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:13843)
| MLS # | X13864758 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 27 |
| Listing Provided By | Harvey Kalles Real Estate Ltd. | Suzanne White |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,500 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R1 |
| Cooling | None |
|---|---|
| Heating | Natural gas |
| Appliances | Water meter, Water Heater |
| Fireplace Yes / No | No |
| Lot Features | Irregular lot size, Sloping |
|---|---|
| Foundation Details | Stone |
| Parking Features | No Garage |
|---|---|
| Parking Total | 6 |
| Utilities | Sewer, Electricity |
|---|---|
| Sewer | Septic System |
| Water Source | Municipal water |
| Tax Annual Amount | 1443.86 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Prince Edward County (Hallowell |
| Postal Code | K0K2T0 |
| Listing VS Median (in K0K2T0) | |
Price: $675,000 low | high Med: $669,500 sqft: 2,500 low | high Med: 1,750 $ / sqft: $270 low | high Med: $467 On site: 27 low | high Med: 88 | |
| Province | ON |
|---|---|
| City | Prince Edward County (Hallowell |
| Postal Code | K0K2T0 |
| Listing VS Median (in K0K2T0) | |
Price: $675,000 low | high Med: $669,500 sqft: 2,500 low | high Med: 1,750 $ / sqft: $270 low | high Med: $467 On site: 27 low | high Med: 88 | |