483 HIGHWAY 49 ROAD

Key facts

• Property type: Single Family
• Structure: House
• Transaction: For Sale
• Price: $699,000
• Bedrooms: 5
• Bathrooms: 2
• Lot size: 89.5 x 369.2 FT ; Irregular shape
• Parking: 6
• Listing key: 29440172

Listing overview

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 increasingl...