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Renanza Realty
For sale

483 HIGHWAY 49 ROAD

Prince Edward County (Hallowell Ward), Ontario

MLS® X13864758

$599,000

Status
Active
Property type
House
MLS® number
X13864758
Bedrooms
5
Bathrooms
2
Year built
—

Listing 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.

Property summary

MLS® number
X13864758
Property type
Single Family
Building type
House
Title
Freehold
Land size
89.5 x 369.2 FT ; Irregular shape
Annual property taxes
$1,443.86
Parking
6 spaces · No Garage
Days on market
35 days

Features & details

Heating
Natural gas
Cooling
None
Basement
Unfinished, N/A
Appliances
Water meter, Water Heater
Exterior features
Vinyl siding
Lot features
Irregular lot size, Sloping

What would this home cost you?

Based on the $599,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,787 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Harvey Kalles Real Estate Ltd., Picton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.