11 Melville Road, Prince Edward County, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Hillier Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $299,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 339.9 x 171 ft lot size
- equipped with no central cooling and highly efficient none heating
Description
High-Exposure Gateway Commercial Site. Strategically located at a key entry point into Prince Edward County, this high-visibility corner property offers exceptional exposure for a wide range of commercial or mixed-use ventures.Situated on a prominent lot with dual access from Melville Road and County Road 1, the site benefits from consistent traffic flow entering the County from the Greater Toronto Area, while remaining within easy reach of Wellington, Picton, and major attractions such asSandbanks Provincial Park.The property features an existing structure with substantial capital improvements already completed, including approximately $130,000 invested in the roof, windows, doors, siding, and basement waterproofing. The interior is currently unfinished, providing a flexible shell that allows investors or business owners to configure the space according to their specific operational requirements.Local Commercial Zoning supports a variety of potential uses, including restaurant, retail, service-based businesses, or a mixed-use configuration incorporating residential components, subject to municipal approvals. The combination of zoning flexibility and an adaptable interior footprint creates strong potential for tailored development.Additional highlights include a dedicated parking area with street lighting and convenient dual-road access, supporting both customer flow and operational logistics.For investors and entrepreneurs seeking a high-profile location with strong visibility and the ability to customize from the ground up, this property presents a strategic opportunity within one of Ontario's most dynamic and evolving markets.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 11 Melville Road, Prince Edward County, ON K0K 2T0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Prince Edward County, ON
For a property listed at $299,000 in Prince Edward County, the legal minimum down payment is $14,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,960 for this transaction. As this listing is in Prince Edward County (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,960.
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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.