5-7 Chapel Street
Prince Edward County, ON
4 bed • 4 bath • approx. 2000-2500 sqft • Fourplex • 357 days on market
4-PLEX! Look no further! Live and make income or as an investment, this property is in a prime downtown Picton location that you can walk to everything in town. It also has 5 car parking with a 2 car garage! Built in 1900, it is a great legal four-plex that consists of four - one bedroom units, each with a 4 piece bathroom and full kitchen. The windows, electrical and metal roof have all been updated. Don't miss this opportunity!
Listing Details
- Taxes (2024)
- $2,832
- Originally Listed
- $849,900
- Listed
- September 5, 2025
Price History
Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Vinyl Siding
- Roof
- Metal
- Foundation
- Stone
- Interior
- In-Law Capability, Primary Bedroom - Main Floor, Separate Heating Controls, Water Heater Owned
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Main Street
- Zoning
- C1
- Parcel Number
- 550680001
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Included
- Exclusions
- Tenant's belongings
- Rental Items
- None
Schools
Secondary
- Prince Edward Collegiate Institute0.8 km
Public · Hastings & Prince Edward DSB · 515 students
Grade 10 literacy: 75% met the provincial standard
Elementary
- Prince Edward Collegiate Institute Elementary School0.8 km
Public · Hastings & Prince Edward DSB · 615 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 37% met the provincial standard
- St Gregory Catholic School1 km
Catholic · Algonquin and Lakeshore CDSB · 215 students
Grade 3 reading: 45% met the provincial standard · Grade 6 math: 17% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K0K
- Population
- 115,850
- Private dwellings
- 53,153
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Prince Edward County · last 12 months
- Median sold price
- $599,450
- Homes sold
- 478
- Median days on market
- 40
- Sale-to-list price
- 95.0%
Based on 478 recorded sales of residential freehold properties in Prince Edward County over the last 12 months.
Rooms
2 × 4-piece on Main, 2 × 4-piece on Second
Second
- Bedroom11'4" x 13'10"
- Bedroom10'9" x 13'7"
- Kitchen9'1" x 8'6"
- Kitchen9'7" x 10'6"
- Living Room13'1" x 13'7"
- Living Room12'10" x 13'10"
Main
- Bedroom11'6" x 11'9"
- Bedroom11'1" x 11'7"
- Kitchen11'5" x 13'8"
- Kitchen10'8" x 13'2"
- Living Room20'10" x 13'2"
- Living Room21'2" x 13'8"
Listed by
RE/MAX QUINTE LTD.
Location
Mortgage Calculator
$153,000
Estimated Monthly Payment
$3,758
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,758/mo (20% down, 5.5%)
Taxes: $236/mo · Insurance: $191/mo
Estimates only. Consult a financial advisor.
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