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Picton Ward, Prince Edward County
$397,500
Picture starting your mornings with a leisurely stroll down Main Street, coffee in hand from the Michelin Key-awarded Royal Hotel, as the town gently comes to life around you. Evenings invite you to explore acclaimed dining, boutique shopping, and the simple pleasure of being just steps from it all. This charming in-town home offers the perfect blend of comfort, convenience, and investment potential-ideal for a small family or young professionals. Inside, the home features 3 bedrooms with a functional, flexible layout. The main floor offers bright, spacious living areas, a galley kitchen with granite countertops and newer appliances, main-floor laundry, and a stylish 3-piece bath with a walk-in glass shower. Upstairs, you'll find two comfortable bedrooms with ample closet space. Well maintained with numerous upgrades-including new siding, insulation, furnace, central A/C, vinyl windows, and a 10' x 10' deck-this low-maintenance property is move-in ready. An attached shed houses the furnace and owned hot water tank. Set on a deep lot across from Picton Hospital and just minutes to downtown, this home delivers easy, connected living in a prime location.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,524 |
| Lot Size | 67 ft x 157.77 ft |
| mls© Number | X13038006 |
| Listed By | Royal Lepage Proalliance Realty |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,035
- Property tax
- $210
- Heat allowance
- $150
- Housing costs
- $2,395 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$74,000
gross annual household income
- Payment at 4%
- $1,673 / mo
- Cash down
- $79,500
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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