47 King Street, Prince Edward County, ON K0K 2T0
Prince Edward County County
Key Facts
Description
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 Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
3-Storey
Stories
3
Lot Dimensions
61.89x164.35
Parking Spaces
6
MLS® Listing#
X13207660
Property Features
Appliances
Cooling
Heating
Basement
Pool
Parking
Lot Features
Construction
Foundation
Roof
Utilities
Financial Details
Annual Taxes
CA$6,204
Tax year 2025
Parcel Number
550620040
Directions
King St between Bowery and Elizabeth
Affordability Calculator
$205,000
Estimated monthly payment
$5,455/mo
Principal $820,000 · Est. interest $1,143,973 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Prince Edward County, ON
- CA$645,143
- Median Listing Price
- 48
- Median Days on Market
- 1,300
- Median Sq Ft
- CA$457
- Median Price / Sq Ft
- 942
- Active Listings
- This home’s price is 59% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Prince Edward County, ON.
Location
Points of Interest in Prince Edward County, ON
Showing the Prince Edward County area map.
Nearby Schools
Prince Edward Collegiate Institute
Secondary · 0.6 km away
The Hub Child & Family Centre
School · 1.0 km away
St Gregory Catholic School
School · 1.0 km away
Athol-South Marysburgh PS
Elementary · 8.2 km away
Sophiasburgh Central School
School · 12.5 km away
Quinte Mohawk School
School · 19.9 km away
Ohahase Education Centre
Secondary · 20.1 km away
Deseronto Public School
School · 22.6 km away
Kente Public School
School · 23.0 km away
St Joseph Catholic School
School · 24.8 km away
Queen Elizabeth Public School
School · 24.8 km away
Eastside Secondary School
Secondary · 25.1 km away
Belleville Montessori School
Elementary · 25.2 km away
Harry J Clarke Public School
Secondary · 25.2 km away
Tyendinaga Public School
School · 25.4 km away
Albert College
School · 25.9 km away
Queen Victoria School
Elementary · 26.0 km away
Sir James Whitney School for the Deaf
Secondary · 26.0 km away
Nicholson Catholic College
Secondary School · 26.1 km away
Abigail's Learning Centre
School · 26.3 km away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 58 Valhalla Lane, Prince Edward County, ON | CA$899,000 | 11 | 7 | — |
| 58 VALHALLA LANE, Prince Edward County (Athol), ON | CA$899,000 | 11 | 7 | — |
| 71 Queen Street, Prince Edward County, ON | CA$999,000 | 17 | 12 | — |
| 71 Queen Street, Prince Edward County, ON | CA$999,000 | 17 | — | 5,000 |
| 71 QUEEN STREET, Prince Edward County (Picton Ward), ON | CA$999,000 | 17 | — | 5,000 |
| 71 QUEEN STREET, Prince Edward County (Picton), ON | CA$999,000 | 17 | 12 | — |
