Welcome to this remarkable sale of business located in the coveted neighborhood of Picton Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $60,000 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.
An exceptional opportunity to acquire THE MERCHANT PEC, a well-established and thoughtfully branded lifestyle retail business located in the heart of downtown Picton, Prince Edward County. Known as a place that welcomes all, The Merchant PEC has built a strong local following and steady visitor traffic through its unique, experience-driven model.The business offers a curated shopping experience featuring ethically sourced and sustainable garments and goods, complemented by Bay Barbers, an in-shop bar, and a vibrant, eclectic atmosphere that encourages community connection. The space is also regularly used for special events, pop-ups, and private gatherings, providing multiple revenue streams and future growth potential. Operating from a leased downtown location with excellent visibility and foot traffic, the business benefits from Picton's year-round tourism, proximity to restaurants, wineries, and cultural attractions, and a loyal repeat customer base. This is an ideal acquisition for an owner-operator, creative entrepreneur, or investor seeking a turnkey business with a strong brand identity, established operations, and room to scale. Business Highlights: 1 - Recognized and respected PEC lifestyle brand 2 - Curated retail: ethical & sustainable apparel and goods 3 - On-site barbershop and in-shop bar 4 - Event-ready space with flexible programming 5 - Leased downtown Picton location 6 - Multiple revenue streams 6 - Strong community presence and tourism exposure Sale includes: business name, brand, goodwill, fixtures, and operational systems (inventory and financials available upon request). A rare chance to step into a thriving, community-rooted business in one of Ontario's most desirable small-market destinations.
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Data-driven valuation for 167 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.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prince Edward County.
About Purchasing a Home in Prince Edward County, ON
For a property listed at $60,000 in Prince Edward County, the legal minimum down payment is $3,000 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 $325 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 $325.
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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.