Picton Ward · K0K 2T0
$899,000
$180 / sq ft2 months on market
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DO NOT MISS THIS DEVELOPMENT OPPORTUNITY IN PICTON LOCATED ON A DOUBLE LOT IN THE HEART OF PRINCE EDWARD COUNTY! Under the Picton Secondary Plan, the property is designated Town Residential, supporting a wide range of residential uses. The existing building features attractive residential character and may be suitable for various housing formats, subject to applicable approvals and municipal requirements. This designation provides flexibility for developers, investors, and organizations seeking residential development opportunities in one of Prince Edward County's most desirable communities. This century home with an added two level extension offers an expansive layout including two apartments, both with two bedrooms. Additional highlights include an insulated double car garage providing extra space for a workshop and storage, abundant surfaced parking, a private fenced in yard and a generous double lot with plenty of room to develop.This property is brimming with potential and possibilities and is located just a few blocks from Main Street in Picton. This is a rare offering!
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This home is priced below most comparable listings — about 15% of comparable multi-unit / investment listings in Prince Edward County are asking less.
Based on 13 comparable active multi-unit / investment listings in Prince Edward County. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $899,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Chestnut Park Real Estate Limited. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.