Salehian.com 647-325-5000

71 Queen Street

Picton, Prince Edward County, K0K 2T0

$865,000

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  • 12+5 bedrooms
  • 12 bathrooms
  • 10 parking
  • 3500-5000 sq ft

Listed 15 days ago · MLS® X13863888

About this home

A RARE RESIDENTIAL AND DEVELOPMENT OPPORTUNITY IN THE HEART OF PICTON! Situated on a generous double lot in a desirable established residential neighbourhood, this property offers an exceptional combination of location, character, existing income potential and future development possibilities.Under the Picton Secondary Plan, the property is designated Town Residential, supporting a broad range of residential uses, subject to applicable zoning, approvals and municipal requirements. Given the size of the property, there may also be potential for severance or additional residential development, subject to municipal review and approvals. The existing circa-1880 residence offers plenty of character and an expansive layout featuring two separate two-bedroom apartments, making it an attractive option for an investor, multi-generational living or those looking to live in one unit while generating rental income from the other. The property also features an insulated double-car garage with room for a workshop and storage, abundant surfaced parking, a private fenced yard and a substantial double lot with ample space to explore future development options.For those simply looking for a prime residential property in a great Picton neighbourhood, this is an excellent opportunity to own a sizeable lot with an established home, mature setting and plenty of room to enjoy. For developers and investors, the property's planning designation, lot size and potential for severance or additional residential development add another layer of opportunity. Whether you're looking for a character-filled Picton home, an investment property or a property with future development potential, this one deserves a closer look. Bring your ideas and explore the possibilities!

Details

Type
Detached
Style
2-Storey
Age
100+ years
Size
3500-5000 sq ft
Lot
155 × 104 ft
Basement
Apartment
Garage
Detached
Kitchens
3
Property tax
$7,495 (2025)
Neighbourhood
Picton
Municipality
Prince Edward County
Price per sq ft
~$204 (51% below detached houses in Picton, $416)

Interior

Bedrooms
12 above ground + 5 below
Bathrooms
2 × 3-piece (main), 3 × 2-piece (main), 1 × 3-piece (second), 4 × 2-piece (second), 2 × 3-piece (lower)
Rooms
15 above ground + 9 below
Family room or den
Yes
Fireplace
No
Features
Accessory Apartment, In-Law Suite, Workbench, Water Heater, Water Meter, Wheelchair Access

Heating, cooling and services

Heating
Baseboard, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Vinyl Siding
Roof
Metal, Fibreglass Shingle
Foundation
Poured Concrete
Age
100+
Faces
West

Parking

Garage spaces
2
Total parking
10

Lot

Size
155 × 104 ft
Acreage
< .50

More

Possession
flexible
Cross street
Johnson St

History of this address

7 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 2 grocery stores, 24 cafés and restaurants, 8 parks, 3 pharmacies. Nearest grocery: Bulk Barn (750 m). Nearest park: Benson Park & Multipurpose Court (350 m).

Schools nearby

Elementary

  • St. Gregory Catholic School Catholic
    EQAO: Gr 6 reading 44%, math 17%    14 min walk

Secondary

  • Prince Edward Collegiate Institute5 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K0K

Owners / renters
86% / 14%
Median household income
$83,000
Average age
47
Children under 15
14%
Homes
90% detached, 0% high-rise
Commute by transit
0%
Population
115,850

Languages spoken most at home besides English: German 0.2%, Spanish 0.1%, Mandarin 0.1%, Korean 0.1%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Royal Lepage Proalliance Realty.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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