1398 Old Milford Road, Prince Edward County

$1,550,000
1398 Old Milford Road

$1,550,000

New
51d
MultiplexBungalow

1398 Old Milford Road, Prince Edward County

Total Monthly Obligation $7,098

Beds
9
Baths
6
Park
20
Sqft
3500-5000
DOM
51d
Property Type-Multiplex
MLS® Number-X13741278
Beds-9
Bathrooms-6
Size-3500-5000 sqft
Lot Size-234.79 × 2652.85 ft
Listed on site-Sep 2, 2026
Style-Bungalow
Building Type-Multiplex
Taxes-$5,649.87 (2025)
Parking-22 - Detached
Basement-None
Heating-Other (Other)
Brokerage-Chestnut Park Real Estate Limited
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-South Marysburg Ward
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$1,240,000
Land Transfer Taxes$27,475
Legal Fees (Est.)
$
Total cash required for closing$338,975

Total Monthly Obligation

$7,098/mo
Mortgage $6,252
Monthly Loss $5,453
Principal$1,645
Interest$4,607
Property Tax$471
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1398 Old Milford Road

Time

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