235 Water Street, Prescott, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of 808 - Prescott. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $89,900 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- equipped with no central cooling and highly efficient electric forced air heating
Description
Position your business in the heart of the beautiful St. Lawrence River community of Prescott with this affordable commercial condominium opportunity. Offered at just $89,900, this well-located commercial unit is ideally suited for professional offices, consulting services, studios, personal services, or a variety of permitted commercial uses under C1 zoning. Located in Prescott's vibrant downtown core, the property enjoys proximity to local businesses, restaurants, waterfront attractions, and municipal amenities. The setting offers a professional and private environment with excellent potential for owner-occupiers, investors, or entrepreneurs seeking an economical commercial space. Take advantage of this rare opportunity to own commercial real estate at an attractive price point in one of Eastern Ontario's most charming waterfront communities. With flexible C1 zoning and a prime location near the St. Lawrence River, this property offers excellent value and long-term potential. This unit was previously a dental office and all plumbing to support remains intact.
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Pricing & Value Insights
Data-driven valuation for 235 Water Street 202, Prescott, ON K0E 1T0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Prescott, ON
For a property listed at $89,900 in Prescott, the legal minimum down payment is $4,495 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 $624 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 $624.
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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.
