For Sale

1 Lake Street, Prince Edward County, Ontario K0K 2T0

$850,000

1 Lake Street, Prince Edward County, Ontario K0K 2T0 is For Sale and has a listing price of 850,000. The property is located in the Prince Edward County neighbourhood . It's been on the website for 1 Day.

  • Investment
    Property Type
  • 4
    Bathrooms
  • MLS ID: X12744192
  • Office Name KELLER WILLIAMS ENERGY REAL ESTATE
Property Description

Located in the heart of downtown Picton, this high-profile two-story duplex offers exceptional exposure, walkability, and long-term investment appeal in one of Prince Edward County’s most vibrant hubs. Surrounded by shops, restaurants, cafes, and year-round tourism, the property benefits from constant foot traffic and outstanding visibility. One side of the building is configured with eight professional office spaces, including five leased to strong, established tenants and three vacant offices, providing immediate income with excellent upside for a new owner to occupy space or increase revenue. The layout is ideal for medical, legal, accounting, wellness, or professional services, with flexibility. The other side features a licensed, turnkey short-term accommodation, currently operating successfully as an Airbnb. This fully furnished 4-bedroom unit with two full bathrooms is move-in ready and designed to capture Picton’s thriving tourism market. Extensive renovations include blown-in insulation, an owned gas hot-water-on-demand system, and separate furnaces, A/C units, basements, and entrances for each unit, allowing for efficient, independent operation. With 15 on-site parking spaces-a rare asset downtown-this property offers unmatched versatility, strong income potential, and a true live, work, and invest opportunity in the center of Prince Edward County.

Property Details
  • MLS ID: X12744192
  • Bathrooms: 4
  • Price: $850,000
  • Lot Depth: 128.36
  • Transaction Types: For Sale
  • Ref ID: X12744192
  • Year Built: N/A
  • Dir / Cross St: Lake Street and Picton Main
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
01/30/2026 X12744192 $850,000 For Sale - -
09/02/2025 X12375480 $889,000 For Sale - -
04/05/2025 X12064061 $1,000 For Lease - -
04/04/2025 X12063314 $889,000 For Sale - -
10/25/2024 X9510453 $3,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Prince Edward County
  • $849,482 Average List Price
    based on 1 year
  • 92 New Listings
    based on 30 days
  • 95 Median Days on Market
    based on 1 year
  • List vs. Selling Price 156.89 % Up
  • Sold (12mo) 374
  • Rented (12mo) 94

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    73.51%
  • Commercial
    19.26%
  • Condo
    5.75%
  • Land for Sale
    1.49%
Additional Details
  • Heat Type Y
  • Washroom Type1: 4
  • Garage Type Y
  • Taxes: $8,512
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 30/01/2026 23:17:38
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