483 Highway 49 Road

Prince Edward County, ONDetached
$675,000
MLS® X13864758
Detached5 beds2 baths6 total
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About This Property

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. (id:63604)

Key Facts

Type
Detached
Beds
5
Baths
2
Size
2,500 sqft
Lot
89.5 x 369.2 FT; Irregular shape
Parking
6 total

Highlights

  • Water meter
  • Water Heater
Property Details 18 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
2 bathrooms
Parking
6 parking spaces
No Garage
Living area
2,500 - 3,000 sq. ft.
Property
Single Family · Freehold · Detached
Property subtype
Single Family
Structure type
House
Ownership
Freehold
Attached status
Detached
Storeys
2
Basement
Unfinished
Heating
Natural gas
Fireplace
No
Lot dimensions
89.5 x 369.2 FT; Irregular shape
Frontage
89.60 feet
Taxes
$1,443.86 (2,025)
Zoning
R1
Water source
Municipal water
Sewer
Septic System

Interior features

Water meterWater Heater

Exterior features

Vinyl sidingStone

Systems and association

SewerElectricity

Lot and water

Irregular lot sizeSloping
Mortgage & Affordability Estimate monthly costs
Purchase price$675,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Hallowell Ward
City
Prince Edward County
Postal code
K0K 2T0
Nearby
Cross Streets: Picton Main St & Fawcett Ave. ** Directions: From Main St Picton head East to #483.