Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hallowell. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $769,999 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.
A truly rare offering on the shores of Lake Ontario, this exceptional property presents the first-time opportunity to own not one, but TWO year-round waterfront homes on beautiful Picton Bay. Nestled on a quiet road and surrounded by mature trees, the expansive lot boasts over 150 feet of shoreline, complete with a private concrete boat launch. Enjoy panoramic lake views from both houses and some of the most breathtaking sunsets the County has to offer. The main residence at #88 is a charming bungalow designed for easy main-floor living, featuring a bright and spacious open-concept layout with two bedrooms and a 3-piece bathroom. The second home at #84, offered as-is and in need of TLC, is a raised split-level style with open-concept principal rooms, two bedrooms, and a 4-piece bathroom on the main level, while the lower level offers a walkout and partially finished space that would easily accommodate another bedroom, a family room and a 2nd bathroom. The oversized shed provides ample space for storage or a workshop. Each home is fully serviced with its own drilled well, septic system, 200-amp electrical service, and generous parking areas. Whether envisioned as a multigenerational retreat, a recreational escape, an income-generating rental, or a live-in/rent-out combination, this property offers unmatched versatility. Ideally located less than 10 minutes from both Picton's vibrant amenities and the Glenora Ferry, this is a unique opportunity to enjoy the very best of waterfront living in Prince Edward County.
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Guest Accommodations, In-Law Capability, Primary Bedroom - Main Floor, Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 84-88 Munroe Lane, Prince Edward County, ON K0K 2T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prince Edward County.
About Purchasing a Home in Prince Edward County, ON
For a property listed at $769,999 in Prince Edward County, the legal minimum down payment is $52,000 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 $11,875 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 $11,875.
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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.