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.
Address
483 Highway 49 Road
List Price
$699,000
MLS® Status
New
Expiration Date
2026-08-31
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Prince Edward County
Sub-Area
Hallowell Ward
Bedrooms
5
Bedrooms (Total)
5
Rooms Above Grade
12
Bathrooms
2
Floor Area
2500-3000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
369.24
Lot Shape
Irregular
Lot Irregularities
Irregular shape
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
89.52
Parcel of Tied Land
No
Occupant Type
Owner
Cross Street
Picton Main St & Fawcett Ave.
Approx. Age
100+ Years
MLS® Number
X12856498
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Basement Area
Unfinished
Postal Code
K0K 2T0
Posession Details
TBD
Parking
Private Double
Parking Places (Total)
6
Parking Spaces
6
Tax Amount
$1,443.86
Tax Year
2025
Site Influences
Golf, Hospital, Library, Marina, Park, Place Of Worship
Interior Features
Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned, Water Meter
Property Features
Golf, Hospital, Library, Marina, Park, Place Of Worship
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Gas
Heat Type
Water
Cooling Features
None
Construction Materials
Vinyl Siding
UFFI
No
Direction Faces
West
Fireplace
No
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Other Structures
Out Buildings
Pool Features
None
Roof
Metal
Tax Legal Description
LT 56 RCP 28 HALLOWELL EXCEPT PT 1 47R5946; PRINCE EDWARD
Topography
Sloping
Waterfront
No
Sewer
Septic
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