16 Elks St
Picton, Prince Edward County, K0K 2T0
FOR SALE
$535,000
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Property Description
Welcome to Elks St! Just steps away from downtown Picton, this newly renovated 2 bedroom home is in close proximity to everything you could ask for. The home is fully licensed as a Short Term Accommodation, making it an opportunity for investors or for secondary income. Wonderful restaurants, the Picton harbour, boutique shops, and all the main necessities are at your doorstep! Outdoor living on your deck or in the backyard ensures this home is sure to be enjoyed for years to come. The old charm of this home encapsulates County living while the interior has been enhanced for your new beginning! Buyers are able to take over existing upcoming AirBnB bookings if interested. HST is applicable.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-03-17 | 2024-11-02 | 230 | $497,000 | - | Terminated |
2023-10-15 | 2024-03-15 | 152 | $539,000 | - | Expired |
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Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
46' x 135'
Acreage
< .50
Fronting
North
Taxes
$2,447 (2024)
Basement
Unfinished
Exterior
Shingle, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 15.45' x 12.96' | |
Kitchen | Main | 18.11' x 15.65' | |
Br | 2nd | 18.14' x 15.32' | 3 Pc Ensuite |
2nd Br | 2nd | 15.19' x 7.74' |
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Prince Edward County Market Statistics
Prince Edward County Price Trend
16 Elks St is a 2-bedroom 3-bathroom home listed for sale at $535,000, which is $356,888 (40.0%) lower than the average sold price of $891,888 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County increased by $349,881 (64.6%) compared to the previous 30 day period (December 22 - January 20) and up $402,046 (82.1%) from the same time one year ago.Inventory Change
There were 14 2-bedroom homes listed in Prince Edward County over the last 30 days (January 21 - February 19), which is up 75.0% compared with the previous 30 day period (December 22 - January 20) and up 16.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold ($30,722) (3.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $8,098 decrease compared to the previous 30 day period (December 22 - January 20) and ($31,100) 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 2-bedroom homes in Prince Edward County over the last 30 days (January 21 - February 19) stood at 64.3%, down from 75.0% over the previous 30 days (December 22 - January 20) and up from 58.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Prince Edward County stood at 125 days when successfully sold over the last 30 days (January 21 - February 19), compared to 122 days before being removed from the market upon being suspended or terminated.Listing contracted with The Agency
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