408 Island Road, Prince Edward County, ON

$2,399,000
MLS#:X12053462
5 beds
3 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 15, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Hallowell Ward. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $2,399,000 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 3 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 120 x 233 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Central Vacuum, Primary Bedroom - Main Floor, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rare gem on Sheba's Island! This unique, high-end 2-storey waterfront home offers the perfect blend of elegance and comfort. With a spacious layout spanning over 2,600 sf, it presents an opportunity for those seeking a serene and luxurious living experience. Designed by a renowned local architect, this home showcases thoughtfully selected finishings that compliment its surroundings. Almost every room offers picturesque views of West Lake & the sand dunes of Sandbanks Provincial Park. Large windows & open spaces flood the interior with natural light and frame the stunning vistas. The entrance sets the tone for the rest of the home, with its open & airy feel. The open concept living space, dining area and kitchen offer high ceilings, beautiful engineered hardwood flooring and upscale finishings. In the living room a floor-to-ceiling stone, gas fireplace and built in shelving create a cozy space to host family and friends. The kitchen features a centre island, gas stove and bay window with built in bench seating. From the dining area, walk out to the composite deck, surrounded by glass railings, that descends to a stone walkway to landscaped area with built-in gas fireplace. Just down the hall is a 2-piece powder room & the entry into the Primary Suite. The walk-in closet has additional laundry hook ups & the en-suite bath with glass walk-in shower is just off the bedroom. The primary bedroom has a lake view, sliding glass doors and walk-out to a cozy wooden-beamed sunroom with fireplace. New windows & doors have just been installed. Upstairs there are 4 more bedrooms & a 5-piece bathroom. The 2 larger rooms have vaulted ceilings & 3 have walk outs to the balcony. The lower level presents a blank canvas, ready to be tailored to your preferences with in-floor heating, laundry and rough in for another bath & walk out. The exterior of the home is equally impressive, featuring tastefully landscaped grounds, lawn irrigation, paved circular drive & 2-car garage.

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Property Summary

This detached home located at 408 Island Road, Prince Edward County is currently for sale and has been available on SousaSells for 472 days. This property is listed at $2,399,000 with an estimated mortgage of $7,985* per month. It has 5 beds, 3 bathrooms, and is 2500-3000 square feet. 408 Island Road, Prince Edward County is in the Hallowell Ward neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
3
0
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 15, 2025
Sold price information is available to members only
Listed Date4/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood
BasementFull, Finished
Lot Size120 × 233 Feet
CountyPrince Edward County
Annual Tax$5,320
Legal DescriptionLOT 27, PLAN 17 HALLOWELL PART LOT 26, PLAN 17 HALLOWELL, PART 1, PLAN 47R9483; COUNTY OF PRINCE EDWARD PINs 55051-0525 and 55051-0769

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Cul de Sac/Dead End, Golf, Island, Lake/Pond, Waterfront

Interior Features

Central Vacuum, Primary Bedroom - Main Floor, Sump Pump, Trash Compactor, Water Heater Owned, Water Softener, Water Treatment, Workbench

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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408 Island 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 408 Island Road, 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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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$719,700 (30.0%)
* Minimum Canadian down payment required for this price is $479,800.
Amortization Period30 Years
Estimated Monthly Payment$7,985Based on a loan of $1,679,300 over 30 years.
Purchase Price$2,399,000
Loan Amount$1,679,300
Provincial Land Transfer Tax:$46,450
Total Estimated Closing Taxes:$46,450

About Purchasing a Home in Prince Edward County, ON

For a property listed at $2,399,000 in Prince Edward County, the legal minimum down payment is $479,800 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 $46,450 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 $46,450.

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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$825,935

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.