8 Albert Street

Welcome to the exceptional opportunity presented by this house for sale in Prince Edward County , located at 8 Albert Street, Prince Edward County. Nestled in the heart of Picton Ward, this property is just a stone's throw from charming shops, delightful restaurants, and all local amenities. Moreover, the stunning Sandbanks Provincial Park is only a short drive away, making this location not only convenient but also highly desirable for those who appreciate the beauty of nature and community living.

This detached house, with its vinyl siding, stands on a generous lot measuring 58 X 198 feet. Although the existing structure has suffered significant damage from a fire and is beyond repair, it presents a unique opportunity for the discerning buyer. The house for sale in Prince Edward County is not just a property; it is a canvas awaiting your vision and creativity. Whether you are looking to build your dream home or an investment property, the potential here is boundless.

At 8 Albert Street, Prince Edward County, you will find that the garage on the property remains unaffected by the fire, providing a valuable asset for storage or as a workspace. This detached garage offers space for one vehicle, and with additional parking available for up to three cars, convenience is assured. However, it is important to note that the house itself is currently unfurnished and lacks a kitchen, bathrooms, and any additional rooms, including a family room or den. This absence of interior features allows you the freedom to design and construct a layout that perfectly suits your needs.

The property is serviced by municipal water and sewer, ensuring that essential utilities are readily available. While the house does not have a central vacuum system or air conditioning, the possibilities for modernisation and enhancement are endless. The absence of a pool and fireplace may initially seem limiting, but it allows you to focus on the fundamental aspects of your new build without the constraints of existing structures.

This house for sale in Prince Edward County is being offered on an 'as is, where is' basis, which means that the buyer will need to take on the responsibility of the property in its current state. The power of sale condition adds an element of urgency and opportunity, making this an attractive proposition for those looking to invest in real estate within this sought-after area. Please be advised that no written offers will be conveyed until June 5th at 9 am, giving you time to consider the potential this property holds.

Living at 8 Albert Street, Prince Edward County, places you in a vibrant community that is rich in culture and natural beauty. The proximity to local amenities and recreational opportunities makes this an ideal location for families, retirees, or anyone looking to enjoy a relaxed lifestyle. The charm of Picton Ward, combined with the allure of the surrounding area, makes this house for sale in Prince Edward County a remarkable investment opportunity.

In conclusion, if you are seeking a property that offers the chance to create something truly special, look no further than 8 Albert Street, Prince Edward County. With its prime location, the potential for redevelopment, and the convenience of local amenities, this house for sale in Prince Edward County is a rare find. Seize this opportunity to bring your vision to life in one of Ontario's most picturesque regions. Don't miss out on the chance to transform this property into your dream home or a lucrative investment.

Picton Ward, nestled within the charming Prince Edward County, offers a delightful blend of rural tranquillity and vibrant local culture. This picturesque area is characterised by its rolling landscapes, historic architecture, and a close-knit atmosphere that reflects the region's rich heritage. Residents can enjoy the scenic beauty of nearby vineyards, lush farmland, and the sparkling waters of Lake Ontario, making it an ideal spot for outdoor enthusiasts. With a variety of local shops, cafes, and art galleries, Picton Ward fosters a sense of community while providing easy access to the natural wonders that define this enchanting part of Ontario. Whether you're seeking a peaceful retreat or a place to engage with a lively arts scene, Picton Ward promises a fulfilling lifestyle in a stunning setting.

Schools in the Neighbourhood

The property is conveniently located near Prince Edward Collegiate Institute, a well-regarded secondary school situated just 1.6 km away in Picton, Prince Edward County. This public institution operates under the Hastings and Prince Edward District School Board and offers a comprehensive education from Junior Kindergarten through to Grade 12, with a strong school rating of 4.3. The school provides instruction primarily in English, catering to a diverse student body, and also offers a French language program for grades 4 to 8, ensuring a bilingual education option. This proximity to quality educational facilities makes the property an attractive choice for families seeking a supportive and enriching environment for their children’s academic journey. With both English and French language options available, parents can choose the best fit for their child's educational needs. Overall, the presence of such reputable schools nearby adds significant value to the property, enhancing its appeal to potential buyers looking for a family-friendly neighborhood.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,193 residents, characterized by an average household size of 1.9 individuals. The demographic profile indicates a mature community with an average age of 52.3 years. The average household income stands at $65,600, with 20% of the population classified as low-income. The real estate market reflects a median home price of $564,000, appealing to a diverse range of buyers. A significant portion of the population, 53%, is single, while households with children make up approximately 23.81%. Renters constitute a notable 51.72% of the housing market, and condos represent about 8.62% of residential options. The area also has a modest immigrant population of 9.05%. Educational attainment is high, with 52.91% of residents holding a college or university degree. However, it is worth noting that 57.14% of the population is not currently in the labor force, indicating a potential demographic trend of retirees or individuals not actively seeking employment. Overall, this community presents a blend of stability and diversity, making it an interesting location for potential homeowners and investors alike.