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Investment signal

$639,900

9 EAST MARY STREET

Save this home

Beds

3

Baths

2

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Discover the perfect blend of investment opportunity and lifestyle living with this unique property, ideally situated on a spacious double lot just one block from Picton's vibrant Main Street, in the heart of Prince Edward County. The main level is a licensed short-term accommodation, thoughtfully designed with an expansive, light-filled layout. Enjoy two inviting living rooms, a formal dining room, a well-equipped kitchen leading out to a deck making it the ideal spot for barbequing, plus one comfortable bedroom, and a full bath. Upstairs, a versatile loft area provides a blank canvas that would be perfect for creating a family room, studio, or a luxurious primary suite to suit your needs. Step out onto the charming covered front porch, perfect for morning coffee or relaxing evenings. The lower level is configured for a long-term rental or to be owner occupied. It features a functional, open-concept layout including a bright kitchen, cozy living room, two bedrooms, a full bath, and a screened-in sunroom offering a peaceful retreat. Outside, the fully fenced backyard is a private oasis, beautifully landscaped with mature gardens consisting of a variety of unique plantings and no rear neighbours for added privacy. A community walking trail runs directly behind the property, seamlessly connecting you to a nearby park at one end and the picturesque PEC Harbour and Marina at the other - a playground for outdoor enthusiasts. This property offers exceptional flexibility for investors, multi-generational living, or anyone seeking to enjoy the best of Prince Edward County's lifestyle and amenities. Don't miss your chance to own this special spot in one of the County's most desirable locations! (id:65958)

Subtype
Single Family
Structure
House
Community
Picton
Common interest
Freehold
Lot dimensions
93.2 x 124.5 FT
Bedrooms
1 above grade, 2 below grade
Parking
2 total
Stories
1.5
On market
Apr 27, 2026
Status changed
Apr 27, 2026
Annual tax
$2,457.74
Zoning
R2
Photos
47
MLS#
X13046456
Area
PRINCE_EDWARD_COUNTY_(PICTON)

Features and systems

Parking

No Garage

Basement

FinishedApartment in basementWalk outN/AN/A

Appliances

WasherRefrigeratorWater meterDishwasherStoveDryerMicrowave

Heating

Forced airNatural gas

Cooling

Central air conditioning

Foundation

Block

Lot

Carpet FreeGuest SuiteIn-Law Suite

Utilities

SewerElectricityCable
Negative cash flow ~$727/mo at these assumptions

Cash on cash

-6.82%

Cap rate

3.50%

GRM

16.7

Break-even rent

$3,965

Financing

Down payment$127,980
Loan amount$511,920
Mortgage$2,594/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$293
Insurance$80
Maintenance$533
CapEx reserve$267
Vacancy loss$160

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

Estimated $2,594/mo at 4.5% with 20% down, 30-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 27, 2026.

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