




This 9-bedroom, 5-bathroom multi-family in Prince Edward County offers 3,398 sqft of living area. 2 storeys. The property has lot dimensions of 49.5 x 134 FT. The home features baseboard heaters, electric heating, window air conditioner, a partially finished basement.
Welcome to an exceptional 5-plex investment opportunity in the heart of Prince Edward County, in vibrant Picton. This property features two beautifully designed and furnished units rental units that have stood out as short term accomodations or can be standard rentals for those looking at a traditional investment. These truly stand out with stylish decor and modern finishes to impress everyone. These high-performing units are proven income generators, offering private yard spaces that enhance guest experience and drive repeat bookings. The remaining three residential units provide stable, long-term rental income, creating a perfect balance of cash flow and appreciation potential.Spring in Prince Edward County is a major draw, bringing visitors eager to explore award-winning wineries, scenic cycling routes, and the stunning landscapes of nearby Sandbanks Provincial Park. The area comes alive with farmers' markets, artisan shops, and seasonal events that attract a steady stream of tourists, making this an ideal location for short-term rental success.Whether you're looking to expand your portfolio or step into a turnkey investment with strong income streams and growth potential, this property offers the best of both worlds in one of Ontario's most sought-after destinations. (id:60351)
All Appliances on the property ( except Unit 5's laundry - owned by tenant), All furnishings in unit 1 and 3.
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Listed by DEVON W LOFTUS, ROYAL LEPAGE SIGNATURE REALTY
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Listing represented by DEVON W LOFTUS, ROYAL LEPAGE SIGNATURE REALTY · MLS# X12969236
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.