12699 Loyalist Pkwy
Picton, Prince Edward County, K0K 2T0
FOR SALE
$900,000
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Property Description
Welcome to 12699 Loyalist Parkway, a property that seamlessly blends residential comfort with commercial potential in the heart of Prince Edward County. Situated on nearly an acre of land just outside Picton's downtown, this versatile property offers a spacious 3+2 bedroom home alongside a significant commercial space. The home features a bright and open main level with a large kitchen, abundant in counter and storage space, flowing into a sun-filled living and dining area. Two direct access points lead out to a deck that spans the back of the home, perfect for entertaining or enjoying the privacy of the oversized yard with mature trees. This level also includes three bedrooms, an updated bathroom with a walk-in shower, and an additional half bath that doubles as a laundry room. The lower level is designed for flexibility, with a second kitchen, a renovated bathroom with laundry, and walk-out access, making it ideal for an in-law suite or rental income. This setup allows for comfortable multi-generational living or the potential to generate additional income. In addition to the residential space, the property includes a 4,000-square-foot commercial building. Zoned for highway commercial use, this building features six garage bays, multiple storage rooms, and a two-piece bathroom. Its prime location offers excellent visibility and accessibility, making it suitable for various business ventures.12699 Loyalist Parkway is an exceptional opportunity for those looking to enjoy a comfortable home while taking advantage of its commercial potential. Whether you're seeking to establish a business, create rental opportunities, or simply enjoy a spacious and versatile living space, this property offers endless possibilities in a prime location. Book your showing today, fall in love, and you too can call the County Home!
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Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Lot Size
172' x 296'
Fronting
East
Taxes
$5,946 (2024)
Basement
Fin W/O
Exterior
Brick Front, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
12
Driveway
Circular
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.47' x 16.14' | |
| Dining | Main | 9.74' x 13.29' | |
| Kitchen | Main | 14.37' x 13.29' | |
| Prim Bdrm | Main | 10.99' x 13.29' | |
| 2nd Br | Main | 10.01' x 12.01' | |
| 3rd Br | Main | 10.27' x 12.01' |
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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 $900,000, which is $281,181 (23.8%) lower than the average sold price of $1,181,181 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County increased by $402,497 (51.7%) compared to the previous 30 day period (July 17 - August 15) and up $358,836 (43.6%) from the same time one year ago.Inventory Change
There were 43 3-bedroom homes listed in Prince Edward County over the last 30 days (August 16 - September 14), which is up 30.3% compared with the previous 30 day period (July 17 - August 15) and up 7.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($54,836) (4.6%) below asking price over the last 30 days (August 16 - September 14), which represents a $20,884 decrease compared to the previous 30 day period (July 17 - August 15) and ($23,151) less 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 (August 16 - September 14) stood at 25.6%, down from 57.6% over the previous 30 days (July 17 - August 15) and down from 250.0% 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 45 days when successfully sold over the last 30 days (August 16 - September 14), compared to 119 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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