Added 2 months ago
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Type: Investment
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Property Type: Commercial
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Zoning: R3-10
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Age: No Data
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Taxes: 6891.53
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MLS®#: X9270004
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Added: Aug 26, 2024 (2 months ago)
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Updated:
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Last Checked: 7 hours ago
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Listed By: KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE
Acquire a piece of history with this captivating residence- a stately home dating back to circa 1880! Known affectionately as "The Fraser House", the residence is currently serving as a well-established retirement home, offering space for up to ten residents. This cherished landmark embodies the elegance of a bygone era; showcasing timeless charm, exquisite millwork, and original architectural details. Spanning over 5000sf of living space, this property offers a versatile layout suited to various housing configurations. Boasting 12 private bedrooms, each complemented by its own 2 or 3-piece bathroom, the residence promotes both privacy and comfort. From the inviting living rooms and dining areas to the well-appointed kitchen and communal spaces, every corner encourages relaxation and socialization. Adding to its allure, the property features two separate lower-level apartments; one with two bedrooms, the other with three, complete with fully equipped kitchens and expansive living areas. Beyond its current use as a retirement home, this property presents a promising opportunity for investors, developers, or entrepreneurs. With minor modifications, the abundant living space can be repurposed to accommodate employees of local businesses or serve as a canvas for innovative ventures that prioritize community and convenience. Outside, you'll find a place to unwind amidst mature trees, a wraparound porch, and lush gardens. A detached insulated and heated double garage provides practical convenience. Nestled in the heart of Picton, the home offers seamless access to essential amenities such as shopping, dining, the local hospital, and recreational facilities. Whether continuing its legacy as a retirement haven or envisioning a new dream, seize the chance to make a positive impact on our beloved community of Prince Edward County! Explore this expansive property today and discover why you too can Call The County Home.
Extras
Laundry available on all three levels.
Property
Status: Sale
Property Type: Investment
Property Type: Accommodation
Area: Prince Edward County
Community: Picton
Availability Date: TBD
Inside
Air Conditioning: Part
Utilities
Utilities: Yes
Building
Heat Type: Elec Forced Air
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Double Detached
Fees
Tax Year: 2023
Tax Legal Description: PT LT 1667 PL 29 PICTON PT 1 47R3667; PRINCE EDWARD
Taxes: $6,892
Taxes Type: Annual
Land
Cross Street: Queen / Johnson
Municipality District: Prince Edward County
Parcel Number: 550610016
Lot Depth: 104.91 Feet
Lot Frontage: 155.38 Feet
Zoning: R3-10
Additional Media
- Virtual Tour: https://www.youtube.com/watch?v=QlnS8Cv9UQg&feature=youtu.be
Commercial Specific
Total Area: 5188
Total Area Metric: Sq Ft
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Financial Statement: N
Prince Edward Collegiate Institute Elementary School
Elementary: PublicAthol-South Marysburgh School Public School
Elementary: PublicDeseronto Public School
Elementary: PublicSophiasburgh Central Public School
Elementary: PublicQueen Elizabeth Public School
Elementary: PublicSt Gregory Catholic School
Elementary: CatholicSir James Whitney/Sagonaska Secondary School
Secondary: ProvincialSir James Whitney School for the Deaf
Secondary: ProvincialNicholson Catholic College
Secondary: CatholicPrince Edward Collegiate Institute
Secondary: PublicMoira Secondary School
Secondary: PublicSt Theresa Catholic Secondary School
Secondary: Catholic
