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MLS® X13863888
Prince Edward County, ON
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!
Inclusions
negotiable
Broker
Royal LePage ProAlliance Realty
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Detached
71 Queen Street Prince Edward County
Prince Edward County
Built
100+
Type
Detached
Basement
Apartment
Parking
Detached (10)
Property Tax
~$7,495/yr
Heating
Baseboard
Buying Essentials
Square Feet
4250 sqft
Facing Direction
West
Parking
Detached (10)
Finances
List Price
$799,000
Price per SQFT
$188/sqft
Property Tax
~$7,495/yr
Property Specs
Property Type
Detached
MLS Size
4250 sqft
Age of Building
100+
Basement
Apartment
Living & Amenities
Heating Type
Baseboard
Features
Accessory Apartment · In-Law Suite · Workbench · Water Heater · Water Meter · Wheelchair Access
Policies & Utilities
Neighbourhood
Prince Edward County
Listed On
Oct 5, 2026
Days on Market
Current: 33 days
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