71 Queen Street, Prince Edward County, ON
Property Highlights
Welcome to this remarkable 2-Storey other located in the coveted neighborhood of Picton. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $999,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 17 Bedrooms and 12 Bathrooms with 3 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 155 x 104 ft lot
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, In-Law Suite, Workbench
- Efficient baseboard heating via gas
Description
DO NOT MISS THIS DEVELOPMENT OPPORTUNITY IN PICTON LOCATED ON A DOUBLE LOT IN THE HEART OF PRINCE EDWARD COUNTY! Under the Picton Secondary Plan, the property is designated Town Residential, supporting a wide range pf residential uses. The existing building features attractive residential character and may be suitable for various housing formats, subject to applicable approvals and municipal requirements. This designation provides flexibility for developers, investors, and organizations seeking residential development opportunities in one of Prince Edward County's most desirable communities. Dating back to 1880, the main residence offers an expansive layout including two apartments, both with two bedrooms. Additional highlights include an insulated double car garage providing extra space for a workshop and storage, abundant surfaced parking, a private fenced in yard and a generous double lot with plenty of room to develop.This property is brimming with possibilities. Don't miss your chance to own a piece of Picton's rich history. Schedule your private tour today!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Accessory Apartment, In-Law Suite, Workbench, Water Heater, Water Meter, Wheelchair Access
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Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 71 Queen Street, Prince Edward County, ON K0K 2T0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Prince Edward County, ON
For a property listed at $999,000 in Prince Edward County, the legal minimum down payment is $74,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,455 for this transaction. As this listing is in Prince Edward County (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
