12698 Loyalist Parkway, Prince Edward County, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Picton. Expertly crafted featuring premium hardboard and stone construction, this residence presents an exceptional opportunity offered at $3,249,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 100.13 x 545 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, ERV/HRV
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This luxurious estate is an executive, custom post and beam waterfront property on Picton Bay. With 1.3 acres of land, directly across the harbour from the Prince Edward Yacht Club, this home is a boat lovers paradise. Built in 2012, this magnificent retreat features vaulted ceilings, three spacious levels with five bedrooms and four and a half bathrooms, a walkout patio on the lower level, and two stunning main-floor decks perfect for taking in the harbour view with your morning coffee. Over 5,000 total sq ft of living space to enjoy. A rare 2+2 car garage completes the picture. This beautiful place is a perfect gathering spot for friends and family and is an entertainer's dream complete with hot tub, custom waterfront benches, fire pit, basketball and pickleball games area, large boat dock with kayak launch, professional fitness room and more. Situated within the town limits, just minutes from all the amenities this lovely town has to offer. Located only 2.5 hours from Toronto, Prince Edward County is renowned for the beaches at Sandbanks Provincial Park, outstanding cuisine, wine, art galleries, wineries, golf, local markets and shops. Home to the Royal Hotel, which was recently awarded the prestigious MICHELIN Key, and our beloved historical Regent Theatre. Prince Edward Memorial Hospital is 10 minutes away and our new hospital is rising from the ground right behind the old one! If you have been considering buying a home in the County, this is the one you've been waiting for. Why not live where you love to visit? (See photos below of the beautiful newly restored Claramount Hotel just steps away.)
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Golf, Hospital, Marina, School, Waterfront
Interior Features
Auto Garage Door Remote, Carpet Free, ERV/HRV, On Demand Water Heater, Storage Area Lockers, Water Heater, Countertop Range
Security Features
Alarm System, Monitored, Carbon Monoxide Detectors, Security System, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 12698 Loyalist Parkway, Prince Edward County, ON K0K 2T0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Prince Edward County, ON
For a property listed at $3,249,000 in Prince Edward County, the legal minimum down payment is $649,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $67,700 for this transaction. As this listing is in Prince Edward County (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $67,700.
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