68 Mary Street, Prince Edward County, ON
Property no longer active
This property was sold on May 28, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Picton Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,300,000 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 7 Bathrooms with 4 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 77 x 78 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Storage, Guest Accommodations, Separate Heating Controls
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
FOURPLEX IN THE HEART OF PICTON!! Currently under renovation - to be completed this Spring/Summer for your Short Term Accommodation (Airbnb) grand opening in 2025!! Welcome to Mary Street Guesthouse - a FOURPLEX with 4 separate, grandfathered, short-term accommodation (AirBnB) rental suites. Fully furnished, including: appliances, linens, kitchen items and furniture; this turnkey business and grandfathered STA is available for you! Live in one unit and rent the other 3 - or rent all 4. Your guests will enjoy prime location and walkability to all Picton has to offer, including fine dining, pizza & pubs, parks to explore, live music venues, museums, the theatre, & is only a 15 minute drive to Sandbanks beach! The Core Commercial zoning allows for commercial use or the continued use as short term or long term rentals. Charm and character have not been lost from the original 1851 structure, but upgrades over the years include: metal roof, furnishing units, plumbing & electrical, new heat pumps that provide heating and cooling, as well as aesthetic and functional renovation of the 4 townhouse suites currently underway!
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Property Summary
This multiplex located at 68 Mary Street, Prince Edward County is currently for sale and has been available on SousaSells for 457 days. This property is listed at $1,300,000 with an estimated mortgage of $4,327* per month. It has 8 beds, 7 bathrooms, and is 3500-5000 square feet. 68 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Park, Library, Place Of Worship, Rec./Commun.Centre
Interior Features
Storage, Guest Accommodations, Separate Heating Controls, Water Heater Owned, Water Meter, Carpet Free
Security Features
Smoke Detector, Carbon Monoxide Detectors
Community Features
Location
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 68 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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Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prince Edward County.
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About Purchasing a Home in Prince Edward County, ON
For a property listed at $1,300,000 in Prince Edward County, the legal minimum down payment is $260,000 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 $22,475 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 $22,475.
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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.