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47 KING STREET, Prince Edward County (Picton Ward)
2026-05-28
Quick Summary
- Location
- 47 KING STREET, Prince Edward County (Picton Ward), Ontario K0K2T0
- Price
- $1,025,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 3500 - 5000 sqft
- Bedrooms:
- 9
- Bathrooms:
- 7
- Garages:
- 6
MLS®#X13207660
Property 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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Beach, Golf Nearby, Hospital, Schools
Building
- Appliances: Water Heater
- Basement Development: Unfinished
- Basement Type: N/A (Unfinished)
- Cooling Type: None
- Exterior Finish: Vinyl siding
- Fireplace: Yes
- Interior Size: 3500 - 5000 sqft
- Building Type: Other
- Stories: 3
- Utility Water: Municipal water
Features
- Feature: Carpet Free
Land
- Land Size: 61.9 x 164.4 FT
- Sewer: Sanitary sewer
Zoning
- Description: R3
Information entered by Century 21 Lanthorn Real Estate Ltd.
Listing information last updated on: 2026-05-28 14:32:25
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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