228 Welbanks Road, Prince Edward County, ON

$498,888
MLS#:X12593714
5 beds
2 baths
1100-1500 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 2, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Athol Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $498,888 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 180 x 595.4 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to a charming home located at 228 Welbanks Rd in Prince Edward, nestled between the serene shores of Lake Ontario and the picturesque East Lake. This residence offers approximately 1250 square feet of comfortable living space, featuring three well-appointed bedrooms and additional sleeping accommodations with two beds in the basement. The home includes two modern bathrooms conveniently located on the main floor, making it ideal for families or hosting guests. Set on a generous 2.46 acres, the property measures 180 feet by 595 feet, providing ample outdoor space for recreation and relaxation. Enjoy the beauty of nature with easy access to both lakes, perfect for fishing, boating. Whether you're looking for a peaceful getaway or a permanent residence, this property is a stunning opportunity in a scenic location.

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Property Summary

This detached home located at 228 Welbanks Road, Prince Edward County is currently for sale and has been available on SousaSells for 228 days. This property is listed at $498,888 with an estimated mortgage of $1,661* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 228 Welbanks Road, Prince Edward County is in the Athol Ward neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 2, 2026
Sold price information is available to members only
Listed Date12/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementFinished
Lot Size180 × 595.4 Feet
CountyPrince Edward County
Annual Tax$3,189
Legal DescriptionPT LT 19 CON 1 SOUTH SIDE OF EAST LAKE ATHOL PT 3 47R5692; PRINCE EDWARD

Parking & Garage

Parking Total7.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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228 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 228 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.

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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 Rate4.00%
Down Payment$149,666 (30.0%)
* Minimum Canadian down payment required for this price is $24,944.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,222 over 30 years.
Purchase Price$498,888
Loan Amount$349,222
Provincial Land Transfer Tax:$6,453
Total Estimated Closing Taxes:$6,453

About Purchasing a Home in Prince Edward County, ON

For a property listed at $498,888 in Prince Edward County, the legal minimum down payment is $24,944 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 $6,453 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 $6,453.

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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$447,328

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.