237-239 KING Street, Prescott, ON

$249,000
MLS#:X13226162
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable commercial retail 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 $249,000 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
  • Premium 39.05 x 88.18 ft lot size
  • equipped with no central cooling and highly efficient other heating

Description

ALL being sold as ONE package! A rare opportunity to acquire 2 heritage stone buildings rich in history and potential in the heart of historic Prescott and situated along the majestic St. Lawrence River, The first bldg - 237-239 King Street W., - 2,300 sq. ft. main floor building would be perfect for retail and/or office space. Possibilities for 237-239: one could separate the units into TWO & operate two businesses OR leave the space open and operate a retail or an outlet store OR have several artisans collaborate with individual spaces offering their products and as a result - a unique shopping experience! (create Fort Town Mews). The second floor offers 1,400 sq. ft of space for either retail, office or perhaps residential accommodations.There are numerous opportunities with this building. Repointing and restoration completed by Hubbard & Co. The building is structurally sound and could be restored further to accommodate the above suggested uses, with potential residential usage on the second & third floors. Circa 1850 (as per Prescott Promenades 2) The building has been taken down to the bare bones so renovating is actually more straightforward. Walls are exposed - a large portion of the hard work and expense has already been done. With the building being opened up, BLDG 2 (Water STreet Side) is similar to the King Street side. Exposed & ready to develop. Second floor can be residential units, while Main Floor can be commercial OR residential. Full basements under both buildings. Be on the ground floor as Prescott revitalizes their downtown core. Contact Prescott's Economic Development to take advantage of their Community Improvement Program & inquire about the grants & interest free loans that may be suitable for your project. Centrally located on the 401 corridor for easy commutes. 50 minutes from our Nation's Capital and 5 minutes to the Canada- USA International Bridge. 5 PINS - one price !!

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Key Features

Property Type
Commercial

Additional Details

StatusSold Conditional
Listed Date6/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size39.05 × 88.18 Metres
CountyLeeds and Grenville
Annual Tax$2,000
Legal DescriptionPT LT 16 S/S KING ST BLK 2 PL 19 AS IN PR1178 & PR5456 EXCEPT PARTS 1 & 2 15R11827 TOWN OF PRESCOTT

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeOther
CoolingNo

Features

Property Features

Interior Features

Security Features

No

Community Features

Major Highway, Recreation/Community Centre

Location

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237-239 KING Street, 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 237-239 KING Street W, 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 Rate5.25%
Down Payment$12,450 (5.0%)
* Minimum Canadian down payment required for this price is $12,450.
Amortization Period25 Years
Estimated Monthly Payment$1,410Based on a loan of $236,550 over 25 years.
Purchase Price$249,000
Loan Amount$236,550
Provincial Land Transfer Tax:$2,215
Total Estimated Closing Taxes:$2,215

About Purchasing a Home in Prescott, ON

For a property listed at $249,000 in Prescott, the legal minimum down payment is $12,450 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 $2,215 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 $2,215.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$725,684

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

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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.