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Jeff Balys

jeff@balys.org +1(613) 795-3947

$ 865,000

Est. payment | -/mo

12 Beds

12 Baths

Save

$ 865,000

Est. payment | -/mo

Save

12 Beds

12 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Picton

MLS Listing ID X13863888

Style 2-Storey

Bedrooms 12

Annual Tax Amount $7,495

Tax Year 2025

Property Sub-Type Detached

Property Description

A RARE RESIDENTIAL AND DEVELOPMENT OPPORTUNITY IN THE HEART OF PICTON! Situated on a generous double lot in a desirable established residential neighbourhood, this property offers an exceptional combination of location, character, existing income potential and future development possibilities.Under the Picton Secondary Plan, the property is designated Town Residential, supporting a broad range of residential uses, subject to applicable zoning, approvals and municipal requirements. Given the size of the property, there may also be potential for severance or additional residential development, subject to municipal review and approvals. The existing circa-1880 residence offers plenty of character and an expansive layout featuring two separate two-bedroom apartments, making it an attractive option for an investor, multi-generational living or those looking to live in one unit while generating rental income from the other. The property also features an insulated double-car garage with room for a workshop and storage, abundant surfaced parking, a private fenced yard and a substantial double lot with ample space to explore future development options.For those simply looking for a prime residential property in a great Picton neighbourhood, this is an excellent opportunity to own a sizeable lot with an established home, mature setting and plenty of room to enjoy. For developers and investors, the property's planning designation, lot size and potential for severance or additional residential development add another layer of opportunity. Whether you're looking for a character-filled Picton home, an investment property or a property with future development potential, this one deserves a closer look. Bring your ideas and explore the possibilities!

Location

Province ON

County Prince Edward County

Area Prince Edward County

Rooms

Family Room Yes

Basement Apartment

Kitchen 3

Separate Den/Office 5

Interior

Interior Features Accessory Apartment, In-Law Suite, Workbench, Water Heater, Water Meter, Wheelchair Access

Cooling Other

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 2.0

Pool None

Roof Type Metal,Fibreglass Shingle

Lot Frontage 155.0

Lot Depth 104.0

Total Parking Spaces 10

Building

Building Age 100+

Foundation Poured Concrete

Others

ParcelsYN No

Listed by Royal Lepage Proalliance Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(613) 795-3947

jeff@balys.org

Ottawa Ontario, Canada

71 Queen ST Prince Edward County, ON K0K 2T0

Jeff Balys

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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71 Queen ST