2 Third Street, Prince Edward County, ON

$549,900
MLS#:X12172469
4 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 4, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hallowell Ward. Expertly crafted featuring premium vinyl siding and aluminum siding construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 97.64 x 120 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautifully updated and well maintained 4-bedroom, 2-bathroom home, located in a quiet neighbourhood on the edge of Picton. Situated at the end of a dead-end street, this property offers the best of both worlds, combining the convenience of in-town living with the privacy and peace & quiet of the country. Step inside to discover a bright & inviting main level, featuring tasteful modern finishes and thoughtful updates throughout. The open-concept layout is perfect for both family living and entertaining, while large windows fill the home with natural light, creating a warm atmosphere. The fully finished lower level provides ample additional living space, complete with a walk-out to the backyard - ideal for a family room, home office, or potential in-law suite. With its own entrance, this area offers versatility for multi-generational living or guest accommodations. Enjoy outdoor living at its finest on the expansive deck, overlooking the large, fully fenced yard - perfect for children, pets, and summer gatherings. The property also boasts a generous 2-car garage, providing ample storage and parking. Enjoy peace-of-mind with the efficient natural gas heating, and municipal water and sewer services. Conveniently located to all Prince Edward County has to offer, and minutes from downtown Picton's amenities and the scenic Millennium Trail, providing easy access to shops, restaurants, schools, and recreational opportunities. Whether you're looking for a peaceful retreat or a family-friendly space close to everything, this impressive property has it all!

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Property Summary

This detached home located at 2 Third Street, Prince Edward County is currently for sale and has been available on SousaSells for 417 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 2 Third Street, Prince Edward County is in the Hallowell Ward neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 4, 2025
Sold price information is available to members only
Listed Date5/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Aluminum Siding
BasementFinished with Walk-Out, Full
Lot Size97.64 × 120 Feet
CountyPrince Edward County
Annual Tax$2,731.04
Legal DescriptionPT LT 31 PL 11 HALLOWELL PT 2 47R6349; LT 30 PL 11 HALLOWELL; LT 145 RCP 28 HALLOWELL; PRINCE EDWARD

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Sump Pump

Security Features

Community Features

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Location

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2 Third 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 2 Third 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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Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prince Edward County.

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Interest Rate4.00%
Down Payment$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Prince Edward County, ON

For a property listed at $549,900 in Prince Edward County, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$825,935

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

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Secondary Schools

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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.