A pic of a room for 47 King St, Prince Edward County Ontario K0K 2T0
Re-listed 62 days ago

47 King St, Prince Edward County, Ontario K0K 2T0

Townhouse
9
7
~3500-5000 sqft
$•••,•••
$1,274,999
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Townhouse
9
7
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$309/sqft

Est. Mortgage$5,476/mo

Tax Amount (2024)$6,204/yr

Days On Market62 days

Total Days On Market294 days


Description

TURNKEY INVESTMENT OPPORTUNITY. Attention investors, this rare Seven-unit MULTIPLEX is ready for you to add to your portfolio. This property is essentially self-sufficient, with great tenants and fair market rent. 47 King St is a charming property with lovely gardens and wrought iron details. This 3 story, 4700+ square foot building holds three spacious 2-bedroom units and four 1-bedroom units, with rentable detached garage and surface parking for 5 cars. All units have hardwood floors, and have seen updates. The property can be accessed from the front and the back to all apartments, hallways are clean and tidy and carpets have recently been replaced. Lots of upside potential to increase rents as tenants turn over. This property is walkable to downtown Picton's main street with tons of shopping, restaurants, trails, grocery and so much more. Financials and unit photos available upon request. Come see why investing in Prince Edward County is a great opportunity! **EXTRAS** Financials/Interior Photos available upon request. Currently fully tenanted.


Property Details

Style3-Storey
View-
Age of property100+
SqFt~3500-5000 SqFt
Lot Size10,171 SqFt(164.35 x 61.89)
Parking Spaces6
MLS ®NumberX12003211
Community NamePicton
Data SourceTRREB
Listing byCHESTNUT PARK REAL ESTATE LIMITED

Features

Heating: Forced Air
Fireplace
Basement: Unfinished

Features

Lot size: 10,171 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 5

Total parking spaces 6


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
62 days on market
history photo preview32
Listing by trreb®
Property listed by CHESTNUT PARK REAL ESTATE LIMITED, Brokerage
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Market Data - Picton

Geo Zone Map ThumbnailPicton

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

99 days

Compared to

2024

21 days

2023

48 days

2022

19 days

New Listings

Past 30 days

14 listings

Compared to

2024

6 listings

2023

3 listings

2022

10 listings

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

1 unit

2022

7 units

Median Sold Price

Past 30 days

$605,000

Compared to

2024

$635,000

2023

$575,000

2022

$745,000


Population and Demographics

Overview

Total population 3452
Average household income $105,652

Age (%)

65 and plus
36%
50 to 64
22%
35 to 49
14%
20 to 34
14%
0 to 19
14%

Household composition (%)

Single family
53%
Single person
43%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
96%
Others
2%
French
1%

House tenancy (%)

Owners
55%
Renters
45%

Schools and amenities

Estimated Budget