Residentiae.
For Sale · Central Lakes

229 MAIN STREET

Central Lakes · K0K1G0

$2,395,000

4Bedrooms
4Bathrooms
4Parking
5,000Sq Ft
3Storeys

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

RoomLevelDimensions
FoyerMain level2.33 × 2.33 m
KitchenSecond level4.21 × 3.93 m
MediaSecond level5.18 × 7.69 m
Bedroom 3Third level3.53 × 4.3 m
Bedroom 4Third level7.64 × 3.45 m
Exercise roomThird level6.17 × 4.39 m
BedroomThird level8.73 × 5.15 m
BathroomThird level4.39 × 6.95 m
Laundry roomThird level3.4 × 2.59 m
Eating areaSecond level2.46 × 4.8 m
Living roomSecond level6.19 × 7.97 m
Family roomSecond level4.01 × 4.87 m
Dining roomSecond level4.21 × 6.62 m
Games roomSecond level4.54 × 7.54 m
Bedroom 2Second level4.03 × 5.15 m
BathroomSecond level1.67 × 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

Mortgage calculator

Estimated monthly payment

$11,201/mo

Amortization

Loan amount

$1,916,000

Down payment

$479,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Central Lakes

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

0–14
14%
15–24
9%
25–44
20%
45–64
31%
65+
26%

Tenure

86% owners14% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently 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.

Private viewings

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