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Est. payment /mo
New
483 Highway 49 RD Prince Edward County, ON K0K 2T0
5 Beds
2 Baths
0.5 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Hallowell Ward
MLS Listing ID X13864758
Style 2-Storey
Bedrooms 5
Annual Tax Amount $1,443
Tax Year 2025
Lot Size 0.500 Acres
Property Sub-Type Detached
Property Description
Attention developers, investors, and builders-this is a rare opportunity within the town limits of Picton. Set on approximately .84 acres with municipal water and sewer, this property presents exceptional redevelopment potential in one of the most sought-after communities inPrince Edward County. While a house currently exists on the property, the highest and best use is redevelopment. The Official Plan supports future residential intensification, and preliminary discussions with a private planner indicate the site could potentially support 8-10residential units through rezoning to R3 or R4. A concept plan is being prepared outlining the potential for a three-storey, three-unit residential building at the front of the property, with additional townhouse units positioned further back on the land. Large parcels with full municipal services inside Picton's settlement boundary are increasingly rare, making this a compelling opportunity for those looking to participate in the continued growth of the community. Notes: House is on a septic, but town sewer is available. Current structure and outbuildings being sold where is, as is.
Location
Province ON
County Prince Edward County
Area Prince Edward County
Zoning R1
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned, Water Meter
Cooling None
Exterior
Parking Features Private Double
Pool None
Roof Type Metal
Lot Frontage 89.52
Lot Depth 369.24
Total Parking Spaces 6
Building
Building Age 100+
Foundation Stone
Others
Senior Community No
ParcelsYN No
Listed by Harvey Kalles Real Estate Ltd.