47 King Street, Prince Edward County, ON K0K 2T0
Prince Edward County, ON K0K 2T0 · Multiplex
$1,025,000
List Price- Status
- For Sale
- Days on Site
- 46
- Listed on Site
- May 28, 2026
- MLS® #
- X13207660
- Source
- IDX (PropTx)
- Last Updated
- Jul 2, 2026
- Exposure
- North
- Occupancy
- Tenant
- Possession
- Flexible
- Listing Brokerage
- Century 21 Lanthorn Real Estate Ltd.
-
Active May 28, 2026
$1,025,000
-
Active Under Contract Jun 8, 2026
$1,025,000
-
Active Jun 30, 2026
$1,025,000
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 Type
- Residential Freehold
- Property Style
- Multiplex
- Neighbourhood / Community
- Picton Ward
- County / Region
- Prince Edward County
- Land Size
- 61.9 x 164.4 FT (Rectangular)
- Annual Property Taxes
- $6,204 (2025)
- Zoning
- R3
- Approximate Age
- 100+
- Basement Type
- Unfinished
- Foundation Type
- Concrete Block, Stone
- Heating
- Forced Air (Gas)
- Cooling
- None
- Fireplace
- Yes
- Construction Materials
- Vinyl Siding
- Roof
- Asphalt Shingle
- Bedrooms
- 9 Total
- Bathrooms
- 7 Total
- Exterior Finish
- Year Round Living
- Pool
- None
- Garage
- Detached
- Parking Spaces
- 6
- Parking Type
- Private
- Sewer
- Sewer
- Lot Size
- 61.9 x 164.4 FT
- Depth
- 164.4 ft
Tour with a local real estate agent
Directions: King St between Bowery and Elizabeth
Century 21 Lanthorn Real Estate Ltd.
Data provided by: Central Lakes Association of REALTORS