$675,000
Est. payment $2,989/moCalculate yours
483 Highway 49 Road, Prince Edward County, ON K0K 2T0
Hallowell Ward, Prince Edward County, ON K0K 2T0
- 5 Beds
- 2 Baths
- 2,500 Sq Ft
Listing courtesy of Harvey Kalles Real Estate Ltd. MLS® X13864758
About this home
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 increasingly rare, making this a compelling opportunity for those looking to participate in the continued growth of the community. Notes: House is on a septic, but town sewer is available. Current structure and outbuildings being sold where is, as is.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 2,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Unfinished
Building & Systems
- Heating
- Water (Gas)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Stone
- Roof
- Metal
- Water
- Municipal
- Sewer
- Septic
Lot & Parking
- Lot Size
- 89.52 x 369.24 Feet
- Parking
- None garage · 6 total
- Zoning
- R1
Financial
- Property Taxes
- $1,444 (2025)
Location
- Neighbourhood
- Hallowell Ward
- Cross Street
- Picton Main St & Fawcett Ave.
- Direction Faces
- West
Listing
- MLS® Number
- X13864758
- Days on Market
- 13
- Listed On
- 2026-10-05
- Possession
- Flexible
- Listed By
- Harvey Kalles Real Estate Ltd.
Features
Interior
- Accessory Apartment
- In-Law Capability
- Primary Bedroom - Main Floor
- Water Heater Owned
- Water Meter
Property
- Golf
- Hospital
- Library
- Marina
- Park
- Place Of Worship
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,989 per month
- Principal and interest
- $2,989
- Property tax
- $120
- Condo fees
- $0
- Estimated monthly cost
- $3,109
Your mortgage
- Mortgage amount
- $540,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $356,626
Cash to close
- Down payment
- $135,000
- Land transfer tax
- $9,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $144,975
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
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