71 King Street, Prince Edward County, ON

$1,199,000
MLS#:X9368538
4 beds
2 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Picton Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 53 x 118 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, In-Law Capability, Storage
  • equipped with window unit(s) central cooling and highly efficient radiant heating via gas

Description

Step into this beautifully updated 2.5-story brick home, where timeless charm meets modern luxury. Its stunning curb appeal is enhanced by a restored front porch, vibrant flower gardens, and mature trees that create a warm welcome. As you enter, you're greeted by a traditional foyer and a striking staircase with mission-style mouldings and intricate wood details, leading you into a perfect layout for both cozy living and entertaining. Original hardwood floors, soaring ceilings, and large windows infuse the space with warmth and comfort. The open-concept living and dining areas are ideal for hosting memorable gatherings from the custom kitchen's updated cabinetry, sleek countertops, high-end appliances, and spacious island. The main level also features a convenient 3-piece bathroom with glass shower and laundry facilities, as well as a fabulous office/family room that opens directly to the deck and backyard. On the second floor, you'll discover 3 bright bedrooms and a refreshed 4-piece bathroom with modern tile and fixtures. The uppermost level offers a unique loft space that can easily function as a luxurious primary suite with a cozy office/sitting area, a playful kids zone, or a creative studio, complete with a fireplace and generous closet space. The basement provides additional flex space, perfect for a home theatre, fitness area, or recreation room, along with ample storage thanks to custom shelving. Step outside to a serene backyard surrounded by perennial gardens, featuring a spacious stone patio ideal for relaxing evenings by the fire. The carriage house garage, equipped with a new concrete floor and power, offers endless possibilities for a studio/workshop or future bunkie. Located just a block from Main Street, you can easily stroll downtown to explore the County's best boutiques, galleries, and renowned farm-to-table dining options. With its refined interiors, abundant space, and prime location, this property could also serve as an exceptional B&B.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 1, 2024
Sold price information is available to members only
Listed Date9/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionBrick
BasementFull, Unfinished
Lot Size53 × 118 Feet
CountyPrince Edward County
Annual Tax$3,417
Legal DescriptionPT LT 304-305 PL 24 PICTON PT 1 47R5631; PEC

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingWindow Unit(s)

Features

Property Features

Arts Centre, Fenced Yard, Library, Park, Rec./Commun.Centre, School

Interior Features

Carpet Free, In-Law Capability, Storage, Sump Pump, Upgraded Insulation, Water Heater Owned

Security Features

Community Features

Location

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71 King Street, Prince Edward County, ON
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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 King Street, Prince Edward County, ON K0K 2T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prince Edward County.

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Interest Rate5.25%
Down Payment$239,800 (20.0%)
* Minimum Canadian down payment required for this price is $239,800.
Amortization Period25 Years
Estimated Monthly Payment$5,716Based on a loan of $959,200 over 25 years.
Purchase Price$1,199,000
Loan Amount$959,200
Provincial Land Transfer Tax:$20,455
Total Estimated Closing Taxes:$20,455

About Purchasing a Home in Prince Edward County, ON

For a property listed at $1,199,000 in Prince Edward County, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.

Nearby Listings

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No current listings found in Prince Edward County.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Picton Ward, Prince Edward County.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$788,920

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.