305 Centre Street, Prescott, ON

$399,900
MLS#:X11900541
2 beds
1 baths
1100-1500 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 14, 2025. This listing is for reference purposes only. to view the sold price.

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 $399,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 24 x 83 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Forever known as "the old Surgery House, this 1830s two storey, two bedroom piece of history located near the downtown core of Prescott, is a home that has captured the attention of many. In 2010, the home was completely gutted, the original stone uncovered, repaired, and cleaned; the windows were replaced with handmade replicas; and every surface had been straightened, cleaned, repaired, or replaced to match the original house as closely as possible, while also adding the modern updates required for today's lifestyle & conveniences. All electrical, plumbing & insulation have been replaced and brought up to today's building codes. A period steel fence, surrounding gardens with original field stones, accent the property. Imagine yourself being surrounded by history & luxury each and every day. It must be noted that in 2012, this home received an award from the Architectural Conservancy of Ontario (ACO). This property has been used as a home, an air b'n'b, and a long term rental. The possibilities are many. The more recent updates include a renovated kitchen and a new Carrier furnace in March of 2024. Bonus feature: Generator hookup for the home. This home offers 792 sq. feet PER floor , as per Geowarehouse (1,584 sq. ft. in total). The square Footage (dimensions) in the floor plans completed with a camera do differ which could be partially attributed to the wall thickness and the camera captures the interior measurement. Inclusions - some living room furniture, bedroom furniture and all appliances. Located one block away from the majestic St.Lawrence River, many amenities & also close to the Prescott Golf course. Centrally positioned close to highways 401, 416 & USA International Bridge.

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Property Summary

This detached home located at 305 Centre Street, Prescott is currently for sale and has been available on SousaSells for 571 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 2 beds, 1 bathroom, and is 1100-1500 square feet. 305 Centre Street, Prescott is in the 808 - Prescott neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 14, 2025
Sold price information is available to members only
Listed Date12/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone
BasementCrawl Space
Lot Size24 × 83 Feet
CountyLeeds and Grenville
Annual Tax$2,658
Legal DescriptionPT LT 13 N/S HENRY ST BLK 2 PL 19 PRESCOTT AS IN PR115321; PRESCOTT

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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305 Centre 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 305 Centre Street, 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$119,970 (30.0%)
* Minimum Canadian down payment required for this price is $19,995.
Amortization Period30 Years
Estimated Monthly Payment$1,331Based on a loan of $279,930 over 30 years.
Purchase Price$399,900
Loan Amount$279,930
Provincial Land Transfer Tax:$4,474
Total Estimated Closing Taxes:$4,474

About Purchasing a Home in Prescott, ON

For a property listed at $399,900 in Prescott, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.

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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.