$1,550,000
Est. payment $6,863/moCalculate yours
1398 Old Milford Road, Prince Edward County, ON K0K 2T0
South Marysburg Ward, Prince Edward County, ON K0K 2T0
- 9 Beds
- 6 Baths
- 2 Garage
- 3,500 Sq Ft
Listing courtesy of Chestnut Park Real Estate Limited MLS® X13741278
About this home
A rare investment opportunity awaits on 47 acres in beautiful Prince Edward County, just 15 minutes from the heart of Picton. This unique property features five fully self-contained residential units, four of which have been recently updated with new appliances and modern finishes. Extensive upgrades have been made throughout, including updated heating and cooling systems for each unit and the garage, underground hydro service from the road, a newly installed generator, and a brand new well ensuring ample water supply to all units. The garage is outfitted with laundry hookups, a washroom, and a spacious back room that would make an ideal office, studio, or workshop. Outside, enjoy a well-maintained above-ground communal pool with a surrounding wooden deck and secure fencingperfect for relaxation or entertaining. Whether you’re looking to house staff for a local business, live in one unit while generating income from the others, or take advantage of a profitable investment opportunity, this property checks every box. With limited quality multi-unit offerings available in the County, this is your chance to secure a turnkey income property with room to grow.
Property details
Overview
- Property Type
- Multiplex
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 9
- Bathrooms
- 6
- Kitchens
- 4
- Basement
- None
Building & Systems
- Heating
- Other (Other)
- Cooling
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 234.79 x 2652.85 Feet
- Parking
- Detached garage · 22 total
- Zoning
- RU, EP
Financial
- Property Taxes
- $5,650 (2025)
Location
- Neighbourhood
- South Marysburg Ward
- Cross Street
- Old Milford Rd between Scotts Mills Rd & Jacksons Falls Rd
- Direction Faces
- West
Listing
- MLS® Number
- X13741278
- Days on Market
- 46
- Listed On
- 2026-09-02
- Possession
- TBD
- Listed By
- Chestnut Park Real Estate Limited
Features
Interior
- Guest Accommodations
- In-Law Capability
- Storage
Property
- Clear View
- School Bus Route
Pool
- Above Ground
- Excluded
- Personal belongings
Mortgage calculator
Estimated mortgage payment
$6,863 per month
- Principal and interest
- $6,863
- Property tax
- $471
- Condo fees
- $0
- Estimated monthly cost
- $7,334
Your mortgage
- Mortgage amount
- $1,240,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $818,919
Cash to close
- Down payment
- $310,000
- Land transfer tax
- $27,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $337,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.