$749,900

$775,000For salePrice drop↓ $25,100 (3%)

1116 COUNTY RD 8, Prince Edward County (Picton) - Single Family for Sale

1116 COUNTY RD 8, Prince Edward County (Picton), Ontario, K0K2T0

5 beds3 baths5 parking1,300 ft²206 × 348 ft (1.64 acres) lot sizeListed 40 days ago

Overview

This 5-bedroom, 3-bathroom home in Prince Edward County is for sale offering roughly 1,300 sq ft of space. Listed at $749,900, it is attractively priced about 11% below the $845,000 median asking price in Prince Edward County. It has been on the market 40 days, fresher than the Prince Edward County average of 75 days.

Houses for Sale in Prince Edward County →All real estate in Prince Edward County →

Description

Just south of Picton, on beautiful County Rd 8, this modern 5 bedroom bungalow sits on 1.6 acres. 2780 square feet, fully finished with 3 baths and move in ready. Professionally landscaped yard with drive in/out access and a 2 car garage with inside entry. The front foyer welcomes you to an open main floor area with a sun filled eat in kitchen and adjoining sunroom, south facing deck and covered living pavilion over looks a large professionally fenced private green belt area ideal for free range pets. Spacious living room and dining room with hardwood floors,fireplace, master bedroom with walk in closet and a large en suite with 2 more bedrooms and bathrooms on this floor. The lower level is new and completely refurbished with a high ceiling, airy and a large rec room. 2 more bedrooms and a 5 pc bathroom , a utility room with so many great possibilities. This home is great for a large family, family country compound retreat or investment property. Tastefully decorated with option available to be purchased furnished. (id:66096)

Property Details

MLS®: X13829034
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 206 × 348 ft (1.64 acres)
Frontage: 206 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Attached Garage, No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 6.09 x 7.01 meters
Living room: 4.72 x 7.21 meters
Primary Bedroom: 5.28 x 3.91 meters
Bathroom: 5.02 x 3.4 meters
Bedroom: 4.72 x 5.63 meters
Bathroom: 3.14 x 4.57 meters
Bedroom: 5.28 x 3.3 meters

Lower level

Bedroom: 6.24 x 6.35 meters
Great room: 4.41 x 9.7 meters
Bathroom: 8 x 7.6 meters

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer
Foundation: Block
Exterior: Wood
Lot Features: Flat site, Sump Pump

Services

Water: Cistern, Dug Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Prince Edward County (Picton) listings, avg age

75d

Price / ft²

$577

List price

$750K

Homes here sell slower than most markets

Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed single family in Prince Edward County (Picton) has been listed for 40 days, which is 35 days fresher than the city average of 75. Act while there is still low competition.

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Listed by Royal LePage ProAlliance Realty · Jasna Efendic-Damjanovic

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $749,900, about 9.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$749,900· $577/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $49,990.00

Min 6.67%50%

Mortgage payment$3,880/mo

↳ CMHC premium ($27,996 capitalized)

Property tax (est.)$302/mo

Total monthly$4,182

Cash Needed to Close

Down payment (6.67%)$49,990

Land transfer tax$11,473

Est. closing costs$4,750

Total cash needed$66,213

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