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$1,025,000
Ontario,Prince Edward County (Picton Ward)
For Sale Active
47 KING STREET, Prince Edward County (Picton Ward), Ontario K0K2T0
  • 9
  • 7
  • 3500 - 5000Square Feet
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Basic Details
Description

BEING SOLD AS A POWER OF SALE: Projected cap rate ABOVE 6%. Rare opportunity to own a tenanted, seven-unit multiplex in Prince Edward County. Located at 47 King Street, this 5,000+ sq ft property features three 2-bedroom units and four 1-bedroom units, all with hardwood floors and updated interiors. Bonus income potential with a rentable detached garage and five private

surface parking spaces. The building is secure, with dual front and rear access to all units. Tenants are stable and rents are at fair market rates. Set on a charming lot with mature gardens and wrought iron details, this property is just a short walk to downtown Picton’s shops, restaurants, trails, and amenities. Projected financials are available upon request. A solid addition to any investment portfolio in a fast-growing area. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12767110
  • Price: $1,025,000
  • Bedrooms: 9
  • Bathrooms: 7
  • Square Footage: 3500 - 5000 Sqft
  • Status: Active
  • Office Name: CENTURY 21 LANTHORN REAL ESTATE LTD.
  • Property Sub Type: Multi-family
  • Office Key: 52589
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Unfinished, N/A
  • Parking: Detached Garage, Garage
  • Exterior Features: Vinyl siding
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Prince Edward County (Picton Ward), K0K2T0
  • Street: King
  • Street Number: 47
  • Street Suffix: Street
  • Longitude: W78° 51' 20.3''
  • Latitude: N44° 0' 28.5''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 61.9 x 164.4 FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 6204.45
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Listing updated: 2026-03-10 02:01:56
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Listing Information
  • List Agent Key: 2145961
  • List Office Key: 52589
  • Modification Timestamp: 2026-02-06T20:35:24Z
  • Originating System Name: Central Lakes Association of REALTORS®
  • Status Change Timestamp: 2026-02-06T20:21:01Z
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Listing updated: 2026-03-10 02:01:56
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