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Picton Ward, Prince Edward County
$498,000
Welcome to 6 Spencer Street, perfect for first-time buyers, downsizers, or anyone seeking a home on a quiet street in a central Picton location. This bright & inviting three-level side split offers four bedrooms and two bathrooms with a functional and versatile layout, complimented by a large fully fenced yard providing ample space to relax, play, garden and entertain. The main level features a well-equipped kitchen with eat-in dining area, and a comfortable living room. Upstairs, you will find three bedrooms, each with a closet, and a 4-pc bathroom. The lower level adds valuable flexibility and additional living space with a family room, currently being used as a formal dining area, plus an additional bedroom, a two-piece bathroom and a laundry room. The spacious back deck offers a peaceful place to unwind and enjoy the surroundings. Closely located to Picton's downtown, amenities, parks, and schools, this home combines practical living space, outdoor enjoyment and an affordable in-town lifestyle.
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| Type | Detached |
| Style | Sidesplit |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,699 |
| Lot Size | 50.48 ft x 116.56 ft |
| mls© Number | X13827132 |
| Listed By | Chestnut Park Real Estate Limited |
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%
- $2,549
- Property tax
- $225
- Heat allowance
- $150
- Housing costs
- $2,924 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$90,000
gross annual household income
- Payment at 4%
- $2,096 / mo
- Cash down
- $99,600
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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