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Listed 4 months ago

370 Main Street

Picton Ward, Prince Edward County

$649,000

Detached|1 1/2 Storey
3 | 2 | 4
About this home

All brick Century home located close to all that downtown Picton has to offer! This charming 1.5 storey home offers the character of a home built in 1900 with all the modern conveniences you want plus an unbeatable location. A detatched garage with loft provides additional spaces for storage or hobbies. The back yard is fenced and private. You will love the original features of this home with curved staircase, hardwood floors, attractive trim work and beautiful brick exterior. The main floor of this 1.5 storey layout welcomes you with a classic staircase and foyer leading you into the Living Room or Dining Room. The living spaces on this level feature rustic hardwood flooring, large windows, a cozy gas woodstove and tastefully decorated spaces throughout. The kitchen offers a walk out to private, fenced yard and a main floor bedroom is located in the back of the home. A full 4 piece bathroom on the main floor provides additional convenience. Upstairs, you will find two more bedrooms, each with classic wood flooring and plenty of natural light. The second floor also features a charming three-piece bath, complete with a striking clawfoot tub that invites you to relax and unwind.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,586
Lot Size58.42 ft x 78.9 ft
mls© NumberX13223240
Listed ByRe/Max Quinte Ltd.

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%
$3,322
Property tax
$216
Heat allowance
$150
Housing costs
$3,687 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,800
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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