Maximum 4 project can be compared at one go.
$1,199,000
Status: For Sale
BEING SOLD AS A POWER OF SALE: Projected cap rate ABOVE 6%. Rare opportunity to own a tenanted, seven-unit multiplex in Prince Edward County. Located at 47 King Street, this 5,000+ sq ft property features three 2-bedroom units and four 1-bedroom units, all with hardwood floors and updated interiors. Bonus income potential with a rentable detached garage and five private surface parking spaces. The building is secure, with dual front and rear access to all units. Tenants are stable and rents are at fair market rates. Set on a charming lot with mature gardens and wrought iron details, this property is just a short walk to downtown Picton's shops, restaurants, trails, and amenities. Projected financials are available upon request. A solid addition to any investment portfolio in a fast-growing area.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X12515902 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :25 Nov, 2025 (9 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Prince Edward |
|---|---|
| Postal Code | : K0K 2T0 |
| Price | : $1,199,000 |
|---|---|
| Property Taxes | :$6204.45 |
| Tax Year | :2025 |
|---|
| Bedrooms | :9 + |
|---|---|
| No. of Rooms | :37 |
| Heating | :Forced Air |
| Cross Street | :King St between Bowery and Elizabeth |
| Bathrooms | :7 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :3500-5000 sqft |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :6 |
| Basement | :Unfinished |
| Garage | :Detached |
|---|---|
| Library | :Library |
06 Nov, 2025
TREB #X12515902
Listed
$1199000.0
Sign in to view full price history of this property
