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Investment signal

$459,000

11 LOW STREET

Beds

3

Baths

2.1

Sqft

Year

Location

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About this home

3 bedroom home in a family orientated neighbourhood. Located 2 blocks from the Picton Harbour and easy walking distance to the downtown core which offers loads of amenities for any lifestyle. Entertainment to suit many folks, shopping in specialty shops galore, and some very great fine dining and county fare for all. You really don't have to have a car to reach your favourite coffee stop, visit the library, pick up some groceries, get your hair cut, or make use of many professional and medical services available. The home was originally built in 1880 and has had many additions over the years. A main level laundry room, additional 2 piece bathroom on 2nd level, a large carport ideal for your car plus a workshop area and the best part is!!!!!!..........the size of the lot and the multitude of options! Situated on an oversized lot on the corner of Low and Maitland Street that is 117 feet x 75 feet, this plot is only a Minor Variance away from a severance, could possibly be approved for multi-family living new build, or have your swimming pool dreams come true! Currently there is a main level bedroom which has a separate entrance and would be ideal for a home based business. Perhaps a hairdresser, bookkeeper or craftsperson? Picton is a very vibrant community with many recreational features; Hike or cycle on the Millenium Trail, 2 Community Centres with ice rinks, ball diamonds, skate and water park, Tennis courts, basketball courts, Pickle ball court and so many parks and beaches to enjoy all seasons. (id:65958)

Subtype
Single Family
Structure
House
Community
Picton Ward
Common interest
Freehold
Lot dimensions
75.6 x 117.6 FT
Bedrooms
3 above grade
Parking
9 total
Stories
1.5
On market
Oct 31, 2025
Status changed
Apr 13, 2026
Annual tax
$2,009 (2025)
Zoning
R1
Photos
34
MLS#
X12496534
Area
PRINCE_EDWARD_COUNTY_(PICTON_WARD)

Features and systems

Parking

CarportNo Garage

Basement

Partial

Appliances

WasherRefrigeratorWater meterDishwasherStoveDryerWater Heater

Heating

Forced airNatural gas

Cooling

None

Exterior

AsbestosVinyl siding

Foundation

StoneBlock

Utilities

SewerElectricityCable
Negative cash flow ~$837/mo at these assumptions

Cash on cash

-10.94%

Cap rate

3.70%

GRM

15.9

Break-even rent

$3,281

Financing

Down payment$91,800
Loan amount$367,200
Mortgage$2,253/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$210
Insurance$80
Maintenance$383
CapEx reserve$191
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Prince Edward County (Picton Ward). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,253/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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