Opportunity Awaits! Looking for an affordable property just minutes from Picton? This charming piece of land features an existing structure, originally built in the early 1900s, offering a great footprint for a cozy new home or a creative restoration project.Ideally located in the heart of Prince Edward County, you'll be just a short drive from renowned wineries, craft breweries, scenic lakes, and all the local charm the area is known for. A septic assessment has already been completed, this property is ready and waiting for the right buyer to bring their vision to life.
works out to roughly $127 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 2186 Highway 49 Hwy
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
5
Interior
Basement
None
Lot & land
Lot size (sqft)
0.24
Listing & possession
Property style
Bungalow
Property class
Detached
2186 Highway 49 Hwy Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12385662$140,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 2186 Highway 49 Hwy Compares to the Prince Edward County Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$688
/mo
based on the purchase price of $140,000
$28,000 cash
$112,000 financed
$94,333 total interest
Principal54%$112,000
Interest46%$94,333
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 2186 Highway 49 Hwy
Homes for sale in Prince Edward County
Every active Prince Edward County MLS® listing, updated all day.
Average days on market68Homes sold in about 68 days on average.
Sale-to-list ratio95.6%On average, homes sold below asking.
Active listings468Homes for sale here right now.
Median vs prior 90 days+11.5%Compared with May 11 – Aug 9, 2026: prices up.
Based on 201 sales from Aug 9 – Nov 7, 2026 (138 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 2186 Highway 49 Hwy
How much is 2186 Highway 49 Hwy listed for?
2186 Highway 49 Hwy is listed at $140,000 (MLS® X12385662). Summitly updates the price as soon as the MLS® record changes.
Is $140,000 a good price for 2186 Highway 49 Hwy?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Prince Edward County. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 2186 Highway 49 Hwy changed?
No — 2186 Highway 49 Hwy is still listed at its original asking price of $140,000.
How many bedrooms and bathrooms does 2186 Highway 49 Hwy have?
2186 Highway 49 Hwy has 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Prince Edward County.
How much would the monthly mortgage be on 2186 Highway 49 Hwy?
About $688 a month — principal and interest on $140,000 with 20% down ($28,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 2186 Highway 49 Hwy compare with other homes in Prince Edward County?
Its asking price of $140,000 is about 78% below the median sold price in Prince Edward County over the last 90 days, $630,000, across 201 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2186 Highway 49 Hwy been sold before?
Summitly has no earlier MLS® sale or lease of 2186 Highway 49 Hwy on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2186 Highway 49 Hwy?
2186 Highway 49 Hwy is in Prince Edward County, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2186 Highway 49 Hwy been on the market?
428 days — 2186 Highway 49 Hwy was listed on September 5, 2025.
What is the price per square foot of 2186 Highway 49 Hwy?
About $93 to $127 per square foot: the asking price of $140,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 2186 Highway 49 Hwy have parking or a garage?
Yes — the listing gives 5 parking spaces.
Does 2186 Highway 49 Hwy have a basement, and is it finished?
The listing says 2186 Highway 49 Hwy has no basement.