7 Cretney Drive, Prince Edward County, ON

$429,000
MLS#:X13166384
2 beds
2 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Wellington Ward. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $429,000 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 1500-2000 sqft on a spacious lot (Feet)
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

EXIT TO THE COUNTY! To the Adult Community of Wellington on the Lake. This LAND LEASE home is easy to care for. New furnace and air conditioner replaced in 2015. Roof in 2019. Hot water tank (owned) 2022, new flooring, deck and most lighting within the past year. If you're looking for a move-in ready home, then 7 Cretney is the home for you. This 1 level home features 2 generous bedrooms and 2 generous size bathrooms. There is a living room and a den that opens onto a new back deck with a natural gas BBQ hook up and lovely mature trees. The kitchen has ample cupboards and a laundry room that offers additional storage space. Come see what the friendly neighborhood of Wellington on the Lake has to offer: heated inground pool, tennis, lawn bowling, shuffleboard, games, exercise room, library, billiard room, and loads of clubs to join. A few steps from your front door you have the Millennium Trail, Golf Course, beaches, restaurants and so much more.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementCrawl Space
CountyPrince Edward County
Annual Tax$2,422.5
Legal DescriptionPART LOT 11 RCP 10 WELLINGTON & PART LOT 1 RCP 35 WELLINGTON PART 1 & 8 47R6752 EXCEPT PART 1 47R6674 & PART 22, 47R8665 SUBJECT TO AN EASEMENT AS IN PE121243 SUBJECT TO AN EASEMENT OVER PARTS 2-7, 14-17 47R8665 IN FAVOUR OF LTS 1-126, BLOCKS 127-149 47M12 AS IN EC35084 SUBJECT TO AN EASEMENT OVER PARTS 2-4,7,9, 11-13, 18-21, 23-30 47R8665 IN FAVOUR OF LTS 1-126, BLOCKS 127-149 47M12 AS IN EC35085 SUBJECT TO AN EASEMENT OVER PARTS 2,4-7,12 47R8665 IN FAVOUR OF LTS 1-126, BLOCKS 127-149 47M12

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Greenbelt/Conservation, Marina, Place Of Worship, Rec./Commun.Centre

Interior Features

Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater Owned, Water Meter

Security Features

Community Features

Location

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7 Cretney Drive, 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 7 Cretney Drive, Prince Edward County, ON K0K 3L0

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$21,450 (5.0%)
* Minimum Canadian down payment required for this price is $21,450.
Amortization Period25 Years
Estimated Monthly Payment$2,429Based on a loan of $407,550 over 25 years.
Purchase Price$429,000
Loan Amount$407,550
Provincial Land Transfer Tax:$5,055
Total Estimated Closing Taxes:$5,055

About Purchasing a Home in Prince Edward County, ON

For a property listed at $429,000 in Prince Edward County, the legal minimum down payment is $21,450 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 $5,055 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 $5,055.

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 Wellington Ward, Prince Edward County.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$783,709

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.