126-128 Prescott Street

North Grenville, ON

3 bath • 2,340 sqft • Store W Apt/Office • 413 days on market

$1,095,000Price reduced 5%

Great opportunity to open the business you always dreamed of doing so some day! Don't make the mistake that many entrepreneurs' often do by working so hard to build the successful business of their dreams and then most of the value created by their hard work ends up benefiting the owner of the building they are renting for their business location. Build a great reputation for your special business and generate long term value you can count on when the time comes for you to enjoy a well deserved retirement because you can not only sell the successful business that you worked so incredibly hard to promote in this beautiful community but also sell a valuable building that you personally own. Or, rent out both spaces and enjoy a great investment opportunity in this well designed & highly renovated building that is located in a prime location of downtown Kemptville, one of the fastest growing communities in Eastern Ontario. Located near many other professional businesses, parks & communities facilities where many special community events happen. Surrounded by trendy cafes, boutique restaurant, and just next door to one of Canada's top financial institutions. The properties highly sought location includes a rare large lot with ample private parking and the neighborhood also features plenty of street parking and public parking lots. The commercial main level and the ultra luxurious residential 2-bedroom & 2-bathroom apartment unit (the 2-bedroom apartment presently rented at $2,400 per month) both feature many recent updates incl. air conditioners, flooring, light fixtures, bathroom vanities and so much more. The upper floor residential apartment features sparkling hardwood floors, a gourmet Kitchen with luxurious floor to ceiling cabinetry, granite countertops and high quality appliances. The ground floor offers 2 versatile commercial spaces totaling approx. 1,500 sq ft. Zoned C1-Downtown Commercial this property offers excellent flexibility for Developers & Investors.

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Listing Details

Taxes (2024): $4,167
Originally Listed: $1,150,000
Listed: July 9, 2025

Price History

Listing history

Property

Age: 100+
Lot Size: 32.91 x 163.2 Feet

Utilities

Sewer: Sanitary

Location & Legal

Cross Street: Clothier Street
Zoning: C1 - Downtown Commercial
Parcel Number: 681250244
Possession: Flexible

Commercial

Occupancy: Tenant
Office / Apartment Area: 840 Sq Ft

Included

Inclusions: Fridge, Stove, Dishwasher, Washer, Dryer, Blinds, Wardrobe in Master Bedroom, Hot Water tank, Blinds
Exclusions: Furniture
Rental Items: None

Community

Postal area K0G

Population: 39,862
Private dwellings: 19,411
Median age: 50.4
Average household size: 2.4
Median household income: $94,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in North Grenville · last 12 months

Median sold price: $643,000
Homes sold: 313
Median days on market: 30
Sale-to-list price: 97.5%

Based on 313 recorded sales of commercial properties in North Grenville over the last 12 months.

Listed by

RE/MAX HALLMARK REALTY GROUP

Location

Commercial figures

Building area: 2,340 sq ft
Price per sq ft: $467.95
Annual property tax: $4,167
Tax per sq ft: $1.78

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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