235 JAMES Street, Prescott, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 808 - Prescott. Expertly crafted featuring premium brick and brick construction, this residence presents an exceptional opportunity offered at $189,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 4 Bathrooms
- Premium 82.5 x 136 ft lot size
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Efficient forced air heating via gas
Description
Unlock the potential of this brick legal Duplex located near downtown Prescott on a large 83'x135' lot, offering nearly 3,000 sq. ft of living space. A huge addition in 1991 added approx. 1000sqft to the home (with full height basement), plus an almost 1000 sqft attached 2 car garage! This early 1900s property features a main home (approx 2200sqft) w/ 3 bdrs and 2.5 baths & 2nd unit (approx 700sqft) offering a 1-bdr, 1-bath perfect for rental income. Though the house requires TLC, this home provides a fantastic opportunity for investors or handymen to restore its original charm and capitalize on its prime location. Furnace (2024), metal roof, two electrical meters & two water meters . NO conveyance on offers until Sept 26th at 1:00 PM, Flooring: Mixed
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Pricing & Value Insights
Data-driven valuation for 235 JAMES Street W, Prescott, ON K0E 1T0
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About Purchasing a Home in Prescott, ON
For a property listed at $189,999 in Prescott, the legal minimum down payment is $9,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,625 for this transaction. As this listing is in Prescott (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,625.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
