31-33 Washburn Street, Prince Edward County (Picton Ward), Ontario, K0K2T0

For sale

72 days ago

$599K

31-33 Washburn Street, Prince Edward County (Picton Ward), Ontario, K0K2T0

4 bd2 ba4 pk1,750 ft²Lot size 90 × 98 ft (8,784 sq ft)

Listed by Chestnut Park Real Estate Limited

343 Main Street East, Prince Edward County (Picton Ward), Ontario, K0K2T0

For sale

155 days ago

$4.85M

343 Main Street East, Prince Edward County (Picton Ward), Ontario, K0K2T0

14 bd18 ba25 pkLot size 94 × 486 ft (1.04 acres)

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Investment analysis

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$885,000

Prince Edward County

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$885,000

For sale

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42 York Street, Prince Edward County (Picton Ward) - Multi-family for Sale

42 York Street, Prince Edward County (Picton Ward), Ontario, K0K2T0

5 beds3 baths4 parking2,250 ft²68 × 123 ft (8,316 sq ft) lot sizeListed 49 days ago

Overview

This multi-family property in Prince Edward County is for sale offering roughly 2,250 sq ft of space. It has been on the market 49 days, fresher than the Prince Edward County average of 150 days.

Multi-Family Properties for Sale in Prince Edward County →All real estate in Prince Edward County →

Description

MASSIVE INCOME MAKER - 2026 Income even higher than 2025!!! This triplex at list price is cash flow positive! But not only that we have business plan ideas in place for how you can effectively increase what is already a profitable rental. Two of Three units are renovated. The designer flair is seen throughout with unique pastels and finishes. Hardwood Beams and Pillars add historic "Hard Loft" character and atmosphere. Open Concept Units. Private, Porch or rooftop balcony for each unit. Renovations between 2019 and 2024.The backyard has a running creek through it making this incredibly tranquil yard, not only that but a oversized detached garage and massive green space with dedicated seating area to relax all summer long.. 5 Minutes to Downtown Picton, 5 Minute walk to the marina, Local Wineries draw in lots of Spring, Summer and Fall action. (id:66096)

Property Details

MLS®: X13796988
Property Type: Multi-family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 68 × 123 ft (8,316 sq ft)
Frontage: 68 ft
Storeys: 2
Basement: Unfinished, Full, Crawl space, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Window air conditioner
Garage: Detached Garage, Garage
Waterfront: Yes
Property Tax: $2,607.92/yr
Listed: 49 days ago

Features

Appliances: Refrigerator, Stove
Foundation: Unknown
Exterior: Stucco
Lot Features: Guest Suite, Sump Pump, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Prince Edward County (Picton Ward) listings, avg age

150d

Price / ft²

$393

List price

$885K

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 multi-family in Prince Edward County (Picton Ward) has been listed for 49 days, which is 101 days fresher than the city average of 150. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · DEVON W LOFTUS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $885,000, about 10.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $172,871 (20% down, 25-yr amortization, stress-tested) — roughly 108% 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)

$885,000· $393/ft²

For sale

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Full Cost Breakdown

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Down Payment7.18% · $63,500

Min 7.18%50%

Mortgage payment$4,555/mo

↳ CMHC premium ($32,860 capitalized)

Property tax (est.)$217/mo

Total monthly$4,772

Cash Needed to Close

Down payment (7.18%)$63,500

Land transfer tax$14,175

Est. closing costs$5,155

Total cash needed$82,830

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