47 King Street
Prince Edward County (Picton Ward), ON K0K 2T0
- 9Bedrooms
- 7Bathrooms
- 6Parking
- 3500–5000Sq Ft
- $6,204Tax
- 62×164 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 47 King Street, Prince Edward County, Picton Ward
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-05-28 | 2026-07-20 | Login to See Prices | Sold | x13207660 |
| 2026-02-06 | 2026-05-13 | Login to See Prices | Expired | x12767110 |
| 2025-11-05 | 2026-02-06 | Login to See Prices | Expired | x12515902 |
| 2025-06-03 | 2025-11-03 | Login to See Prices | Expired | x12193077 |
| 2025-03-05 | 2025-06-01 | Login to See Prices | Terminated | x12003211 |
| 2025-01-10 | 2025-03-05 | Login to See Prices | Terminated | x11916860 |
| 2024-07-17 | 2024-12-11 | Login to See Prices | Expired | x9042579 |
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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 47 King Street, Prince Edward County, Picton Ward
Summarized Description
- Rare seven-unit multiplex in Prince Edward County.
- Projected cap rate above 6% for investors.
- Updated interiors with hardwood floors throughout.
- Bonus income from detached garage rental.
- Five private parking spaces available.
- Stable tenants with fair market rents.
- Charming lot with mature gardens.
- Short walk to downtown amenities and trails.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,204
- Land Transfer Tax Fee
- $16,975
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Carpet Free, Water Heater Owned
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Exterior Extras
- Year Round Living
- Pool
- None
- Property Features
- Beach, Golf, Hospital, Library, Rec./Commun.Centre, School
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block, Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 61.89 ft
- Lot Depth
- 164.35 ft
- Lot Shape
- Rectangular
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 9
- Washrooms
- 7
- Kitchens
- 7
Washrooms
- 3-piece, Main
- 4-piece, Main
- 4-piece, Second
- 3-piece, Third
- Municipality
- Prince Edward County
- Neighbourhood
- Picton Ward
- Main cross streets
- King St between Bowery and Elizabeth
- Zoning
- R3
- Directions
- King St between Bowery and Elizabeth
- MLS® number
- X13207660
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-20
- Listed on
- 2026-05-28
- Days on market
- 53 days
- Possession type
- Flexible
- Co-op commission
- 2.5
- Seller
- Listed by
- CENTURY 21 LANTHORN REAL ESTATE LTD.
Home Market Value
Current home valuation for 47 King Street, Prince Edward County, Picton Ward, Prince Edward County, ON. Listed for $1,025,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 47 King Street, Prince Edward County, Picton 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
5% on first $500K + 10% on $525,000 over $500K
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| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $37,884 | $28,598 | $24,395 | $0 |
=Total mortgage | $984,984 | $951,098 | $895,645 | $820,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,809monthly | $4,644monthly | $4,373monthly | $4,004monthly |
Land Transfer Tax
$16,975
$16,975
Around this home
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