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1673 County Road 12

1673 County Road 12

Prince Edward County, ON

12,137 sqft • Investment • 71 days on market

$1,000,000

1673 County Road 12 presents a rare opportunity to acquire a former long-term care facility in the growing community of Picton, Ontario. Situated on approximately 4.157 acres, the property features a single-storey institutional building of approximately 12,137 square feet, formerly licensed for 33 beds, complemented by surface parking and a highly accessible site configuration. Upon sale, the property presents a unique opportunity for repositioning to a range of alternative uses, create strong appeal for investors, developers, and owner-users alike. The property benefits from flexible Institutional (I) zoning permissions, which accommodate a wide range of uses including hospitals, medical clinics, nursing homes, community centres, daycare centres, places of worship, schools, libraries and other assembly-based or service-oriented uses. The existing building infrastructure and floorplate also support potential conversion to retirement living, supportive housing, or other residential redevelopment pathways, subject to municipal approvals. Strategically located near the new Prince Edward County Memorial Hospital and the amenity-rich Sandbanks Provincial Park area, the property benefits from strong regional connectivity and access to key community infrastructure. Supported by favourable demographic trends, including an aging population base. The property represents a compelling opportunity for investors and developers seeking a value-add institutional asset with significant long-term upside.

Listing Details

Taxes (2026)
$7,697
Listed
June 17, 2026

Price History

Listing history

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Location & Legal

Cross Street
Jacobs Ln & Highway 12
Zoning
Institutional (I)
Parcel Number
550540102
Possession
Other

Commercial

Business Type
Seniors Residence
Occupancy
Vacant

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

Commercial in Prince Edward County · last 12 months

Median sold price
$597,000
Homes sold
480
Median days on market
40
Sale-to-list price
95.0%

Based on 480 recorded sales of commercial properties in Prince Edward County over the last 12 months.

Listed by

COLLIERS

Walk Score

15

Walk

33

Bike

Scores by Walk Score®

Location

Commercial figures

Building area
12,137 sq ft
Price per sq ft
$82.39
Annual property tax
$7,697
Tax per sq ft
$0.63

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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