52 PICTON MAIN Street, Prince Edward County, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Picton Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,049,900 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.
- 9 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 49.5 x 134 ft lot
- Features a exposed rock, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Accessory Apartment, In-Law Suite
- equipped with window unit(s) central cooling and highly efficient baseboard heating via electric
Description
Welcome to an exceptional 5-plex investment opportunity in the heart of Prince Edward County, in vibrant Picton. This property features two beautifully designed and furnished units rental units that have stood out as short term accomodations or can be standard rentals for those looking at a traditional investment. These truly stand out with stylish décor and modern finishes to impress everyone. These high-performing units are proven income generators, offering private yard spaces that enhance guest experience and drive repeat bookings. The remaining three residential units provide stable, long-term rental income, creating a perfect balance of cash flow and appreciation potential.Spring in Prince Edward County is a major draw, bringing visitors eager to explore award-winning wineries, scenic cycling routes, and the stunning landscapes of nearby Sandbanks Provincial Park. The area comes alive with farmers' markets, artisan shops, and seasonal events that attract a steady stream of tourists, making this an ideal location for short-term rental success.Whether you're looking to expand your portfolio or step into a turnkey investment with strong income streams and growth potential, this property offers the best of both worlds in one of Ontario's most sought-after destinations.
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Accessory Apartment, In-Law Suite
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 52 PICTON MAIN Street, Prince Edward County, ON K0K 2T0
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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 $1,049,900 in Prince Edward County, the legal minimum down payment is $209,980 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 $17,473 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 $17,473.
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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.