55 Butternut Lane, Unit 48, Prince Edward County, ON
Property no longer active
This property was sold on April 17, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow vacant land condo located in the coveted neighborhood of Athol Ward. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $149,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-799 sqft
- Notable attributes: Primary Bedroom - Main Floor, Separate Hydro Meter
- Efficient baseboard heating via electric
Description
Welcome to East Lake Shores, where you own the land and the cottage! This is your perfect seasonal retreat in the heart of Prince Edward County. (April-end of October). Nestled in the sought-after waterfront community of East Lake Shores, just 9 km from the iconic Sandbanks Provincial Park, this charming two-bedroom, two bath cottage offers the ideal blend of comfort and convenience. The open-concept living space boasts large windows that let in plenty of natural light, while the fully equipped kitchen/dining/living make entertaining a breeze. With laundry, two bathrooms, and storage space, every detail has been considered for your comfort. This cottage comes fully furnished, so you can start enjoying your new getaway right away. Outside, the screened-in porch provides the perfect spaces to unwind and take in the stunning views of East Lake's unforgettable sunsets. This vibrant community offers a range of activities for all ages. Within a short walk, you will find a family pool and a quiet adult-only pool, a playground for the kids and a dedicated dog park for your furry friends, tennis and basketball courts, a fully equipped gym, an owners lodge for relaxing or socializing and 1,500 feet of waterfront with easy access to canoes, kayaks, and paddle boards. Condominium fees include internet, TV, water, sewer, common element maintenance and insurance, and property management fee. This is a vacant land condo - you own both the cottage and the lot it's built on, offering a truly unique ownership opportunity. Quick closing is available to help you settle in without delay. Don't miss out on this chance to own a cottage in one of Prince Edward Counties most desirable communities. **EXTRAS** Window coverings, Furniture, Picnic table, BBQ, Outdoor furniture
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Property Summary
This condo apartment located at 55 Butternut Lane, Prince Edward County is currently for sale and has been available on SousaSells for 529 days. This property is listed at $149,000 with an estimated mortgage of $496* per month. It has 2 beds, 2 bathrooms, and is 700-799 square feet. 55 Butternut Lane, 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
Additional Details
Property Details
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Features
Property Features
Interior Features
Primary Bedroom - Main Floor, Separate Hydro Meter
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Community Features
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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 55 Butternut Lane, Prince Edward County, ON K0K 1P0
Based on 0 recent similar sales in the pocket.
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 $149,000 in Prince Edward County, the legal minimum down payment is $7,450 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 $1,215 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 $1,215.
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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.