$1,500,000 FOR SALE

Investment

Lot: 155.38 x 104.91 ftTotal Area: 5,188 ft2
2023 Taxes: $6,891.53

71 Queen St
Prince Edward County, ON K0K 2T0 | Picton | Prince Edward

Acquire a piece of history with this captivating residence- a stately home dating back to circa 1880! Known affectionately as "The Fraser House", the residence is currently serving as a well-established retirement home, offering space for up to ten residents. This cherished landmark embodies the elegance of a bygone era; showcasing timeless charm, exquisite millwork, and original architectural details. Spanning over 5000sf of living space, this property offers a versatile layout suited to various housing configurations. Boasting 12 private bedrooms, each complemented by its own 2 or 3-piece bathroom, the residence promotes both privacy and comfort. From the inviting living rooms and dining areas to the well-appointed kitchen and communal spaces, every corner encourages relaxation and socialization. Adding to its allure, the property features two separate lower-level apartments; one with two bedrooms, the other with three, complete with fully equipped kitchens and expansive living areas. Beyond its current use as a retirement home, this property presents a promising opportunity for investors, developers, or entrepreneurs. With minor modifications, the abundant living space can be repurposed to accommodate employees of local businesses or serve as a canvas for innovative ventures that prioritize community and convenience. Outside, you'll find a place to unwind amidst mature trees, a wraparound porch, and lush gardens. A detached insulated and heated double garage provides practical convenience. Nestled in the heart of Picton, the home offers seamless access to essential amenities such as shopping, dining, the local hospital, and recreational facilities. Whether continuing its legacy as a retirement haven or envisioning a new dream, seize the chance to make a positive impact on our beloved community of Prince Edward County! Explore this expansive property today and discover why you too can Call The County Home.

Extras
Laundry available on all three levels.

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Listed By KELLER WILLIAMS ENERGY REAL ESTATE, Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9270004
Last Updated Aug 26, 2024
Property Summary
Property Type Investment

More like this:
Category Accommodation
PIN 550610016
Legal Description PT LT 1667 PL 29 PICTON PT 1 47R3667; PRINCE EDWARD
Occupancy Tenant
Possession Date TBD
Taxes (2023) $6,891.53
Tax Type Annual
Directions/Cross Streets Queen / Johnson
Neighbourhood Picton
Area Prince Edward
Price History
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Detailed Information
Freestanding Y
Lot 155.38 x 104.91 ft
Total Area 5,188 ft2
Air Conditioning Part
Chattels Y
Garage Type Double Detached
Heat Type Elec Forced Air
Financial Statement N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning R3-10
Seller Property Info Statement N

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