651 Edward Street, Prescott, ON

$199,000
MLS#:X12217048
3 beds
3 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 27, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey triplex located in the coveted neighborhood of 808 - Prescott. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $199,000 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 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 58 x 150 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Meter, Water Heater, Separate Heating Controls
  • Efficient forced air heating via gas

Description

Stone century home with three self contained units, legal Triplex. Looking to grow your rental portfolio or dive into real estate investing? This building is in a prime central location, just a few blocks from the mighty St. Lawrence River, packed with potential and priced to move! Each unit is separately metered for hydro and water, steel roof for long-term durability, vinyl windows, solid bones & steady income potential. It's not often a rental property this affordable hits the market and with the right vision, this could be your next breadwinner. No Conveyance of any offer until June 23rd at 11:00am

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Property Summary

This triplex located at 651 Edward Street, Prescott is currently for sale and has been available on SousaSells for 401 days. This property is listed at $199,000 with an estimated mortgage of $662* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 651 Edward 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
3
Bathrooms
3
Kitchens
3
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 27, 2025
Sold price information is available to members only
Listed Date6/12/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
Architectural Style1 1/2 Storey
ConstructionStucco (Plaster), Stone
BasementCrawl Space
Lot Size58 × 150 Feet
CountyLeeds and Grenville
Annual Tax$2,218
Legal DescriptionLT F BLK 7 PL 19 PRESCOTT; PRESCOTT SUBJECT TO AN EASEMENT OVER LT F BLK 7 PL 19 PRESCOTT IN FAVOUR OF PT LT G BLK 7 PL 19 PRESCOTT AS IN PR205043; S/T PR205043; T/W ROW OVER PT 1, 15R12006 AS IN GC59454

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Water Meter, Water Heater, Separate Heating Controls

Security Features

Community Features

Location

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651 Edward 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 651 Edward 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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$59,700 (30.0%)
* Minimum Canadian down payment required for this price is $9,950.
Amortization Period30 Years
Estimated Monthly Payment$662Based on a loan of $139,300 over 30 years.
Purchase Price$199,000
Loan Amount$139,300
Provincial Land Transfer Tax:$1,715
Total Estimated Closing Taxes:$1,715

About Purchasing a Home in Prescott, ON

For a property listed at $199,000 in Prescott, the legal minimum down payment is $9,950 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 $1,715 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 $1,715.

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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.