31 Ackerman Street, Prince Edward County, ON

$639,000
MLS#:X11893976
4 beds
3 baths
3000-3500 sqft
6.0 parking
Residential Freehold
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Property no longer active

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

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Picton Ward. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $639,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 60.95 x 111.53 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Incredible Value in this 3000 Sq Ft Bungalow is situated in a well-established neighbourhood, where each house is unique and built with integrity. Here, you have walking access to all of Picton's downtown while enjoying living in a modern home - completed in 2008. The floor plan of this home is impeccable, with a large primary bedroom, ensuite & walk in closet, main floor laundry room, ample storage, interior access to the attached garage... the list goes on and on! The basement is equally convenient and features 2 large entertainment rooms, a full bathroom, bedroom, library and a workshop! Every room is large and brightly lit, with an abundance of windows throughout. A little flooring update would go a long way, and would bring this home to a whole new level. This is an Estate Sale, with flexible / immediate closing available.

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Property Summary

This detached home located at 31 Ackerman Street, Prince Edward County is currently for sale and has been available on SousaSells for 579 days. This property is listed at $639,000 with an estimated mortgage of $2,127* per month. It has 4 beds, 3 bathrooms, and is 3000-3500 square feet. 31 Ackerman 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

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 4, 2025
Sold price information is available to members only
Listed Date12/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick Front, Vinyl Siding
BasementFull, Finished
Lot Size60.95 × 111.53 Feet
CountyPrince Edward County
Annual Tax$4,382.76
Legal DescriptionPCL PLAN-1 SEC 47M3; LT 3 PL 47M3 PICTON; PRINCE EDWARD

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Beach, Marina, Rec./Commun.Centre, Park

Interior Features

Auto Garage Door Remote, Central Vacuum, In-Law Capability, Primary Bedroom - Main Floor, Storage, Sump Pump

Security Features

Community Features

Location

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31 Ackerman 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 31 Ackerman 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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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$191,700 (30.0%)
* Minimum Canadian down payment required for this price is $38,900.
Amortization Period30 Years
Estimated Monthly Payment$2,127Based on a loan of $447,300 over 30 years.
Purchase Price$639,000
Loan Amount$447,300
Provincial Land Transfer Tax:$9,255
Total Estimated Closing Taxes:$9,255

About Purchasing a Home in Prince Edward County, ON

For a property listed at $639,000 in Prince Edward County, the legal minimum down payment is $38,900 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 $9,255 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 $9,255.

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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$822,529

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.