297 Park Street, Prescott, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 808 - Prescott. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $435,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 73 x 136 ft lot
- Features a unfinished, exposed rock basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
A rare offering, this beautifully restored stone home (circa 1840) blends timeless character with thoughtful updates. Rich in history, it showcases refinished original floors, a reconstructed railing, repointed stone exterior, deep-set windows, and an exposed interior stone wall that adds warmth and authenticity throughout. The kitchen has been left as a blank canvas-an opportunity to create a space perfectly suited to your lifestyle. Situated on a desirable double corner lot, the property presents exceptional future potential, including possible severance or space for a garage. Ideally located close to recreation, shopping, schools, and everyday amenities. Upstairs features three bedrooms, a newly updated bathroom, and access to a full attic with additional potential. A full basement with a stone foundation adds functionality. The main floor features elegant formal living and dining rooms, complemented by the convenience of main-floor laundry. Charming porches at the front, back, and side complete this one-of-a-kind home-an opportunity that truly needs to be experienced.
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Pricing & Value Insights
Data-driven valuation for 297 Park Street E, Prescott, ON K0E 1T0
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About Purchasing a Home in Prescott, ON
For a property listed at $435,000 in Prescott, the legal minimum down payment is $21,750 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 $5,175 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 $5,175.
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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.
