6,906/mo

Purchase Price$2,299,000
Down Payment35% ($804,650)
Interest Rate6.00%
Monthly Rent$3,088/mo
Vacancy5%
Expense Ratio30% ($10,561)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/2/2026, 8:57:58 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.