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$1,450,000
Est. payment /mo
6 Baths
5,188 SqFt
UPDATED:
11/27/2024 05:27 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,188 sqft
Price per Sqft $279
MLS Listing ID X11215733
Annual Tax Amount $6,891
Tax Year 2023
Property Description
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.
Location
Province ON
County Prince Edward County
Community Picton
Area Prince Edward County
Zoning R3-10
Region Picton
City Region Picton
Interior
Cooling Partial
Inclusions All appliances currently residing within the property. Many furniture pieces can be included with purchase.
Exterior
Utilities Available Yes
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Listed by KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE
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