85 Butternut Lane, Unit 86, Prince Edward County, ON
Property no longer active
This property was sold on April 28, 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 and wood construction, this residence presents an exceptional opportunity offered at $256,000 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 1 Bathroom
- Generous living space spanning 700-799 sqft
- 2.0 total parking spaces available
- Notable attributes: Other
- Efficient heat pump heating via electric
Description
Escape to The County and East Lake Shores! This charming two-bedroom, one-bathroom cottage is nestled in a vibrant, seasonal waterfront community just 9 km from Sandbanks Provincial Park. Enjoy a ravine view from the enclosed sunporch, the convenience of private 2-car parking, and the included garden shed for extra storage. From April to October, take advantage of resort-style amenities, including family and adult pools, a playground, dog park, tennis/basketball/multisport courts, a gym, an owner's lodge, and 1500' of waterfront with canoes, kayaks, and paddleboards. Surrounded by wineries, charming shops, dining, and entertainment, this fully furnished cottage offers a relaxing retreat in Prince Edward County. Condo fees include grass cutting, water, sewer, and more, making ownership easy. Optionally, join the rental program to earn income and offset costs. Dont miss this opportunity to own your perfect getaway! **EXTRAS** Condominium fees are 643.04/month and include high-speed internet, TV, water, sewer, common elements maintenance and insurance, and property management fees. This is a vacant land condo - you own the cottage and the lot it's built on.
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Property Summary
This condo apartment located at 85 Butternut Lane, Prince Edward County is currently for sale and has been available on SousaSells for 528 days. This property is listed at $256,000 with an estimated mortgage of $852* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 85 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 85 Butternut Lane 86, 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 $256,000 in Prince Edward County, the legal minimum down payment is $12,800 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 $2,315 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 $2,315.
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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.