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71 Queen Street

71 Queen Street

Prince Edward County, ON

17 bed • 5,000 sqft • Investment • 70 days on market

$899,000Price reduced 10%

DO NOT MISS THIS DEVELOPMENT OPPORTUNITY IN PICTON LOCATED ON A DOUBLE LOT IN THE HEART OF PRINCE EDWARD COUNTY! Under the Picton Secondary Plan, the property is designated Town Residential, supporting a wide range of residential uses. The existing building features attractive residential character and may be suitable for various housing formats, subject to applicable approvals and municipal requirements. This designation provides flexibility for developers, investors, and organizations seeking residential development opportunities in one of Prince Edward County's most desirable communities. This century home with an added two level extension offers an expansive layout including two apartments, both with two bedrooms. Additional highlights include an insulated double car garage providing extra space for a workshop and storage, abundant surfaced parking, a private fenced in yard and a generous double lot with plenty of room to develop.This property is brimming with potential and possibilities and is located just a few blocks from Main Street in Picton. This is a rare offering!

Listing Details

Taxes (2025)
$7,495
Originally Listed
$999,000
Listed
June 18, 2026

Price History

Listing history

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Property

Age
100+
Lot Size
155 x 104 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Johnson St and Queen St
Zoning
R3-9
Parcel Number
550610016
Possession
Immediate

Commercial

Business Type
Other
Occupancy
Vacant

Included

Inclusions
All appliances in the main kitchen and two apartments are included, washer and dryer.
Exclusions
Personal belongings
Rental Items
Hot Water Heater

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
478
Median days on market
40
Sale-to-list price
95.0%

Based on 478 recorded sales of commercial properties in Prince Edward County over the last 12 months.

Listed by

Chestnut Park Real Estate Limited

Location

Commercial figures

Building area
5,000 sq ft
Price per sq ft
$179.80
Annual property tax
$7,495
Tax per sq ft
$1.50

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

R

Reita | Assistant

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Reita said:

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