40 Mayne Lane, Prince Edward County, ON

$899,000
MLS#:X13416332
3 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hallowell Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,000 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 99.7 x 149.05 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned, Storage
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Home/cottage on desirable West Lake with breathtaking sunset views overlooking the Sand Dunes of Sandbanks Provincial Park in Prince Edward County. This area is a true paradise! Solid brick 2+1-bedroom bungalow with a finished basement is just waiting for your personal touches. Swim, boat, wakeboard, and fish all from your very own beachfront. New metal roof installed in May 2026! Enjoy walking, biking, and cross-country ski trails nearby. The sunroom beckons you to curl up and unwind with a book or enjoy a game night with family and friends. Take in the sights and sounds of nature and all the beauty that surrounds you on the lake as boaters go by. With close proximity to Prince Edward County's favorite destination spots, you're never far from top-tier cuisine and lovely local shops. Steps away from two restaurants and Isaiah Tubbs Resort & Conference Centre, this property offers access to beaches, walking, and cycling trails just one kilometer away. Live where you love to visit! A local hospital and amenities are only 15 minutes away in Picton. Conde Nast Traveler Magazine has voted Prince Edward County as one of the top places in the world to visit in 2026! Sellers also have neighboring property for sale at 1818 County Rd 12 under MLS# X13235858 or X13212980. Only two hours from Toronto; three hours from Ottawa.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/5/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Full
Lot Size99.7 × 149.05 Feet
CountyPrince Edward County
Annual Tax$3,880
Legal DescriptionPT LT 4 CON SOUTH EAST SIDE OF WEST LAKE HALLOWELL PT 2 47R6068; T/W PE160064; PRINCE EDWARD

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Hospital, Place Of Worship, School, Waterfront

Interior Features

Primary Bedroom - Main Floor, Water Heater Owned, Storage, Propane Tank, Water Treatment

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

Location

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40 Mayne Lane, 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 40 Mayne Lane, Prince Edward County, ON K0K 2T0

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$64,900 (7.2%)
* Minimum Canadian down payment required for this price is $64,900.
Amortization Period25 Years
Estimated Monthly Payment$4,971Based on a loan of $834,100 over 25 years.
Purchase Price$899,000
Loan Amount$834,100
Provincial Land Transfer Tax:$14,455
Total Estimated Closing Taxes:$14,455

About Purchasing a Home in Prince Edward County, ON

For a property listed at $899,000 in Prince Edward County, the legal minimum down payment is $64,900 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 $14,455 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 $14,455.

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 Hallowell Ward, Prince Edward County.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$838,537

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.