229 MAIN STREET
Central Lakes · K0K1G0
$2,395,000
About this residence
Live, work and invest! This stunning historic property, located on Main Street in the heart of Picton offers a unique opportunity to live and work in the center of it all. Built in 1905 for the Order of the Oddfellows and home to various bank tenants, the property was beautifully renovated in 2008 as a private executive residence. Offering 9,000 sq.ft. of living space, this property includes a 4-bedroom, 3.5-bathroom family home with additional income from an STA/long-term rental and a long term commercial Government tenant. A grand foyer welcomes you with an original oak staircase that leads to the main living areas including an open-concept kitchen, living room with a gas fireplace and eat-in dining area. The kitchen also houses a unique historical element - the original bank safe, now cleverly repurposed as a wine cellar. This level also includes a cozy den and powder room. Through glass doors, continue to a formal dining room and a large entertainment space, with custom pool table and movie screen - perfect for hosting gatherings. A full bedroom and bathroom complete this floor. Upstairs, the third floor is dedicated to guest comfort and relaxation - two guest rooms, 4pc bathroom, in-home gym, functional laundry room, and bright art room. The spacious primary suite includes a sitting area, large walk-in closet, and a luxurious, spa-like 7-piece ensuite bath including double tub and steam shower. A secondary suite with 1 bedroom, a bathroom, kitchenette, and living room offers privacy and rental income potential. A rooftop deck boasts panoramic town views, perfect for entertaining. The home is designed with accessibility in mind, featuring a chair lift and a framed shaft for an elevator. The main floor commercial space is leased by a government office, providing stable rental income and lowering property costs. Don't miss this rare opportunity to own a piece of Picton's history with modern amenities and income potential. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 4 (4 above)
- Bathrooms
- 4 (1 half)
- Storeys
- 3
- Living area
- 5,000–100,000 sq ft
- Lot size
- 41.9 x 121.1 FT
- Frontage
- 41.1 feet
- Parking
- 4 spaces
- Fireplace
- 2
- Annual tax
- $11,008
- MLS®
- X12421160
- Board
- Central Lakes
- Status
- Inactive
- Listed
- Sep 23, 2025
- Updated
- Oct 28, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 2.33 × 2.33 m |
| Kitchen | Second level | 4.21 × 3.93 m |
| Media | Second level | 5.18 × 7.69 m |
| Bedroom 3 | Third level | 3.53 × 4.3 m |
| Bedroom 4 | Third level | 7.64 × 3.45 m |
| Exercise room | Third level | 6.17 × 4.39 m |
| Bedroom | Third level | 8.73 × 5.15 m |
| Bathroom | Third level | 4.39 × 6.95 m |
| Laundry room | Third level | 3.4 × 2.59 m |
| Eating area | Second level | 2.46 × 4.8 m |
| Living room | Second level | 6.19 × 7.97 m |
| Family room | Second level | 4.01 × 4.87 m |
| Dining room | Second level | 4.21 × 6.62 m |
| Games room | Second level | 4.54 × 7.54 m |
| Bedroom 2 | Second level | 4.03 × 5.15 m |
| Bathroom | Second level | 1.67 × 1.49 m |
Features & finishes
Appliances
- Garburator
- Water Heater
- Furniture
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Full
- Unfinished
Exterior
- Brick
Foundation
- Concrete
Parking
- No Garage
Lot
- Flat site
- Lighting
- In-Law Suite
- Guest Suite
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Financing
Estimated monthly payment
$11,201/mo
Loan amount
$1,916,000
Down payment
$479,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Central Lakes
Nearby
About the area
Census · K0K- 115,850
- Population
- 51
- Median age
- $83,000
- Median income
- $500,000
- Median home value
- 86%
- Home ownership
- 29 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 229 MAIN STREET?
229 MAIN STREET is listed for $2,395,000, in Central Lakes.
How many bedrooms and bathrooms does 229 MAIN STREET have?
It offers 4 bedrooms and 4 bathrooms (including 1 half-bath).
What type of home is 229 MAIN STREET?
229 MAIN STREET is a Single Family, House set over 3 storeys.
How large is 229 MAIN STREET?
The home offers approximately 5,000–100,000 sq ft of living space on a lot measuring 41.9 x 121.1 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $11,201. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $11,008 per year.
Is there parking?
Yes — 229 MAIN STREET includes 4 parking spaces.
What is the Central Lakes area like?
Central Lakes has a population of about 115,850, a median age of 51, a 86% home-ownership rate, with an average commute of about 29 minutes.
What is the average home value in Central Lakes?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Central Lakes?
The median household income in this area is approximately $83,000.
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