3 Bed, 2 Bath Detached Home in Prince Edward County
About 47 Paul Street
Introducing 47 Paul Street in the heart of picturesque Prince Edward County. Perfectly positioned on a prominent corner in one of Picton's most desirable neighbourhoods, this classic Queen Anne residence is just a stroll away from downtown shops, dining, theatre and amenities. A convenient feature of this home is the close proximity to Prince Edward Collegiate Institute. Imagine the piece of mind having your children attend school just steps away. Surrounded by other heritage properties, this distinguished home stands out with its wraparound gazebo-style porch adorned with intricate gingerbread detailing. Large, inviting windows fill the interior with natural light, creating a warm and welcoming atmosphere ideal for family living or guest accommodations. The home offers three bedrooms and two full bathrooms as well as a transferrable whole-home Short-Term Accommodation (STA) license. Character details are beautifully preserved throughout, from the tongue-and-groove wood ceiling in the kitchen to the original millwork, decorative spindle accents and substantial baseboards. Designed with both comfort and entertaining in mind, the main floor features a formal dining room and spacious living room, along side an updated kitchen complete with brand-new countertops and charming original woodceiling detail. The home's original staircase leads to a generous upper level with a cozy family sitting area, three well-proportioned bedrooms, and a second full bathroom.Practical features include a detached single-car garage and ample storage space, offering convenience to match the home's historic charm. At 47 Paul Street, classic architectural beauty blends seamlessly with modern-day updates.
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $547 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 47 Paul St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0.131
Listing & possession
Property style
2-Storey
Property class
Detached
47 Paul St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$4,028
/mo
based on the purchase price of $820,000
$164,000 cash
$656,000 financed
$552,524 total interest
Principal54%$656,000
Interest46%$552,524
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
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Similar homes for sale nearby in Prince Edward County
Other 2–3 bed homes for sale in Prince Edward County around $820K.
Average days on market65Homes sold in about 65 days on average.
Sale-to-list ratio95.7%On average, homes sold below asking.
Active listings471Homes for sale here right now.
Median vs prior 90 days+10.7%Compared with May 6 – Aug 4, 2026: prices up.
Based on 207 sales from Aug 4 – Nov 2, 2026 (129 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 47 Paul St
How much is 47 Paul St listed for?
47 Paul St is listed at $820,000 (MLS® X12831416). Summitly updates the price as soon as the MLS® record changes.
Is $820,000 a good price for 47 Paul St?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above 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 47 Paul St changed?
Yes — it was first listed at $949,000 and is now $820,000, a drop of $129,000 (13.6%).
How many bedrooms and bathrooms does 47 Paul St have?
47 Paul St has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Prince Edward County.
How much would the monthly mortgage be on 47 Paul St?
About $4,028 a month — principal and interest on $820,000 with 20% down ($164,000), 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 47 Paul St compare with other homes in Prince Edward County?
Its asking price of $820,000 is about 32% above the median sold price in Prince Edward County over the last 90 days, $620,000, across 207 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 47 Paul St been sold before?
Summitly has no earlier MLS® sale or lease of 47 Paul St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 47 Paul St?
47 Paul St is in Prince Edward County, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 47 Paul St been on the market?
248 days — 47 Paul St was listed on February 27, 2026.
What is the price per square foot of 47 Paul St?
About $410 to $547 per square foot: the asking price of $820,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 47 Paul St have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 47 Paul St have a basement, and is it finished?
The listing describes the basement as: Unfinished.
