Prince Edward County (Picton Ward) ON, K0K 2T0
Property Information:
Welcome to 56 Mary Street in the heart of Picton, Prince Edward County. This meticulously maintained fourplex with its trademark sunflower hedge and picket fence has been a comfortable place from which tourists can explore, and short term guests have found a homey atmosphere. With plenty of parking and a location just steps from Main Street, this property is an excellent investment or, live in one unit and rent the remaining three. Zoned core commercial, and with a grandfathered Short Term Accommodation license for 10 guests, this property lends itself to a number of uses, including: commercial, residential, short or long term tenants. Currently the property is known as "Loyalist Lofts," featuring the "Picton" upper two-bedroom apartment, the "Wellington" main level two-bedroom apartment, the "Bloomfield" townhouse one-bedroom apartment, and a manager's one bedroom townhouse suite at the rear. The three cheerful guest suites are decorated with an eclectic style with cozy furnishings, comfortably sized bedrooms with high ceilings and original features, trim work, local artwork, fully stocked kitchens and cozy reading nooks for rainy days. Many improvements including roof (shingles 2022), upgraded electrical/new electrical panels and separately metered service (panels 2023) upgraded bathrooms and more! This property is being sold turnkey, with everything you need to start your journey as an AirBnb host - from furnishings to bed linens. We live where you vacation, you could live here too! (id:27)
Building Features:
- Style: Multiplex
- Building Type: Fourplex
- Air Conditioning: Yes
- Amenities: Separate Hydro Meters
- Basement Development: Unfinished
- Basement Type: Full
- Exterior Finish: Brick
- Fireplace Type: Free Standing Metal
- Floor Space: 3000 - 3500 sqft
- Foundation Type: Stone
- Heating Type: Forced air
- Heating Fuel: Natural gas
- Cooling Type: Window air conditioner
- Appliances: Water meter, All
Property Features:
- Property Type: Multi-family
- Bedrooms: 6
- Bathrooms: 4
- Features: Flat site, Carpet Free, Guest Suite
- Floor Space (approx): 3000 - 3500 Square Feet
- Irregular: Yes
- Landscape Features: Landscaped
- Lot Size: 40.5 x 125 Acre
- Structure Type: Patio(s), Porch
- Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
- View Type: City view
- Zoning: CC
- Sewer: Sanitary sewer
- Parking Type: No Garage
- No. of Parking Spaces: 6
Rooms:
- Living 2nd Level 2.81 m x 2.62 m 9.22 ft x 8.60 ft
- 5th Bedroom 2nd Level 4.69 m x 3.16 m 15.39 ft x 10.37 ft
- Bathroom 2nd Level 2.27 m x 2.84 m 7.45 ft x 9.32 ft
- 3rd Bedroom 2nd Level 4.70 m x 3.52 m 15.42 ft x 11.55 ft
- Bathroom 2nd Level 3.02 m x 2.47 m 9.91 ft x 8.10 ft
- 4th Bedroom 2nd Level 3.72 m x 3.52 m 12.20 ft x 11.55 ft
- Kitchen 2nd Level 2.27 m x 2.47 m 7.45 ft x 8.10 ft
- Dining 2nd Level 2.33 m x 2.47 m 7.64 ft x 8.10 ft
- Laundry Lower Level 2.03 m x 1.93 m 6.66 ft x 6.33 ft
- Bedroom Main Level 4.67 m x 4.23 m 15.32 ft x 13.88 ft
- Kitchen Main Level 3.80 m x 2.56 m 12.47 ft x 8.40 ft
- Living Main Level 4.70 m x 4.48 m 15.42 ft x 14.70 ft
- Family Main Level 2.81 m x 3.87 m 9.22 ft x 12.70 ft
- Kitchen Main Level 1.86 m x 3.87 m 6.10 ft x 12.70 ft
- 2nd Bedroom Main Level 3.66 m x 2.58 m 12.01 ft x 8.46 ft
- Bathroom Main Level 2.12 m x 2.60 m 6.96 ft x 8.53 ft
- Kitchen Main Level 3.57 m x 5.04 m 11.71 ft x 16.54 ft
- Living Main Level 3.07 m x 3.32 m 10.07 ft x 10.89 ft
- Primary Bedroom Upper Level 3.70 m x 3.87 m 12.14 ft x 12.70 ft
- Bathroom Upper Level 1.37 m x 2.30 m 4.49 ft x 7.55 ft
- Other Upper Level 1.37 m x 1.00 m 4.49 ft x 3.28 ft
Convert Measurement to:
Courtesy of: CENTURY 21 LANTHORN REAL ESTATE LTD.
⚠ Potential Investment Performance
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Market Price Trends
Location of 56 MARY STREET, Prince Edward County (Picton Ward), Ontario, K0K 2T0
Demographic Information of 56 MARY STREET, Prince Edward County (Picton Ward), Ontario, K0K 2T0
Life Stage
Later YearsEmployment Type
Blue Collar/Primary, Blue Collar/Service SectorAverage Household Income
$117,544.10Average Number of Children
1.58Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
11.87 %High school certificate or equivalent
29.96 %Apprenticeship trade certificate/diploma
4.99 %College/non-university certificate
27.08 %University certificate (below bachelor)
2.28 %University Degree
23.83 %Commuter
Travel To Work
By Car
74.18 %By Public Transit
0.0 %By Walking
24.23 %By Bicycle
0.23 %By Other Methods
1.36 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
26.67 %Houses
73.33 %