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Picton Ward, Prince Edward County
$899,000
Steps from the restaurants and shops on Main Street, this timeless red-brick character home offers an exceptional value proposition, meticulously updated to "forever-home" standards with zero major capital expenses left to do. Enjoy complete peace of mind with a new steel roof (2024), Andersen composite windows (2024), full fencing (2023), and new mechanicals including furnace & water tank (2023). Additional high-value bonuses include a custom natural gas fireplace with a reclaimed barn wood mantel (2023), high-efficiency Bosch dishwasher (2022), and modern washer and dryer (2026). Relax among low-maintenance perennial gardens from your newly refinished front porch with railing (2023), custom gate (2024), and epoxy-coated front deck (2026). Unlocking endless opportunities, the property comes complete with multiple distinct living and functional spaces: a detached 4-season office or creative space (2023), a separate finished garage complete with a gas fireplace and vinyl flooring, plus a private studio apartment with a proven track record as a successful guest accommodation (5-star Superhost status), also perfectly appointed for an in-law or guest suite. Previous owners had the home separated into 3 distinct units (main floor studio, in-law studio & upstairs 2 bedroom), offering unmatched functional flexibility for a downtown property.Priced under $900k for an immediate, high-value fall opportunity, don't miss out on owning this turn-key, beautifully restored red-brick gem in the heart of downtown Picton.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $2,883 |
| Lot Size | 80.6 ft x 94.26 ft |
| mls© Number | X13676962 |
| Listed By | EKORT REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,601
- Property tax
- $240
- Heat allowance
- $150
- Housing costs
- $4,992 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$154,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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