92 days on market
$1,199,000
For Sale

47 King St

Picton Ward, Prince Edward County

9+null Bed|7 Bath|Yes|92 days on market

$1,199,000

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Home Details

Taxes
$518 / month
Total Parking Spots
6
Driveway
Private
Garage Spaces
1
Furnished
No
Lot Size
61.89 x 164.35 Feet
Move-in Date
Flexible
Building Age
100+ Years
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Unfinished
Fireplace
Y
Air Conditioning
None
Central Vaccum
No
Exterior
Vinyl Siding
Zoning
R3
Sewer
Sewers
Property Type
Multiplex
Style
3-Storey
Status
New
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Listing Description

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 History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Oct 27, 2025101$1,950N/ANewX12486911
Jun 3, 2025153$1,199,000N/AExpiredX12193077
Mar 5, 202588$1,274,999N/ATerminatedX12003211
Jan 10, 202554$1,299,000N/ATerminatedX11916860
Jul 17, 2024147$1,299,000N/AExpiredX9042579

Rooms

Room dimensions for 47 King St, Prince Edward County
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Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 47 King St is 6428

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Total Mortgage


Purchase Price$1199000
Down Payment$239800
Mortgage Insurance$0
Total Mortgage$959200

Monthly Payment


Mortgage Payment$5911
Property Taxes$517
Maintenance Fees$0
Monthly Payment$6428
$6428
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About 47 King St, Prince Edward County

Located at 47 King St , this Prince Edward County house is available for sale. This property was listed for $1,199,000 on Thu Nov 06 2025. This house's size is 3500-5000 Sqft. It has 9 bedrooms and 7 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 47 King St, Prince Edward County is situated in the Picton Ward neighbourhood.


MLS#: X12515902 · $1,199,000 · 9 bedroom house in Picton Ward, Prince Edward County