⚠️ Power of Sale Property — Sold as-is. Conduct thorough due diligence before making an offer.

47 King Street Prince Edward County ON

📍 Prince Edward County, Ontario K0K 2T0

$1,025,000

⚠ Power of SaleActive
9BEDS
7BATHS
6PARKING
7KITCHENS
61.89×164.35LOT (FT)
100+AGE

📋 Listing Highlights

StatusActive
MLS®X13207660
ListedMay 28, 2026
Days on Market—
Property TypeResidential Freehold
StyleMultiplex
Cross StreetKing St between Bowery and Elizabeth
PossessionFlexible

📝 Listing 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 Details

Property TypeResidential Freehold
StyleMultiplex
Bedrooms9
Bathrooms7
Kitchens7
Approx. Age100+

📐 Lot & Land

Lot Width61.89 ft
Lot Depth164.35 ft
Cross StreetKing St between Bowery and Elizabeth

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingNone
BasementUnfinished
GarageDetached
Garage Spaces1
Parking6
ConstructionVinyl Siding
RoofAsphalt Shingle

💰 Financial

List Price$1,025,000
Annual Taxes$6,204.45 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$205,000
Est. Monthly Payment
$5,036/mo
Principal: $820,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by Century 21 Lanthorn Real Estate Ltd.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13207660 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.