83 Union Street

Nestled in the heart of Prince Edward County, at 83 Union Street, Prince Edward County, this charming Multi-Family Home for sale in Prince Edward County is a splendid example of historic architecture blended with modern convenience. This circa 1900 row house boasts three well-maintained two-bedroom units, each featuring 1.5 bathrooms, offering a unique character and appeal that is sure to attract potential tenants. With its inviting atmosphere and thoughtful updates, this property is an excellent investment opportunity for those looking to make their mark in the vibrant community of Picton Ward.

As you approach 83 Union Street, Prince Edward County, the exterior, clad in durable vinyl siding, exudes a timeless charm. Each of the three south-facing units is designed to fill the living spaces with an abundance of natural light, creating a warm and welcoming environment. The property has undergone several modern upgrades, including a newer roof that is just five years old, updated appliances, and the preservation of original pine floors that add to the historic allure. The Multi-Family Home for sale in Prince Edward County is equipped with gas furnaces and two split heating and air conditioning units in each unit, ensuring year-round comfort for residents.

This impressive property comprises a total of 13 rooms, including three kitchens, allowing for easy meal preparation and entertaining. Although there is no den or family room, the layout of the units is well thought out, providing ample space for living and relaxation. The bathrooms, numbering six in total, cater to the needs of the tenants, ensuring convenience and privacy. The central air conditioning system enhances the comfort of the home, while the forced air heating system keeps the units warm during the colder months.

One of the standout features of this Multi-Family Home for sale in Prince Edward County is the outdoor living space. Each unit enjoys private outdoor areas with rear decks that lead down to a shared backyard retreat. This inviting outdoor space is adorned with perennial gardens, a cosy fire pit, and a detached garden studio that is perfect for hobbies or creative pursuits. Additionally, a garden shed provides ample storage for tools and equipment, making it an ideal environment for gardening enthusiasts. The communal outdoor area not only enhances the property’s appeal but also fosters a sense of community among tenants.

Parking is a breeze at 83 Union Street, Prince Edward County, with eight dedicated parking spaces available, ensuring convenience for both residents and guests. Each unit comes with two dedicated parking spaces, making it easy for tenants to come and go as they please. The property is well set up for investment, featuring separate hydro and gas meters along with individual heating systems, allowing each tenant to be responsible for their own utilities.

The rental income generated by this Multi-Family Home for sale in Prince Edward County is impressive, with current rents ranging from £1,600 to £2,000 per month, leading to a gross operating income of £64,800 annually. This property not only offers a solid return on investment but also the potential for long-term value appreciation, thanks to its prime location and historical significance.

Situated just 400 metres from the harbour and a mere 650 metres from the top of Town Hill and downtown Picton, 83 Union Street, Prince Edward County, is perfectly positioned to enjoy all the amenities and attractions that the area has to offer. With rental income information and a home inspection readily available, this Multi-Family Home for sale in Prince Edward County is a standout opportunity for investors looking to capitalise on the thriving rental market in this beautiful region. Don’t miss your chance to own a piece of history while securing a profitable investment in Prince Edward County!

Picton Ward, nestled in the heart of Prince Edward County, offers a charming blend of rural tranquillity and vibrant local culture. This picturesque area is characterised by its rolling landscapes, historic architecture, and a welcoming atmosphere that draws residents and visitors alike. With its proximity to the stunning shores of Lake Ontario, Picton Ward boasts ample opportunities for outdoor activities, from boating and fishing to hiking along scenic trails. The town centre is alive with quaint shops, delightful eateries, and a lively arts scene, making it an ideal place for those seeking a balanced lifestyle amidst natural beauty and community spirit. Whether you're exploring local vineyards or enjoying the annual festivals, Picton Ward promises a fulfilling and enriching living experience.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Just 0.2 km away is St. Gregory Catholic School, an elementary institution under the Algonquin and Lakeshore Catholic District School Board, offering grades from Junior Kindergarten to Grade 8 with a commendable school rating of 5.1. For secondary education, Prince Edward Collegiate Institute is situated 1.3 km from the property, providing a robust curriculum for grades JK to 12, with a school rating of 3.7. Notably, this school also offers a French program for grades 4 to 8, catering to diverse language preferences. Both schools are public and operate in English, ensuring accessibility for the local community. The proximity to these schools enhances the property's appeal, providing excellent educational opportunities for children in a supportive learning environment. Whether you prioritize elementary or secondary education, this area is well-equipped to meet your family's educational needs.