855 Edward Street, Prescott, ON

$4,999,999
MLS#:X12996218
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable industrial 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 $4,999,999 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 382 x 463 ft lot size
  • Convenient other garage included
  • equipped with partial central cooling and highly efficient baseboard heating

Description

Amazing warehouse/industrial property located within 700m of a full interchange with Highway 401, this zoned M1 - General Industrial property comprises a 36,925 square foot (to be confirmed by buyer during due diligence) single-storey industrial building that was constructed in phases between 1968 and 1972. Building has two tenants, one of which will vacate over the summer months with their term ending August 31, 2026. The other tenant is month to month. The building is demised into 1,765 square feet of front office/dry storage space on two levels. The balance of the building is demised into dry warehouse space. The warehouse has a clear ceiling height ranging between 14.0 and 21.7 feet. There are six overhead loading doors of varying sizes. In 2023, new gas heaters were installed, also 5 new steel doors. Windows in the front office component comprise double glazed units in metal frames that were installed in 1995. One unit was replaced in 2020. HVAC: The front office is heated by an HVAC unit and it has supplemental baseboard heaters. The warehouse has six suspended gas-fired forced air units. nLighting is fluorescence tube throughout the building. Clear Ceiling Height: 14.0 - 21.7 feet. Ceiling Height Office and Mezzanine: 8 feet +/- Coverage Ratio: 26% (on a 3.198 acre site)Loading Facilities: 1 x (10' x 12') dock level overhead door. 3 x (8' x 9') dock level overhead doors of which one has a leveller. 2 x (14' x 14') at grade drive-thru overhead doors. The warehouse is demised into clean and dry space. The original building has a main warehouse with a secondary warehouse area adjoined by a large overhead door. The addition provides full warehouse space with drive-thru ability. There is a small shipping/receiving office and washrooms located in the warehouse. All information must be confirmed by potential buyer.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date4/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeIndustrial
Lot Size382 × 463 Feet
CountyLeeds and Grenville
Annual Tax$18,963

Parking & Garage

Garage TypeOther

Heating & Cooling

Heat TypeBaseboard
CoolingPartial

Features

Property Features

Interior Features

Security Features

Yes

Community Features

Major Highway

Location

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855 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 855 Edward Street, Prescott, ON K0E 1T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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$1,000,000 (20.0%)
* Minimum Canadian down payment required for this price is $1,000,000.
Amortization Period25 Years
Estimated Monthly Payment$23,837Based on a loan of $3,999,999 over 25 years.
Purchase Price$4,999,999
Loan Amount$3,999,999
Provincial Land Transfer Tax:$111,475
Total Estimated Closing Taxes:$111,475

About Purchasing a Home in Prescott, ON

For a property listed at $4,999,999 in Prescott, the legal minimum down payment is $1,000,000 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 $111,475 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 $111,475.

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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$731,046

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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Secondary 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.