125 Picton Main Street, Prince Edward County, ON

$1,200,000
MLS#:X10430838
3 beds
3 baths
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Picton Ward. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,200,000 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.

  • 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Premium 37.57 x 164.74 ft lot size
  • Features a ["crawl space", "partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["wall unit(s)"] central cooling and highly efficient forced air heating via electric

Strategically Located In The Heart Of Picton, right next to Tim Horton's, sits this unique Victorian building just oozing with possibilities. The old "Purtelleigh's Bakery" has been tastefully upgraded to include what could amount to be 4 separate units all with their own main floor entrances. The main east side entry is a lovely aesthetic store with towering glass sliding doors, warming fireplace and a Tenant eager to stay. The side door invites you in past an open sitting area that leads to a future 1-bedroom apartment or Air BNB with bedroom, open LR (with rm for kitchenette) and sparkling 3pc bath. The back porch entry leads to a huge newly renovated sun-filled area with a wide range of possible uses not limited to; retail, small business, offices or additional living space. The front west entrance is the highlight of the building boasting an amazing 2 bedroom second floor apartment that includes a renovated sunken kitchen w/fam size eat-in area, stately LR with wall mounted media niche, 2 nice size, beautifully decorated bedrooms, an open concept office area, stunning 3 pc bath and historical parlor room with a dry bar overlooking Main Street. Live & work right downtown or simply assume this versatile investment with income stream projections of well north of 150K per year. $$ Thousands spent on recent upgrades! & did I mention parking for at least 6 cars?

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 23, 2025
Sold price information is available to members only
Listed Date11/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Wood
Lot Size37.57 × 164.74 Feet
CountyPrince Edward County
Annual Tax$5,178.51
Legal DescriptionLT 278 PL 24 PICTON PT LOT 277 PL24 PICTON AS IN PE159695

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
Cooling["Wall Unit(s)"]

Features

Property Features

Golf, Hospital, Level, Marina, Park, Place Of Worship

Community Features

Location

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125 Picton Main Street, Prince Edward County, ON
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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 125 Picton Main Street, Prince Edward County, ON K0K 2T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$960,000
Monthly Mortgage$5,578
Property Tax (Est.)$432
Utilities & Maint.$350
Total Monthly Cost$6,360

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Prince Edward County.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Picton Ward, Prince Edward County.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$772,279

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Prince Edward
Public41 Barker Street, Picton, Ontario, K0K 2T0
4.4
St Gregory
Public7 Church Street, Picton, Ontario, M4N 1A5
4.3

Secondary Schools

Prince Edward
Public41 Barker Street, Picton, Ontario, K0K 2T0
2.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.