125 Picton Main St
Picton, Prince Edward County, K0K 2T0
FOR SALE
$1,200,000
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Property Description
Strategically Located In The Heart Of Picton, right next to Tim Horton's, sits this unique Victorian building just oozing with possibilities. The old "Purtelleigh's Bakery" has been tastefully upgraded to include what could amount to be 4 separate units all with their own main floor entrances. The main east side entry is a lovely aesthetic store with towering glass sliding doors, warming fireplace and a Tenant eager to stay. The side door invites you in past an open sitting area that leads to a future 1-bedroom apartment or Air BNB with bedroom, open LR (with rm for kitchenette) and sparkling 3pc bath. The back porch entry leads to a huge newly renovated sun-filled area with a wide range of possible uses not limited to; retail, small business, offices or additional living space. The front west entrance is the highlight of the building boasting an amazing 2 bedroom second floor apartment that includes a renovated sunken kitchen w/fam size eat-in area, stately LR with wall mounted media niche, 2 nice size, beautifully decorated bedrooms, an open concept office area, stunning 3 pc bath and historical parlor room with a dry bar overlooking Main Street. Live & work right downtown or simply assume this versatile investment with income stream projections of well north of 150K per year. $$ Thousands spent on recent upgrades! & did I mention parking for at least 6 cars?
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Property Features
Golf, Hospital, Level, Marina, Park, Place Of Worship
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Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
38' x 165'
Lot Irregularities
West 164.88 FT. (IRREGULAR)
Fronting
North
Taxes
$5,179 (2024)
Basement
Crawl Space, Part Bsmt
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Ground | 11.09' x 16.63' | Laminate, Stainless Steel Sink, Picture Window |
Office | Ground | 18.24' x 21.00' | Laminate, Pot Lights, Open Concept |
Living | Ground | 14.60' x 16.40' | Hardwood Floor, Pot Lights, Fireplace |
Br | Ground | 10.99' x 12.73' | Hardwood Floor, Picture Window, Sliding Doors |
Family | Ground | 9.51' x 10.93' | Hardwood Floor, Crown Moulding, Picture Window |
Br | 2nd | 10.17' x 10.33' | Hardwood Floor, Large Closet, Picture Window |
Prim Bdrm | 2nd | 13.45' x 13.78' | Hardwood Floor, Crown Moulding, Fireplace |
Kitchen | 2nd | 9.51' x 16.24' | Sunken Room, Stainless Steel Appl, Breakfast Area |
Living | 2nd | 9.51' x 10.66' | Hardwood Floor, Picture Window, Crown Moulding |
Office | 2nd | 4.43' x 6.73' | Hardwood Floor, Open Concept, Crown Moulding |
Games | 2nd | 6.73' x 19.00' | Hardwood Floor, Picture Window, Dry Bar |
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Prince Edward County Market Statistics
Prince Edward County Price Trend
125 Picton Main St is a 3-bedroom 3-bathroom home listed for sale at $1,200,000, which is $444,572 (58.9%) higher than the average sold price of $755,428 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County increased by $29,870 (4.1%) compared to the previous 30 day period (September 24 - October 23) and down $37,823 (4.8%) from the same time one year ago.Inventory Change
There were 23 3-bedroom homes listed in Prince Edward County over the last 30 days (October 24 - November 22), which is down 20.7% compared with the previous 30 day period (September 24 - October 23) and down 11.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($47,375) (6.3%) below asking price over the last 30 days (October 24 - November 22), which represents a $21,970 decrease compared to the previous 30 day period (September 24 - October 23) and ($52,508) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Prince Edward County over the last 30 days (October 24 - November 22) stood at 126.1%, up from 58.6% over the previous 30 days (September 24 - October 23) and up from 42.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Prince Edward County stood at 91 days when successfully sold over the last 30 days (October 24 - November 22), compared to 121 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Certified Realty
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