Welcome to 344 County Road 5. Opportunity awaits you on this 4.7 acre property just minutes from Picton. An abundance of both living and working space on an expansive property is a rare find so close to town. The potential is endless. A charming four bedroom farmhouse is set back from the road for privacy. The main floor of this home features an eat-in kitchen, spacious living areas, dining room, main floor primary bedroom, large bath and mud room with laundry. Upstairs there are three additional bedrooms plus an office space and half bath. The expansive commercial building is the perfect place for your business. Whether you're an artist, carpenter, craftsperson or entrepreneur, there is space to build, assemble and create to your heart's content. Zoning allows for a retail store to sell your wares. The main floor features multiple workshop/studio areas, staff bath and shower and a recroom. The second floor is home to an awesome one bedroom loft apartment overlooking the neighbouring countryside. It is currently tenanted for $1850 a month. The tenant would be happy to stay on. This space has also been used as a licensed short term accomodation. There is a large, insulated storage loft adjacent to the apartment.Outside, the 40X60 Quonset hut with hydro increases the potential for storage and income. The current tenant may be willing to stay on paying $1000/month. Other features on the property include a fenced dog run, patio area and fields that would be perfect for gardening, growing flowers or just left as it is so you can enjoy the natural beauty. RR2-41 Zoning allows for multiple scenarios in which this property can be configured to maximize its function and value. Don't miss this opportunity to live, work and play all on your own property in the heart of PEC!
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
1 1/2 Storey
Approx. Age:
100+
Total Approx Floor Area:
1500-2000
Lot Size:
2-4.99
Depth:
579'8"177 m
Frontage:
303'1½"92.4 m
Lot Shape:
Rectangular
Topography:
Flat, Level, Open Space
Direction Faces:
North
Bedrooms:
5
Bathrooms:
2.0
Water supply:
Well
Kitchens:
1
Bedrooms Above Grade:
5
Kitchens Above Grade:
1
Rooms Above Grade:
12
Fractional Ownership:
No
Zoning:
RR2-41
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Full, Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Fence - Partial, Out Buildings, Quonset, Workshop
Parking Features:
Circular Drive, Private
Parking Spaces:
6
Total Parking Spaces:
6.0
Rural services:
Cell Services, Garbage Pickup, Internet High Speed, Natural Gas, Recycling Pickup, Underground Utilities
Family Room:
No
Possession Details:
Negotiable
Pool:
None
Link:
No
HST Applicable To Sale Price:
Not Subject to HST
Assessment:
$391,000
Assessment Year:
2024
Taxes:
$4,613.65 /
2024
Assessment:
$391,000.00 /
2024
Prince Edward County
Hallowell Ward
Prince Edward County
Arts Centre, Beach, Golf, Hospital, Library, School Bus Route
Accessory Apartment, Carpet Free, Guest Accommodations, Primary Bedroom - Main Floor, Storage, Water Treatment
Landscaped, Patio, Privacy, Year Round Living
Alarm System
Two stoves, two fridges, two washers, two dryers, one dishwasher (as is)
Light fixture in loft apartment kitchen, workshop equipment is negotiable
Data was last updated May 23, 2025 at 11:15 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$895,000
Min list price:
$450,000
Max list price:
$1,649,999
Avg days on market:
44
Min days on market:
1
Max days on market:
646
These statistics are generated based on the current listing's property type
and located in
Hallowell Ward. Average values are
derived using median calculations.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.