193-197 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 $3,500,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient electric forced air heating
Description
Own a landmark property, the Moran & Hooker Buildings, a beautifully restored 25,000+ sq ft mixed-use asset. Positioned along the scenic Prescott Waterfront, this iconic stone property dates to the mid-1800s and blends timeless heritage character with modern functionality. The building has been restored/converted into a 15-unit commercial complex featuring a diverse tenant mix of professional offices and service businesses, along with a fully built-out waterfront facing pub space. Offered partially leased, the property provides stable income with upside through lease-up, repositioning, or owner-occupier use. Tenants/visitors benefit from direct access to the St. Lawrence River and Riverwalk Park. Additional features include on-site parking lot, 1000 Amp/208V/3-phase power, separately metered units, sprinkler systems, and modern HVAC throughout. Located in a growth-oriented community, the property also presents future development potential for a variety of alternative uses, making this a compelling investment.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Security Features
Yes
Community Features
Location
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 193-197 Water Street W, Prescott, ON K0E 1T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prescott.
Configure Loan Settings
About Purchasing a Home in Prescott, ON
For a property listed at $3,500,000 in Prescott, the legal minimum down payment is $700,000 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 $73,975 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 $73,975.
Nearby Listings
No current listings found in Prescott.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Prescott.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.