Gurvinder Nokwal REALTOR®
For Sale Multiplex 46 days on market

$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
Map

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

Minimum for this price: $310,000 (20%)

Amortization, years

Estimated mortgage payment

$6,863 per month

Principal and interest
$6,863
Property tax
$471
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
Total, before legal fees
$337,475
Talk to me about financing

Estimates 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

1398 Old Milford Road, Prince Edward County, ON K0K 2T0 South Marysburg Ward, Prince Edward County, ON K0K 2T0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,550,000 1398 Old Milford Road, Prince Edward County, ON K0K 2T0
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