35 King Street, Prince Edward County, ON
Property no longer active
This property was sold on October 4, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Picton Ward. Expertly crafted featuring premium brick 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.
- 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 82 x 165 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Separate Hydro Meter
- Efficient baseboard heating via gas
Description
Welcome to 35 King Street, a classic century home in the heart of historic downtown Picton. This stately brick residence has been thoughtfully maintained and retains much of its original charm and character. Spanning nearly 5,000 square feet of finished living space, the home has been converted into four spacious two-bedroom apartments, each with its own private entrance and fireplace, offering a rare combination of elegance, privacy, and functionality. Large windows throughout flood the interiors with natural light, highlighting original hardwood floors and timeless architectural details. The beautifully landscaped lot is framed by mature trees, providing ample shade and curb appeal, while concrete walkways lead to a rear yard, driveway and two detached garages. Ideally located on a quiet street just steps from all the action, residents enjoy the best of both worlds: peace and tranquility within walking distance to Picton's vibrant shops, restaurants, and amenities. A unique opportunity to invest in a well-preserved property with exceptional potential for rental income or multi-generational living in one of Prince Edward County's most desirable neighborhoods.
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Property Summary
This fourplex located at 35 King Street, Prince Edward County is currently for sale and has been available on SousaSells for 340 days. This property is listed at $1,200,000 with an estimated mortgage of $3,994* per month. It has 8 beds, 4 bathrooms, and is 3500-5000 square feet. 35 King 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
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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 35 King 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.