84 Picton Main Street, Prince Edward County, ON

$569,000
MLS#:X8397230
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable store w apt/office located in the coveted neighborhood of Picton Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $569,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 39.7 x 79.2 ft lot size
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

Charming 1920's Brick Commercial Property on Main Street, Picton. Discover the perfect blend of historical charm and modern convenience with this unique commercial property, ideally located in the heart of Picton on Main Street, with great visibility from either direction. Built with bricks from the West Lake Brick Company, this two-storey building offers a total of 1,744 square feet of versatile space, making it an excellent choice for a variety of professional and retail uses. Prime Location: Excellent visibility on Main Street, ensuring high foot traffic and easy accessibility for clients and customers.Spacious Interior: The ground floor spans 1,000 square feet, while the second floor offers an additional 740 square feet, providing generous-sized rooms that can be configured to suit your specific needs. Historical Elegance: Originally a stately home, this property retains its beautiful staircase and flooring, adding a touch of historic charm to its commercial appeal. Modern Comforts: A brand-new gas furnace was installed this year, ensuring efficient heating throughout the building. All utilities are available.Convenient Amenities: Washrooms are available on both levels, enhancing the functionality of the space. Lot Size: The property sits on a 3,100 square foot lot, offering ample space for your business operations.Whether you envision a professional office, clinic, retail shop, or personal service establishment, this property provides the perfect canvas to bring your business dreams to life. Don't miss out on this rare opportunity to own a piece of Picton's history while enjoying the benefits of a prime commercial location.

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Key Features

Property Type
Commercial

Additional Details

StatusExtension
Listed Date6/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeStore W Apt/Office
Lot Size39.7 × 79.2 Feet
CountyPrince Edward County
Annual Tax$2,227.7
Legal DescriptionLT 765 PL 24 PICTON; PRINCE EDWARD

Parking & Garage

Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

Interior Features

Security Features

No

Community Features

Major Highway

Location

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84 Picton Main 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 84 Picton Main Street W, 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 Rate5.25%
Down Payment$31,900 (5.6%)
* Minimum Canadian down payment required for this price is $31,900.
Amortization Period25 Years
Estimated Monthly Payment$3,201Based on a loan of $537,100 over 25 years.
Purchase Price$569,000
Loan Amount$537,100
Provincial Land Transfer Tax:$7,855
Total Estimated Closing Taxes:$7,855

About Purchasing a Home in Prince Edward County, ON

For a property listed at $569,000 in Prince Edward County, the legal minimum down payment is $31,900 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 $7,855 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 $7,855.

Nearby Listings

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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$860,190

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.