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483 Highway 49 Road, Prince Edward County, ON K0K 2T0

$675,000
: 5
BD
: 2
BA
: 2,500
SqFt

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List Price: $675,000
MLS#: X13864758
Status: ACTIVE
Type: Single Family Residential
SubType: Detached
Style: 2-Storey
Bedrooms: 5
Bathrooms: 2
Living Area: 2500-3000
Province: ON
Municipality: Prince Edward County
Area: Prince Edward County
Neighborhood: Hallowell Ward
Subdivision: Picton Main St & Fawcett Ave.

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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.

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Additional Information

Taxes: $1,443
Heat Type: Water
Heat Source: Gas
Air Conditioning: None
Kitchens: 2
Exterior: Vinyl Siding
Garage Type: None
Pool: None
Parking Spaces: 6
Parking Type: Private Double