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47 King Street
Picton Ward Prince Edward County K0K 2T0

$1,199,000
Residential Freehold beds: 9 baths: 7.0

Main Photo: 47 King Street in Prince Edward County: Picton Ward House for sale : MLS®# X12515902
Photo 1: 47 King Street in Prince Edward County: Picton Ward House for sale : MLS®# X12515902
Photo 2: 47 King Street in Prince Edward County: Picton Ward House for sale : MLS®# X12515902
Photo 3: 47 King Street in Prince Edward County: Picton Ward House for sale : MLS®# X12515902
Photo 4: 47 King Street in Prince Edward County: Picton Ward House for sale : MLS®# X12515902
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12515902
Bedrooms:
9
Bathrooms:
7
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.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Approx. Age:
100+
Total Approx Floor Area:
3500-5000
Lot Depth:
164'4"
Lot Frontage:
61'11"
Lot Shape:
Rectangular
Direction Faces:
North
Bedrooms:
9
Bathrooms:
7.0
Water supply:
Municipal
Kitchens:
7
Bedrooms Above Grade:
9
Kitchens Above Grade:
7
Rooms Above Grade:
37
Zoning:
R3
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block, Stone
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace/Stove:
Yes
Garage:
Detached
Garage Spaces:
1.0
Parking Features:
Private
Parking Spaces:
5
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$6,204.45 / 2025
Assessment:
$- / -
Prince Edward County
Prince Edward County
Picton Ward
Beach, Golf, Hospital, Library, Rec./Commun.Centre, School
Carpet Free, Water Heater Owned
Year Round Living
Vinyl Siding
Utilities Cable:
Yes
Utilities Telephone:
Yes
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Nov 06, 2025
Original Price:
Previous Price:
  • Photo 1: 47 King Street in Prince Edward County: Picton Ward House for sale : MLS®# X12515902
    Photo 1 of 4
  • Photo 2: 47 King Street in Prince Edward County: Picton Ward House for sale : MLS®# X12515902
    Photo 2 of 4
  • Photo 3: 47 King Street in Prince Edward County: Picton Ward House for sale : MLS®# X12515902
    Photo 3 of 4
  • Photo 4: 47 King Street in Prince Edward County: Picton Ward House for sale : MLS®# X12515902
    Photo 4 of 4
Listed by CENTURY 21 LANTHORN REAL ESTATE LTD.
Data was last updated December 7, 2025 at 08:15 PM (UTC)
Tracy Hemus
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