0 RAILWAY Avenue, Prescott, ON

$74,900
MLS#:X9441308
0 beds
0 baths
Residential Freehold
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Property no longer active

This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land 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 $74,900 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
  • Premium 50.52 x 101.9 ft lot size

Description

Have you ever thought about building your dream home or retirement home, but wanted to stay within the Town of Prescott, enjoying the benefits of municipal services? In order to do this, you'd need a building lot, and where can you find a building lot in Town ? Well look no further....there is one ! Located off of Josephine Street, on Railway Avenue, sits a 50.52 ft. (width) x 101.19 ft. (depth) building lot. just waiting for your building designs. The lot is cleared and flat, making access a breeze. You can enjoy the benefits of connecting to both municipal services and natural gas. Located near all amenities, schools, parks and Churches. Don't let this opportunity slip through your fingers !

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Property Summary

This vacant land located at 0 RAILWAY Avenue, Prescott is currently for sale and has been available on SousaSells for 736 days. This property is listed at $74,900 with an estimated mortgage of $249* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 RAILWAY Avenue, Prescott is in the 808 - Prescott neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 24, 2024
Sold price information is available to members only
Listed Date7/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size50.52 × 101.9
CountyLeeds and Grenville
Annual Tax$446
Legal DescriptionPlan 19 Blk 12 Lot 3 Prescott

Parking & Garage

Heating & Cooling

Features

Property Features

Park

Interior Features

Security Features

Community Features

Location

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0 RAILWAY Avenue, Prescott, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 0 RAILWAY Avenue, Prescott, ON K0E 1T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prescott.

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Interest Rate4.00%
Down Payment$22,470 (30.0%)
* Minimum Canadian down payment required for this price is $3,745.
Amortization Period30 Years
Estimated Monthly Payment$249Based on a loan of $52,430 over 30 years.
Purchase Price$74,900
Loan Amount$52,430
Provincial Land Transfer Tax:$474
Total Estimated Closing Taxes:$474

About Purchasing a Home in Prescott, ON

For a property listed at $74,900 in Prescott, the legal minimum down payment is $3,745 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 $474 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 $474.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 808 - Prescott, Prescott.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$539,200

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Maynard
Public21 Stewart Drive, Prescott, Ontario, K0E 1T0
5.4
St Mark
Public420 McAuley Road, Prescott, Ontario, K0E 1T0
3.0
Wellington
Public920 Boundary Street, Prescott, Ontario, K0E 1T0
2.3

Secondary Schools

South Grenville
Public1000 Edward Street, Prescott, Ontario, K0E 1T0
4.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.