MAGNIFICENT WATERFRONT ACREAGE ON ADOLFOUS REACH IN PICTON.THIS LEVEL BEACH HAS 2OO PLUS FEET OF BEAUTIFUL VIEWS AND BOATING ACCESS. BUILD YOUR DREAM HOME ON THE WATERFRONT AND ENJOY THE BEAUTIFUL SUNSETS ALL YEAR ROUND. PICTON IS IN THE MUNICIPALITY OF PRINCE EDWARD,EAST OF TRENTON AND SOUTH OF BELVILLE ON THE BAY OF QUINTE. THE BOATING PARADISE,WITH ACCESS TO THE SEVERN AND ST LAWRENCE SYSTEMS,AND DIRECTLY ACROSS FROM NEW YORK STATE. THE PROPERTY LENDS ITSELF TO FURTHER SUBDIVISION. THERE IS ASEPTIC SYSTEM ON THE ONE SECTION AND THE LOCATION FOR A DRILLED WELL.ACCESS TO THE PROPERTY IS YEAR ROUND
"The Land Transfer Tax in Picton, Ontario based on the selling price of $509,000.00 is $6,655.00."
* See the land transfer tax formula for Ontario
+ $0 to $55,000.00 - land transfer tax is 0.5% + $55,000.00 to $250,000.00 - land transfer tax is 1.0 + $250,000.00 to $400,000.00 - land transfer tax is 1.5%
$400,000.00 and up - land transfer tax is 2.0%
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