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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

5 Beds

2 Baths

0.5 Acres Lot

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Est. payment | -/mo

Save

5 Beds

2 Baths

0.5 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Hallowell Ward

MLS Listing ID X12856498

Style 2-Storey

Bedrooms 5

Annual Tax Amount $1,443

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Detached

Property Description

Attention developers, investors, and builders-this is a rare opportunity within the town limits of Picton. Set on approximately .84 acres with municipal water and sewer, this property presents exceptional redevelopment potential in one of the most sought-after communities inPrince Edward County. While a house currently exists on the property, the highest and best use is redevelopment. The Official Plan supports future residential intensification, and preliminary discussions with a private planner indicate the site could potentially support 8-10residential units through rezoning to R3 or R4. A concept plan is being prepared outlining the potential for a three-storey, three-unit residential building at the front of the property, with additional townhouse units positioned further back on the land. Large parcels with full municipal services inside Picton's settlement boundary are increasingly rare, making this a compelling opportunity for those looking to participate in the continued growth of the community. Notes: House is on a septic, but town sewer is available. Current structure and outbuildings being sold where is, as is.

Location

Province ON

County Prince Edward County

Area Prince Edward County

Zoning R1

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned, Water Meter

Cooling None

Inclusions N/A.

Exterior

Parking Features Private Double

Pool None

Roof Type Metal

Lot Frontage 89.52

Lot Depth 369.24

Total Parking Spaces 6

Building

Building Age 100+

Foundation Stone

Others

Senior Community No

ParcelsYN Yes

Listed by Harvey Kalles Real Estate Ltd.

Schools and Properties Nearby

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+1(647) 493-3579

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483 Highway 49 RD Prince Edward County, ON K0K 2T0