Listed for:Listed Sep 2, 2026
$1,550,000

1398 Old Milford Road

Prince Edward County (South Marysburg Ward), ON K0K 2T0

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 1398 Old Milford Road, Prince Edward County, South Marysburg Ward

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1398 Old Milford Road, Prince Edward County, South Marysburg Ward

Summarized Description

  • Rare 47-acre investment opportunity in Prince Edward County
  • Five self-contained residential units available
  • Four units recently updated with modern finishes
  • Updated heating, cooling, and generator systems
  • Turnkey property with income potential
  • Ideal for staff housing or rental income
  • Limited multi-unit offerings in the area
  • Well-maintained communal pool for relaxation

A rare investment opportunity awaits on 47 acres in beautiful Prince Edward County, just 15 minutes from the heart of Picton. This unique property features five fully self-contained residential units, four of which have been recently updated with new appliances and modern finishes. Extensive upgrades have been made throughout, including updated heating and cooling systems for each unit and the garage, underground hydro service from the road, a newly installed generator, and a brand new well ensuring ample water supply to all units. The garage is outfitted with laundry hookups, a washroom, and a spacious back room that would make an ideal office, studio, or workshop. Outside, enjoy a well-maintained above-ground communal pool with a surrounding wooden deck and secure fencingperfect for relaxation or entertaining. Whether you're looking to house staff for a local business, live in one unit while generating income from the others, or take advantage of a profitable investment opportunity, this property checks every box. With limited quality multi-unit offerings available in the County, this is your chance to secure a turnkey income property with room to grow.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,650
Land Transfer Tax Fee
$27,475

Basement Type
None

Interior Features

Laundry Level
Main Level
Interior Extras
Guest Accommodations, In-Law Capability, Storage
View
Clear
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
Above Ground
Property Features
Clear View, School Bus Route

Building

Building Type
Multiplex
Building Style
Bungalow

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
234.79 ft
Lot Depth
2652.85 ft
Lot Size
47
Lot Shape
Irregular

Exclusions

Exclusions
Personal belongings

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
20
Total Garage And Parking Spaces
22

Heating & Cooling

Heat Source
Other
Heat Type
Other
Air Conditioning
Wall Unit(s)
Water
Well
Sewers
Septic
Natural Gas
No
Hydro
Yes
Cable
No
Telephone
Available

Bedrooms
9
Washrooms
6
Kitchens
4
Family / bonus room
Yes

Washrooms

  • 3-piece, Main
  • 4-piece, Main
  • 3-piece, Lower
  • 4-piece, Lower

Municipality
Prince Edward County
Neighbourhood
South Marysburg Ward
Main cross streets
Old Milford Rd between Scotts Mills Rd & Jacksons Falls Rd
Zoning
RU, EP
Directions
County Rd 10 to County Rd 17 to Old Milford Road

MLS® number
X13741278
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-02
Updated on
2026-09-03
Days on market
43 days
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
CHESTNUT PARK REAL ESTATE LIMITED

Home Market Value

Current home valuation for 1398 Old Milford Road, Prince Edward County, South Marysburg Ward, Prince Edward County, ON. Listed for $1,550,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 1398 Old Milford Road, Prince Edward County, South Marysburg Ward

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Prince Edward County, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$310,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
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$
%
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+CMHC insurance
$0$0$0$0
=Total mortgage
$1,240,000$1,162,500$1,085,000$1,007,500
Amortization
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%
%
%
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Payment frequency
=Mortgage payment
$6,054monthly$5,676monthly$5,298monthly$4,919monthly
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Land Transfer Tax

Provincial

$27,475

Total Land Transfer Tax

$27,475

Around this home

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