Unique Multi-Generational Home with Income Potential. Welcome to 319 Main St, steps from The Drake and Lakeside Motel. This renovated former general store built in 1895 offers an exceptional investment opportunity. Ideal for multi-generational families, it features four high-end rental units, an owner-occupied turn-key short-term accommodation, or a 4-unit boutique hotel with en suites. New plumbing, wiring, HVAC, drywall, flooring, custom bathrooms, kitchens, and lighting ensure a low maintenance and contemporary living experience. This property is cash flow positive from day one, generating strong rental income with a proven track record. Ready for immediate rental income, two years of financials available as an operating, legal, "Super Host" STA. With a Walk Score of 100, you're minutes from PEC's top restaurants, bars, galleries, beaches, groceries, and schools. Enjoy biking to nearby wineries and exploring the vibrant local culture. Stunning Property: On a spacious lot with water views, this unique home blends historic charm with modern luxury, offering endless possibilities
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2 1/2 Storey
Approx. Age:
100+
Depth:
250'76.2 m
Frontage:
61'18.6 m
Direction Faces:
North
Bedrooms:
6
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
6
Kitchens Above Grade:
4
Rooms Above Grade:
16
Ensuite Laundry:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Crawl Space
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
8
Total Parking Spaces:
8.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$2,360.88 /
2024
Assessment:
$- /
-
Prince Edward County
Wellington Ward
Prince Edward County
Water Heater Owned, Separate Hydro Meter
All furniture and chattles are include.
Brick
Downtown, Water, Lake
Partially Obstructive
Lake
Floor
Type
Size
Other
Main
Living Room
11'8"3.57 m × 10'1"3.08 m
W/O To Sundeck, Granite Counters, South View
Main
Bedroom
4'1.22 m × 3'.91 m
3 Pc Ensuite, Wainscoting, Window
Main
Bedroom 2
3'10¾"1.19 m × 3'.91 m
3 Pc Ensuite, Wall Sconce Lighting, Window
Second
Bedroom
3'7¼"1.10 m × 2'10¾".88 m
3 Pc Ensuite, Wall Sconce Lighting, Double Sink
Second
Bedroom 2
4'1.22 m × 2'10¾".88 m
3 Pc Ensuite, Wainscoting, Wall Sconce Lighting
Second
Kitchen
4'1"1.25 m × 3'11⅞"1.22 m
Overlook Water, Breakfast Bar, Combined w/Dining
Second
Living Room
14'7"4.45 m × 13'4"4.05 m
Pot Lights, Combined w/Dining, West View
Second
Laundry
3'.91 m × 2'1¼".64 m
Enclosed, Ceramic Floor, Breezeway
Flat
Bedroom
4'8"1.43 m × 2'6".76 m
3 Pc Ensuite, Wall Sconce Lighting, Vaulted Ceiling(s)
Flat
Living Room
4'10"1.46 m × 3'2".98 m
Breakfast Area, Granite Counters, Bay Window
Flat
Bedroom 2
3'10¾"1.19 m × 2'10".85 m
3 Pc Ensuite, Wall Sconce Lighting, Vaulted Ceiling(s)
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