About this property

BEING SOLD AS A POWER OF SALE: Projected cap rate ABOVE 6%. Rare opportunity to own a tenanted, seven-unit multiplex in Prince Edward County. Located at 47 King Street, this 5,000+ sq ft property features three 2-bedroom units and four 1-bedroom units, all with hardwood floors and updated interiors. Bonus income potential with a rentable detached garage and five private surface parking spaces. The building is secure, with dual front and rear access to all units. Tenants are stable and rents are at fair market rates. Set on a charming lot with mature gardens and wrought iron details, this property is just a short walk to downtown Picton's shops, restaurants, trails, and amenities. Projected financials are available upon request. A solid addition to any investment portfolio in a fast-growing area.

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X13207660
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	3,500 sq ft
Beds / Baths	9 bed · 7 bath
Neighbourhood	Picton Ward
City	Prince Edward County
Postal Code	K0K 2T0
Province	ON
Listed Date	May 28, 2026
Brokerage	Century 21 Lanthorn Real Estate Ltd.