<-- style PDP --> 47 King Street, Prince Edward County - Multiplex for sale for $1,025,000
  • sold
  • leased

47 King Street

Prince Edward County, Ontario, K0K 2T0 - Picton Ward

$1,025,000$000000

  • Neighbourhood

    Picton Ward

  • Major Intersection

    King St between Bowery and Elizabeth

  • Listed Since: 164 day(s)

  • Last update: 110 day(s) ago

Overview

  • Property Type

    Multiplex, 3-Storey

  • Bedrooms

    9

  • Bathrooms

    7

  • Basement

    Unfinished

  • Kitchen

    7

  • Total Parking

    6 (1 Detached Garage)

  • Lot Size

    61.89x164.35 (Feet)

  • Taxes

    $6,204.45 (2025)

  • Type

    Freehold

Property Description

Property description for 47 King Street, Prince Edward County

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.

Listed by Century 21 Lanthorn Real Estate Ltd.

  • MLS #

    X13207660

  • Sq. Ft

    3500-5000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    100+

  • Pool

    None

  • Drive

    Private

  • Garage

    Detached, 1 spaces

  • Total Parking

    6

  • Family Room

    N

  • Den

    N

  • Exterior

    Vinyl Siding

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete Block, Stone

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • MLS #

    X13207660

  • Sq. Ft

    3500-5000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    100+

  • Pool

    None

  • Drive

    Private

  • Garage

    Detached, 1 spaces

  • Total Parking

    6

  • Family Room

    N

  • Den

    N

  • Exterior

    Vinyl Siding

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete Block, Stone

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 47 King Street, Prince Edward County

This property has been sold 9 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2026-05-28
$977,231
0.00%

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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