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42 York Street

42 York Street

Prince Edward County, ON

5 bed • 3 bath • approx. 2000-2500 sqft • Triplex • 171 days on market

$885,000

MASSIVE INCOME MAKER! This triplex at list price is cash flow positive! But not only that we have business plan ideas in place for how you can effectively increase what is already a profitable rental. Two of Three units are renovated. The designer flair is seen throughout with unique pastels and finishes. Hardwood Beams and Pillars add historic "Hard Loft" character and atmosphere. Open Concept Units. Private, Porch or rooftop balcony for each unit. Renovations between 2019 and 2024.The backyard has a running creek through it making this incredibly tranquil yard, not only that but a oversized detached garage and massive green space with dedicated seating area to relax all summer long.. 5 Minutes to Downtown Picton, 5 Minute walk to the marina, Local Wineries draw in lots of Spring, Summer and Fall action.

Listing Details

Taxes (2025)
$2,608
Listed
March 9, 2026

Price History

Property

Style
2-Storey
Construction
Stucco (Plaster)
Roof
Flat, Shingles
Foundation
Unknown
Interior
Accessory Apartment, Brick & Beam, Separate Hydro Meter, Sump Pump, Guest Accommodations, In-Law Capability, In-Law Suite
Lot Size
67.5 x 123.22 Feet

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Highway 33 to Main/York
Possession
Flexible

Commercial

Occupancy
Tenant

Included

Inclusions
Furnishings in Unit 2, Unit 1 and 3 appliances such as fridge and stove. Basement Laundry Machines. Laundry machines in unit 1 are tenant owned. Some items in the garage are not included. All other items inside the property to remain.
Exclusions
Laundry unit in unit 1.
Rental Items
Hot water tanks

Waterfront

Water Body
Picton Bay
Shoreline
Unknown
Docking
Marina

Schools

Elementary

  • St Gregory Catholic School0.3 km

    Catholic · Algonquin and Lakeshore CDSB · 215 students

    Grade 3 reading: 45% met the provincial standard · Grade 6 math: 17% met the provincial standard

  • Prince Edward Collegiate Institute Elementary School1 km

    Public · Hastings & Prince Edward DSB · 615 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 37% met the provincial standard

Secondary

  • Prince Edward Collegiate Institute1 km

    Public · Hastings & Prince Edward DSB · 515 students

    Grade 10 literacy: 75% 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
$597,000
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.

Listed by

ROYAL LEPAGE SIGNATURE REALTY

Location

Mortgage Calculator

$177,000

Estimated Monthly Payment

$4,348

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,348/mo (20% down, 5.5%)

Taxes: $217/mo · Insurance: $221/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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