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Strategically Located In The Heart Of Picton, right next to Tim Horton's, sits this unique Victorian building just oozing with possibilities. The old "Purtelleigh's Bakery" has been tastefully upgraded to include what could amount to be 4 separate units all with their own main floor entrances. The main east side entry is a lovely aesthetic store with towering glass sliding doors, warming fireplace and a Tenant eager to stay. The side door invites you in past an open sitting area that leads to a future 1-bedroom apartment or Air BNB with bedroom, open LR (with rm for kitchenette) and sparkling 3pc bath. The back porch entry leads to a huge newly renovated sun-filled area with a wide range of possible uses not limited to; retail, small business, offices or additional living space. The front west entrance is the highlight of the building boasting an amazing 2 bedroom second floor apartment that includes a renovated sunken kitchen w/fam size eat-in area, stately LR with wall mounted media niche, 2 nice size, beautifully decorated bedrooms, an open concept office area, stunning 3 pc bath and historical parlor room with a dry bar overlooking Main Street. Live & work right downtown or simply assume this versatile investment with income stream projections of well north of 150K per year. $$ Thousands spent on recent upgrades! & did I mention parking for at least 6 cars?
City: Prince Edward County
Neighborhood: Picton
Purchase Price | $1200000 |
Down Payment | $240000 |
Mortgage Insurance | $0 |
Total Mortgage | $960000 |
Mortgage Payment | $5916 |
Property Taxes | $432 |
Maintenance Fees | $0 |
Monthly Payment | $6347 |
Sold Comparables homes near 125 Picton Main St, Prince Edward County
Located at 125 Picton Main St , this Prince Edward County house is available for sale. This property was listed for $1,200,000 on Tue Nov 19 2024. This house's size is 37.57 x 164.74 Feet. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Office, Living, Br, Family, Br, Prim Bdrm, Kitchen, Living, Office, Games. This property comes with 6 parking spots. 125 Picton Main St, Prince Edward County is situated in the Picton neighbourhood.
MLS#: X10430838 · $1,200,000 · 3 bedroom house in Picton, Prince Edward County