125 Picton Main Street, Prince Edward County, ON
Property no longer active
This property was sold on January 24, 2025. This listing is for reference purposes only. to view the sold price.
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
Description
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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Property Summary
This detached home located at 125 Picton Main Street, Prince Edward County is currently for sale and has been available on SousaSells for 606 days. This property is listed at $1,200,000 with an estimated mortgage of $3,994* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 125 Picton Main Street, Prince Edward County is in the Picton Ward neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
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Golf, Hospital, Level, Marina, Park, Place Of Worship
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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
Based on 0 recent similar sales in the pocket.
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 $1,200,000 in Prince Edward County, the legal minimum down payment is $240,000 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 $20,475 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 $20,475.
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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.