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Picton, Prince Edward County
$969,000
A rare opportunity in Prince Edward County: a fully furnished, turnkey 5-bedroom farmhouse combining timeless County character with a coveted Whole-Home STA licence and approximately $150,000 in gross rental revenue for 2026. Just minutes from downtown Picton and its celebrated restaurants, cafes, boutiques and The Royal Hotel, the property offers more than 3,000 sq. ft. of beautifully renovated living space in one of the County's most desirable and convenient locations. Inside, original details including crown mouldings, tall baseboards and a grand staircases peak to the home's heritage, while thoughtful renovations and curated furnishings give it a relaxed, sophisticated feel. Generous living spaces are designed for gathering, from the formal dining room and elegant sitting room to a loft-style lounge with a sunken TV area. The dining room opens to a private deck and backyard retreat complete with a hot tub and raised-deck, on-ground pool-an inviting setting for long summer afternoons, dinners outdoors and evenings under the stars. Upstairs, five spacious bedrooms offer plenty of room for family and guests, while a walk-up attic provides additional potential. Turnkey, income-producing and minutes from the heart of Picton-this is County living with investment upside already built in.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $4,151 |
| Lot Size | 115 ft x 182.8 ft |
| mls© Number | X13805380 |
| Listed By | CHESTNUT PARK REAL ESTATE LIMITED |
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%
- $4,960
- Property tax
- $346
- Heat allowance
- $150
- Housing costs
- $5,456 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$168,000
gross annual household income
- Payment at 4%
- $4,078 / mo
- Cash down
- $193,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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