Homula Realty Brokerage
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297 Park Street E, Prescott, ON K0E 1T0

3 beds · 2 baths · 1 kitchen · 8 rooms · 2 parking spaces · 1500-2000 sq ft · Detached
$435,000
Property tax
$2,204 / year

A rare offering, this beautifully restored stone home (circa 1840) blends timeless character with thoughtful updates. Rich in history, it showcases refinished original floors, a reconstructed railing, repointed stone exterior, deep-set windows, and an exposed interior stone wall that adds warmth and authenticity throughout. The kitchen has been left as a blank canvas-an opportunity to create a space perfectly suited to your lifestyle. Situated on a desirable double corner lot, the property presents exceptional future potential, including possible severance or space for a garage. Ideally located close to recreation, shopping, schools, and everyday amenities. Upstairs features three bedrooms, a newly updated bathroom, and access to a full attic with additional potential. A full basement with a stone foundation adds functionality. The main floor features elegant formal living and dining rooms, complemented by the convenience of main-floor laundry. Charming porches at the front, back, and side complete this one-of-a-kind home-an opportunity that truly needs to be experienced.

MLS number
X13051622
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
K0E 1T0
Photos
41
141days · this listing
283days · this property (2 listings)

This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

283 days on the market across 2 listings
This listing shows 141 days on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Wellington Elementary Public School
Upper Canada DSB
Elementary786 m7.8 / 10
78% met the standard
St. Mark Catholic School
CDSB of Eastern Ontario
Elementary905 m6.9 / 10
69% met the standard
South Grenville Intermediate School
Upper Canada DSB
Elementary862 mNot reported
South Grenville District High School
Upper Canada DSB
Secondary898 m5.8 / 10
58% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 460 people.

$60,000Median household income
68.8%Own their home
68.1%Detached houses
53.6Median age
7.4%Born outside Canada
12.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35070230 — the few blocks around this address, home to 460 people. It describes the area, not this property.

460Population
49Average age
2Household size
$75,500Average household income
$60,000Median household income
69%Own their home
31%Rent
4%Condominiums
7%Born outside Canada
12%University degree
$282,000Average home value
17%Low income
23%Never married
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,9998%
$25,000 to $29,9998%
$30,000 to $34,9996%
$35,000 to $39,9992%
$40,000 to $44,9996%
$45,000 to $49,9992%
$50,000 to $59,9998%
$60,000 to $69,9996%
$70,000 to $79,9998%
$80,000 to $89,9992%
$90,000 to $99,9998%
$100,000 and over19%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,9994%
$200,000 and over2%

Percentages are of the 265 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$87,000 · minimum here is $21,750
$1,926.09per month
Borrowed before insurance$348,000
Total borrowed$348,000
Interest over 25 years at 4.5%$229,826

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$1,384.75per month out of pocket
Rent$725.00
Everything it costs to hold$2,109.75
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX ABSOLUTE WALKER REALTY. Listing data provided by the Toronto Regional Real Estate Board.