Picton: Former Ontario Minister of Finance in the Dalton McGuinty government Greg Sorbara has bought a landmark property in Picton, in Prince Edward County. The Royal Hotel on Picton’s main street was purchased by Sorbara, whose family operates a real estate development firm.
The hotel had been for sale for some time, and was latterly owned by a real estate developer who had hoped to transform the property into luxury condominium apartments, taking advantage of The County’s cachet with Toronto residents. That didn’t work out, however, and the property has changed hands again. (See the real estate listing here.)
The hotel has had a colourful past, with a main floor tavern and rooms upstairs. Now, Picton residents are hopeful the new development will reflect well on the town. One letter writer to The Wellington Times asks an interesting question .
I was delighted to read that Greg…
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