A strategic acquisition in the heart of Prince Edward County, this multi unit income property offers both strength and scale, delivering stable cash flow today, and a canvas of untapped potential for tomorrow. Situated on a double lot with sought after zoning opening doors beyond, this offering is a rare combination of character, land, and latitude in one of Ontarios most dynamic real estate markets. Each well equipped unit is self-contained, creating a setup that supports long-term rental viability and minimizes operational friction. Significant capital upgrades across the board of since 2013 include but not limited to new roof, windows, heating systems, fixture upgrades, painted exterior, and motion sensor lighting that all set a solid foundation. A rejuvenated top floor loft is fashioned beautifully reflecting the the caliber of the home with an inviting modern-country aesthetic and sleek for short term rental or owner suite occupation retreat as desired in PEC. This unit also features the addition of a deck dormer and balcony to take in the view and tree tops over the skies of Picton. Recent letter on file, dated July 2025, from The Fire Prevention Division with no contraventions at time of inspection of the Ontario Fire Code. Whether youre scaling your portfolio, looking to create a flexible co-op ownership structure, room to house local working staff, retire or envisioning a lifestyle where living, investing, and community converge this is a place to put down roots with upside. The County continues to attract forward-thinking stewards. Heres your chance to be one of them and shape your legacy in an opportunity that invites discovery and evolution. The property is truly turnkey.
Address
365 Main Street
List Price
$1,675,000
MLS® Status
New
Expiration Date
2025-11-30
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
3-Storey
Transaction Type
For Sale
Area
Prince Edward County
Sub-Area
Picton Ward
Bedrooms
7
Bedrooms (Total)
7
Rooms Above Grade
25
Bathrooms
5
Floor Area
3500 - 5000 Sq. Ft.
Lot Size Source
Other
Lot Depth
198
Lot Shape
Rectangular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
102
Parcel Number
550590045
Occupant Type
Tenant
Cross Street
Main Street and Fairfield Street
Approx. Age
100+ Years
MLS® Number
X12304572
Listing Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Basement Area
Partial Basement
Postal Code
K0K 2T0
Posession Details
Flexible
Parking
Mutual, Private
Parking Places (Total)
8
Parking Spaces
8
Tax Amount
$5,321.00
Tax Year
2025
Accessibility Features
Fire Escape, Parking
Exterior Features
Deck, Landscaped, Porch
Interior Features
Built-In Oven, In-Law Capability, Separate Hydro Meter, Storage
Property Features
Golf, Hospital, Marina, Park, Rec./Commun.Centre, School
Cable
Yes
Central Vacuum
No
Family Room
Yes
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Other
Construction Materials
Stucco (Plaster)
Direction Faces
North
Fireplace
Yes
Fireplace Features
Electric, Natural Gas
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
5
Kitchens Above Grade
5
Other Structures
Shed
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 161-162 PL 24 PICTON; PRINCE EDWARD
Security Features
Carbon Monoxide Detectors, Other, Smoke Detector
Topography
Flat
View Type
Downtown, Garden, Park/Greenbelt, Trees/Woods
Waterfront
No
Sewer
Sewer
