235 James Street W, Prescott, ON K0E 1T0
808 - Prescott, Prescott · Near James St W and Edward St · View map
About this home
Turnkey legal 5-unit apartment building offering strong cash flow and extensive redevelopment in the heart of Prescott. Originally a duplex, this property has been comprehensively transformed into a modern income-producing asset while preserving its attractive brick exterior and character. Generating $93,300 in gross annual income with an approximate NOI of $78,820, the building offers an excellent unit mix of one 3-bedroom suite, two 2-bedroom suites (including an accessible unit), and two 1-bedroom suites, one of which is rented as an affordable unit. Extensive capital improvements include all new kitchens, bathrooms, flooring, lighting, interior doors, plumbing, electrical, nearly all new windows, repointed brick, new decks, upgraded insulation, modern mechanical systems, quality finishes throughout, and a durable standing seam metal roof. The building features an efficient utility structure with all tenants paying their own hydro and water. Two suites have their own dedicated heating systems and pay their own heat, while three suites are heated by an efficient central gas-fired hot water boiler. The accessible and affordable units may be of interest to purchasers exploring CMHC financing programs, subject to lender and CMHC eligibility requirements. Conveniently located within walking distance to downtown Prescott, the St. Lawrence River, shopping, restaurants, schools, and just minutes from Highway 401, this is an exceptional opportunity to acquire a true turnkey multi-family investment with significant capital improvements already completed.
The home
- Type
- Investment
- Square footage
- 11220 sq ft
- Lot size
- 82.5 x 136 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Hot Water
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Driveway spaces
- 5
- Total parking
- 5
Taxes & other
- Property taxes
- $3,984/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- James St W and Edward St
- Neighbourhood
- 808 - Prescott
More
- MLS® number
- X13639696
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
235 James Street, Prescott, ON K0E 1T0
808 - Prescott, Prescott · Near James St W and Edward St
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Listing history for 235 James Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 235 James Street W
Answers come straight from this home’s MLS® listing.
How much is 235 James Street W listed for, and what would it cost each month?
235 James Street W is listed for $1,050,000. With 20% down ($210,000), the mortgage payment would be roughly $4,235 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,567 a month, all in. That figure is an illustration, not a quote.
Is 235 James Street W freehold or a condo, and is there a monthly fee?
235 James Street W is a investment in 808 - Prescott, Prescott. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 235 James Street W have a garage and parking?
Yes. The listing shows the garage as outside/surface. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
What style of home is 235 James Street W?
235 James Street W is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 235 James Street W, and what is the lot size?
The lot is listed as 82.5 x 136 ft.
How is 235 James Street W heated and cooled?
Heating is gas hot water. Cooling is yes.
What are the property taxes for 235 James Street W?
Property taxes are $3,984 a year (2025), or about $332 a month.
Where is 235 James Street W?
235 James Street W is in the 808 - Prescott community of Prescott. The nearest main intersection is James St W and Edward St. The postal code is K0E 1T0.
Is 235 James Street W still for sale?
Yes. It is an active listing (MLS® X13639696). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 235 James Street W asking?
Similar properties for sale nearby right now include 228 King Street W at $799,900, 232 King Street W at $799,900 and 408 East Street at $1,298,000 (8+3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 235 James Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 235 James Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 808 - Prescott, picked by style, size and price.
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Store w apt / office$799,900232 King Street W, Prescott808 - PrescottCourtesy of: RE/MAX DELTA REALTY TEAMView home →
Detached home$1,298,000408 East Street, Prescott8+3 bed · 5 bath · 808 - PrescottCourtesy of: ROYAL LEPAGE PROALLIANCE REALTYView home →Courtesy of: EXP REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.