659 GEORGE Street, Prescott, ON

$550,000
MLS#:X9459934
0 beds
0 baths
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable duplex located in the coveted neighborhood of 808 - Prescott. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $550,000 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 46.19 x 129.7 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Water Heater Owned
  • equipped with other central cooling and highly efficient radiant heating via gas

Description

Flooring: Vinyl, Flooring: Laminate, This charming 2015 upper and lower duplex offers the perfect blend of comfort and financial opportunity. The upper unit features 3 bedrooms, an office, a two-tiered deck, and a saltwater pool with a gas heater—ideal for family fun! Recent updates include new doors, an expanded deck (2024), and a new washer/dryer (2024). The stylish kitchen boasts quartz countertops and modern appliances. The 3-bedroom lower unit provides rental income of $2200 per month, helping reduce mortgage costs. Located in a friendly neighborhood, you're steps from schools, the library, shopping, downtown, and the river with a beach. Plus, easy access to the 401 makes commuting a breeze. Don't miss this amazing chance to own a home that welcomes family living and builds wealth. Schedule a viewing today, this one won't last long! The Upper unit could rent at approximately $2500 per month including utilities if you do not want to owner occupy.

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Property Summary

This duplex located at 659 GEORGE Street, Prescott is currently for sale and has been available on SousaSells for 653 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 659 GEORGE 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

Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 18, 2024
Sold price information is available to members only
Listed Date10/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionVinyl Siding
BasementFull, Finished
Lot Size46.19 × 129.7
CountyLeeds and Grenville
Annual Tax$3,520
Legal DescriptionLT 10 BLK 7 PL 19 PRESCOTT, AS IN PR203736 TOWN OF PRESCOTT

Parking & Garage

Parking Spaces6.0
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingOther

Features

Property Features

Golf, Fenced Yard

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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659 GEORGE 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 659 GEORGE 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$165,000 (30.0%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period30 Years
Estimated Monthly Payment$1,831Based on a loan of $385,000 over 30 years.
Purchase Price$550,000
Loan Amount$385,000
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Prescott, ON

For a property listed at $550,000 in Prescott, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.

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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.