112 King Street, Prescott, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Prescott. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,300,000 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 40.71 x 136.63 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
A remarkable fully leased mixed-use investment in the heart of Prescott's RiverWalk District, steps from the St. Lawrence River. 112 & 124 King St W, with 118 King allocated to the residential units, combine a unique commercial concept with 10 beautifully renovated apartments, extensive upgrades and deeded access to 9 parking spaces. The front main level is a street-level wellness and personal-care commercial hub anchored by GLITZ, featuring 7 private treatment rooms leased to established spa, massage, cosmetic and wellness professionals. Approx. 1,185 sq ft, the space includes a shared waiting area, powder room and laundry, with a handicap-accessible breezeway providing convenient access. Above and behind the commercial space are 10 stylish one-bedroom apartments extensively renovated in 2022. The same high-quality finishes found throughout this portfolio continue here, with quartz counters, quality cabinetry and appliances, modern plumbing and lighting fixtures, upgraded bathrooms with glass shower enclosures, contemporary vanities and toilets, hardwood flooring and professionally finished interiors. High ceilings and exposed brick add character, while second-floor apartments feature large private rear decks. The rear exterior is finished in durable, high-end masonry stucco. Major 2021-2023 improvements include 5 gas furnaces, 5 central A/C units, 2 gas hot water tanks, upgraded plumbing and electrical with 800 AMP service, and triple-pane windows. Additional features include coin laundry, an alarm system, separate commercial and residential entrances and excellent King Street visibility. Fully leased with established tenants, modern infrastructure and 9 deeded parking spaces, this is a rare opportunity to acquire a substantial turnkey asset combining immediate cash flow with the character and long-term potential of Prescott's historic waterfront downtown.
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Property Summary
This commercial retail located at 112 King Street, Prescott is currently for sale and has been available on SousaSells for 12 days. This property is listed at $2,300,000 with an estimated mortgage of $7,656* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 112 King Street, Prescott is in the Prescott neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Prescott, Prescott.
- •Desirable Commercial Retail architecture in Prescott, Prescott
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
- Major Highway
- Recreation/Community Centre
Frequently Asked Questions about 112 King Street, Prescott, ON
Q.What is the asking price for 112 King Street, Prescott, ON ?
The current listing price for 112 King Street, Prescott, ON in Prescott, Prescott is $2,300,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 112 King Street, Prescott, ON ?
112 King Street, Prescott, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Major Highway, Recreation/Community Centre.
Q.What security features are installed at 112 King Street, Prescott, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Prescott, Prescott
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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 112 King Street W, Prescott, ON K0E 1T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Prescott, ON
For a property listed at $2,300,000 in Prescott, the legal minimum down payment is $460,000 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 $43,975 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 $43,975.
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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.
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