12699 Loyalist Pkwy
Picton, Prince Edward County, K0K 2T0
FOR SALE
$799,999
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BEDROOMS3
BATHROOMS1 + 1
KITCHENS6 + 5
ROOMSX11942171
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Property Description
Discover the ideal blend of commercial opportunity and residential comfort at 12699 Loyalist Parkway, located just on the edge of Picton's vibrant downtown. This versatile property, zoned for highway commercial use, spans nearly an acre and features a spacious 4,000-square-foot commercial building. With six garage bays, multiple storage rooms, and a convenient two-piece bathroom, the building is perfectly suited for a wide range of business ventures. Its prime highway frontage ensures high visibility and easy access, making it a strategic investment for entrepreneurs looking to establish or expand their business. In addition to the commercial space, the property includes a well-appointed 3+2 bedroom home offering approximately 1,200 square feet of living space. The main level is bathed in natural light, featuring a large kitchen with ample counter and storage space, a dining room with direct access to an expansive deck, and a comfortable living area. This level also includes three bedrooms and an updated bathroom with a walk-in shower. The lower level is designed for flexibility, with a second kitchen, renovated bathroom with laundry, and walk-out access, making it ideal for in-law accommodations or rental income. The expansive outdoor area provides plenty of room for entertaining, outdoor activities, or potential expansion. Whether you're looking to run a business, generate rental income, or simply enjoy a spacious home, 12699 Loyalist Parkway offers a rare combination of residential comfort and commercial potential. This property is an exceptional opportunity for investors or business owners seeking to capitalize on its strategic location and diverse possibilities. Come see this property today, fall in love, and you too can call the County Home!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-03 | 2024-12-31 | 119 | $900,000 | - | Expired |
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Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Lot Size
172' x 296'
Fronting
West
Taxes
$5,946 (2024)
Basement
Apartment
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Circular
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 14.37' x 13.29' | |
Living | Main | 12.47' x 16.14' | |
Dining | Main | 9.74' x 13.29' | |
Prim Bdrm | Main | 10.99' x 13.29' | |
2nd Br | Main | 10.27' x 12.01' | |
3rd Br | Main | 10.01' x 12.01' | |
Kitchen | Bsmt | 11.88' x 13.55' | |
Rec | Bsmt | 11.88' x 14.07' | |
Br | Bsmt | 10.07' x 11.19' | |
Br | Bsmt | 12.24' x 10.93' |
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Prince Edward County Market Statistics
Prince Edward County Price Trend
12699 Loyalist Pkwy is a 3-bedroom 3-bathroom home listed for sale at $799,999, which is $314,387 (64.7%) higher than the average sold price of $485,612 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County declined by $248,946 (33.9%) compared to the previous 30 day period (November 19 - December 18) and down $193,403 (28.5%) from the same time one year ago.Inventory Change
There were 16 3-bedroom homes listed in Prince Edward County over the last 30 days (December 19 - January 17), which is down 20.0% compared with the previous 30 day period (November 19 - December 18) and up 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($15,362) (3.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $18,913 increase compared to the previous 30 day period (November 19 - December 18) and ($25,305) 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 (December 19 - January 17) stood at 50.0%, down from 60.0% over the previous 30 days (November 19 - December 18) and down from 166.7% 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 33 days when successfully sold over the last 30 days (December 19 - January 17), compared to 115 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Energy Real Estate, Brokerage
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