$999,000
71 QUEEN STREET
Beds
17
Baths
—
Sqft
—
Year
—
Type
Business
Suite
Suite potential
Location 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.
About this home
DO NOT MISS THIS DEVELOPMENT OPPORTUNITY IN PICTON LOCATED ON A DOUBLE LOT IN THE HEART OF PRINCE EDWARD COUNTY! This outstanding historic property, with exceptional curb appeal, dates back to 1880 and showcases one-of-a-kind original character both inside and out. The period features include beautiful built-in cabinetry, ornate trim, wide baseboards, high ceilings and two unique staircases, all adding to the timeless charm. Outside the wrap around porch offers the perfect opportunity to relax and entertain while taking in the beauty of the landscaped grounds and the majestic trees. Boasting an expansive layout, the main residence, formerly a retirement home, plus two lower-level apartments, a two and a three-bedroom, would be ideal for extended family, guests, or providing rental income. The property is nestled in a quiet and highly desirable, residential area. It's located just two blocks from Main Street, providing easy access to exceptional dining experiences, coffee shops, pubs, library, art galleries, boutiques and all that this amazing community has to offer. Additional highlights include an insulated double car garage also providing extra space for a workshop and storage, an abundant surfaced parking for residents and visitors, a private fenced in yard and a generous double lot with plenty of room to further develop or customize to suit your vision. Whether you're seeking a turnkey investment, a unique development opportunity, or a grand family home, this property is brimming with possibilities. Don't miss your chance to own a piece of Picton's rich history. Schedule your private tour today! (id:65958)
- Subtype
- Business
- Community
- Picton Ward
- Living area
- 5,000 square feet
- Lot dimensions
- 155 x 104 FT
- Parking
- 8 total
- On market
- Mar 5, 2026
- Status changed
- Apr 25, 2026
- Annual tax
- $7,495
- Zoning
- R3-9
- Photos
- 48
- MLS#
- X12849676
- Area
- PRINCE_EDWARD_COUNTY_(PICTON_WARD)
Features and systems
Appliances
Heating
Cooling
Cash on cash
-6.52%
Cap rate
3.56%
GRM
16.6
Break-even rent
$6,143
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.