56 Mary Street, Prince Edward County, ON
Property no longer active
This property was sold on February 18, 2026. 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 $1,250,000 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.
- 6 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 40.5 x 125 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Capability, Water Meter
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Welcome to 56 Mary Street in the heart of Picton, Prince Edward County. This meticulously maintained fourplex with its trademark sunflower hedge and picket fence has been a comfortable place from which tourists can explore, and short term guests have found a homey atmosphere. With plenty of parking and a location just steps from Main Street, this property is an excellent investment or, live in one unit and rent the remaining three. Zoned core commercial, and with a grandfathered Short Term Accommodation license for 10 guests, this property lends itself to a number of uses, including: commercial, residential, short or long term tenants. Currently the property is known as "Loyalist Lofts," featuring the "Picton" upper two-bedroom apartment, the "Wellington" main level two-bedroom apartment, the "Bloomfield" townhouse one-bedroom apartment, and a manager's one bedroom townhouse suite at the rear. The three cheerful guest suites are decorated with an eclectic style with cozy furnishings, comfortably sized bedrooms with high ceilings and original features, trim work, local artwork, fully stocked kitchens and cozy reading nooks for rainy days. Many improvements including roof (shingles 2022), upgraded electrical/new electrical panels and separately metered service (panels 2023) upgraded bathrooms and more! This property is being sold turnkey, with everything you need to start your journey as an AirBnb host - from furnishings to bed linens. We live where you vacation, you could live here too!
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Property Summary
This fourplex located at 56 Mary Street, Prince Edward County is currently for sale and has been available on SousaSells for 304 days. This property is listed at $1,250,000 with an estimated mortgage of $4,161* per month. It has 6 beds, 4 bathrooms, and is 3000-3500 square feet. 56 Mary 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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Parking & Garage
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Interior Features
Carpet Free, In-Law Capability, Water Meter, Water Heater, Storage, Separate Hydro Meter, Guest Accommodations
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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 56 Mary 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 $1,250,000 in Prince Edward County, the legal minimum down payment is $250,000 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 $21,475 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 $21,475.
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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.