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Lots & Land in Prescott
About 0 (Lot 1) Railway Avenue
Your Dream Home Starts Here - Build in the Town of Prescott!Have you been dreaming about building your own home, downsizing into the perfect retirement retreat, OR designing a home that checks all the boxes, OR perhaps building a multi unit investment property. And what if you could do it right here in the Town of Prescott, with the convenience of municipal services and natural gas? Well, here's your opportunity! Located just off Josephine Street on Railway Avenue, this 50 ft. x 103 ft. building lot is ready and waiting for your vision and building plans. The lot is cleared, level and offers easy access, with an existing garage already on the property. Enjoy the convenience of connecting to municipal services and natural gas, all while being close to schools, parks, churches and everyday amenities. Need a little more room? There's an opportunity to expand! The adjoining lot is also available, offering an additional approximately 44 ft. x 103 ft. Purchase one lot or explore the possibility of securing both for a larger building footprint and added flexibility. Both properties are identified as Residential - R3 zoning (MPAC classification; municipal zoning should be independently verified). And here's an added incentive for those planning a new build! Eligible purchasers constructing a new home may also qualify for Ontario's enhanced HST rebate, subject to applicable requirements. The current eligibility window runs from April 1, 2026, through March 31, 2027. Please note that the HST rebate applies to the construction or purchase of an eligible new home, not to the purchase of the vacant building lot itself. Building lots within Town don't come along every day! Don't just dream about your next home - secure the property and start bringing those plans to life!Your vision. Your design. Your home. It all starts here!
Prescott land priced at $87,000 — book a tour to see if it fits your search.
Inside 0 (Lot 1) Railway Ave
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
5166.67
Listing & possession
Property class
Vacant Land
0 (Lot 1) Railway Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14161650$87,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 0 (Lot 1) Railway Ave Compares to the Prescott Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$427
/mo
based on the purchase price of $87,000
$17,400 cash
$69,600 financed
$58,621 total interest
Principal54%$69,600
Interest46%$58,621
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Book a tour of 0 (Lot 1) Railway Ave with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 0 (Lot 1) Railway Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings32Homes for sale here right now.
Median vs prior 90 days+28.5%Compared with May 13 – Aug 11, 2026: prices up.
Based on 28 sales from Aug 11 – Nov 9, 2026 (19 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 0 (Lot 1) Railway Ave
How much is 0 (Lot 1) Railway Ave listed for?
0 (Lot 1) Railway Ave is listed at $87,000 (MLS® X14161650). Summitly updates the price as soon as the MLS® record changes.
Has the price of 0 (Lot 1) Railway Ave changed?
No — 0 (Lot 1) Railway Ave is still listed at its original asking price of $87,000.
How many bedrooms and bathrooms does 0 (Lot 1) Railway Ave have?
The listing for 0 (Lot 1) Railway Ave doesn't publish its bedroom and bathroom count. It is a lot in Prescott.
How much would the monthly mortgage be on 0 (Lot 1) Railway Ave?
About $427 a month — principal and interest on $87,000 with 20% down ($17,400), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 0 (Lot 1) Railway Ave compare with other homes in Prescott?
Its asking price of $87,000 is about 81% below the median sold price in Prescott over the last 90 days, $453,500, across 28 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 0 (Lot 1) Railway Ave been sold before?
Summitly has no earlier MLS® sale or lease of 0 (Lot 1) Railway Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 0 (Lot 1) Railway Ave?
0 (Lot 1) Railway Ave is in Prescott, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 0 (Lot 1) Railway Ave been on the market?
1 day — 0 (Lot 1) Railway Ave was listed on November 8, 2026.
What is the land transfer tax on 0 (Lot 1) Railway Ave?
About $595 in Ontario land transfer tax at the asking price of $87,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 0 (Lot 1) Railway Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 0 (Lot 1) Railway Ave?
The listing for 0 (Lot 1) Railway Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Prescott.
When was 0 (Lot 1) Railway Ave built?
The listing for 0 (Lot 1) Railway Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
