198 Welbanks Road, Prince Edward County, ON

$565,000
MLS#:X13002400
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Athol Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $565,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 442.9 x 592.63 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Generator - Full, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Perfectly positioned between Lake Ontario and East Lake on an expansive 6-acre property, this tidy bungalow offers the peace and privacy of country living with all the comforts of home. The well-designed main floor features a bright, spacious living room, an open-concept kitchen and dining area ideal for gathering, and a convenient foyer with access to the laundry room. Three comfortable bedrooms, a full bath, and a handy 2-piece semi-ensuite off the primary bedroom provide a layout tailored for everyday ease. The full basement, bright and partially finished, offers excellent potential - perfect for creating a cozy family room, hobby space, or home gym. Enjoy winter evenings by the pellet stove, and summer days spent outdoors on the back deck, soaking in the southern exposure and vibrant sunsets. An attached garage and two storage sheds provide ample space for vehicles, tools, and recreational equipment, while the expansive lot invites endless possibilities-gardens, play areas, manicured lawns, or simply room to roam. A full-sized soccer net is already in place for outdoor fun. Thoughtful updates, including a wired-in generator, durable metal roof, and new furnace, make this a truly move-in-ready opportunity. Blending comfort, functionality, and outdoor living, this property is ready to welcome its next chapter.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/15/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFull, Partially Finished
Lot Size442.9 × 592.63 Feet
CountyPrince Edward County
Annual Tax$3,163.93
Legal DescriptionPT LT 19 CON 1 SOUTH SIDE OF EAST LAKE ATHOL PT 1 47R8001 & PT 1 47R5692; PRINCE EDWARD

Parking & Garage

Parking Spaces6.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Clear View, Level, School Bus Route

Interior Features

Carpet Free, Generator - Full, Primary Bedroom - Main Floor, Water Softener

Security Features

Community Features

Location

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198 Welbanks Road, Prince Edward County, ON
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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 198 Welbanks Road, Prince Edward County, ON K0K 1P0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prince Edward County.

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Interest Rate5.25%
Down Payment$31,500 (5.6%)
* Minimum Canadian down payment required for this price is $31,500.
Amortization Period25 Years
Estimated Monthly Payment$3,179Based on a loan of $533,500 over 25 years.
Purchase Price$565,000
Loan Amount$533,500
Provincial Land Transfer Tax:$7,775
Total Estimated Closing Taxes:$7,775

About Purchasing a Home in Prince Edward County, ON

For a property listed at $565,000 in Prince Edward County, the legal minimum down payment is $31,500 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 $7,775 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 $7,775.

Nearby Listings

Distance:

No current listings found in Prince Edward County.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Athol Ward, Prince Edward County.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$404,152

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.