49 - 483 HIGHWAY HIGHWAY, Prince Edward County (Hallowell Ward), Ontario, K0K2T0

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For sale, ID#: X12856498
49 - 483 HIGHWAY HIGHWAY
Prince Edward County (Hallowell Ward) Ontario
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5 Beds
2 Bath
$699,000

Attention developers, investors, and builders-this is a rare opportunity within the town limits of Picton. Set on approximately .84 acres with municipal water and sewer, this property presents exceptional redevelopment potential in one of the most sought-after communities inPrince Edward County. While a house currently exists on the property, the highest and best use is redevelopment. The Official Plan supports future residential intensification, and preliminary discussions with a private planner indicate the site could potentially support 8-10residential units through rezoning to R3 or R4. A concept plan is being prepared outlining the potential for a three-storey, three-unit residential building at the front of the property, with additional townhouse units positioned further back on the land. Large parcels with full municipal services inside Picton's settlement boundary are increasingly rare, making this a compelling opportunity for those looking to participate in the continued growth of the community. Buyers are encouraged to complete their own due diligence regarding zoning changes, approvals, development potential, and their intended use. Notes: House is on a septic, but town sewer is available. Current structure and outbuildings being sold where is, as is. (id:2471)

Representatives
The Jancsik's Broker and REALTOR®
ROYAL HERITAGE REALTY LTD., BROKERAGE
Property Details
  • Property Address: 49 - 483 HIGHWAY HIGHWAY, Prince Edward County (Hallowell Ward), Ontario, K0K2T0
  • Community Name: Hallowell Ward
  • Property Type: Single Family
  • Zoning Description: R1
  • Title: Freehold
  • Lot Size: 89.5 x 369.2 FT ; Irregular shape
  • Acreage: 89.5 x 369.2 FT ; Irregular shape|1/2 - 1.99 acres
  • Sewage Type: Septic System
  • Water Type: Municipal water
  • Driveway: No Garage
  • Total Parking Spaces: 6
  • Maintenance Fee: 0.00
  • Amenities Nearby: Golf Nearby, Hospital, Marina, Park, Place of Worship
Structure Details
  • Structure Style: House
  • Style: Detached
  • Storeys: 2
  • Floor Space: 2500 - 3000 sqft
  • Building Age: 100+ years
  • Bedrooms: 5
  • Bathrooms: 2-Total
  • Basement Type: N/A (Unfinished)
  • Cooling: None
  • Exterior Type: Vinyl siding
  • Foundation Type: Stone
  • Appliances Included: Water Heater, Water meter
  • Structures: Outbuilding
Amenities / Features
  • Irregular lot size
  • Sloping
Neighbourhood Information

Listing Office: HARVEY KALLES REAL ESTATE LTD.

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49 - 483 HIGHWAY HIGHWAY, Prince Edward County (Hallowell Ward), Ontario, K0K2T0

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