
1673 County Road 12
Prince Edward County, ON
12,137 sqft • Investment • 71 days on market
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
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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.
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