$3,249,000

For sale

12698 Loyalist Parkway, Prince Edward County (Picton Ward) - Single Family for Sale

12698 Loyalist Parkway, Prince Edward County (Picton Ward), Ontario, K0K2T0

5 beds5 baths10 parking3,250 ft²100 × 545 ft (1.25 acres) lot sizeListed 32 days ago

Overview

This 5-bedroom, 5-bathroom home in Prince Edward County is for sale offering roughly 3,250 sq ft of space. It has been on the market 32 days, fresher than the Prince Edward County average of 147 days.

Houses for Sale in Prince Edward County →All real estate in Prince Edward County →

Description

Welcome to an exceptional waterfront estate on Picton Bay. An executive custom post-and-beam residence where timeless craftsmanship, spectacular water views & resort-style amenities come together. Set on 1.3 acres directly across the harbour from the Prince Edward Yacht Club, this is a true boater's paradise & an idyllic retreat for entertaining, relaxing & gathering with family & friends. Meticulously maintained & thoughtfully designed, this newer constructed home offers more than 5,000 sq. ft. across three beautifully appointed levels. The sophisticated modern design features quality finishes, contemporary details, five spacious bedrooms, four-and-a-half bathrooms, soaring vaulted ceilings & an abundance of natural light. Two impressive main-floor decks provide the perfect setting for morning coffee while taking in the ever-changing harbour views, while the lower level opens directly to a walkout patio. Step outside to your private playground: hot tub, custom waterfront seating, fire pit, basketball & pickleball area, and a substantial boat dock with convenient kayak launch. A professional fitness room & rare 2+2-car garage provide exceptional space for vehicles, recreational equipment & all the toys that come with waterfront living. Despite its peaceful waterfront setting, the home is within Picton town limits, offering town water, sewer & septic, just minutes from shops, restaurants, services & amenities. Explore the best of Prince Edward County, from Sandbanks Provincial Park's celebrated beaches & award-winning wineries and restaurants to art galleries, golf courses, local markets & boutique shops. Just 2.5 hours from Toronto, Prince Edward County is one of Ontario's most sought-after communities. A rare opportunity to own an extraordinary piece of Picton Bay. The homeowners also offer the option to purchase the home fully furnished, including all designer & custom furnishings and furniture. (id:66096)

Property Details

MLS®: X13858700
Property Type: Single Family
Zoning: R1
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 5
Half Baths: 1
Parking: 10
Interior Size: 3,250 ft²
Lot Size: 100 × 545 ft (1.25 acres)
Frontage: 100 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Great room: 7.37 x 7.99 meters
Kitchen: 4.93 x 3.91 meters
Dining room: 4.93 x 4.11 meters
Den: 4.37 x 4.52 meters
Primary Bedroom: 4.95 x 4.95 meters

Lower level

Bedroom 5: 4.42 x 4.52 meters
Exercise room: 4.83 x 7.82 meters
Utility room: 4.8 x 2.95 meters
Recreational, Games room: 8.38 x 7.87 meters
Bedroom 4: 4.98 x 3.96 meters

Features

Appliances: Washer, Refrigerator, Water meter, Hot Tub, Range, Oven, Dryer, Microwave, Window Coverings, Garage door opener, Garage door opener remote(s), Water Heater - Tankless, Water Heater
Flooring: Hardwood, Laminate
Foundation: Insulated Concrete Forms
Exterior: Stone, Hardboard
Lot Features: Open space, Lighting, Level, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable, Telephone, Wireless, Natural Gas Available

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

32d

Prince Edward County (Picton Ward) listings, avg age

147d

Price / ft²

$1,000

List price

$3.25M

Homes here sell slower than most markets

Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed single family in Prince Edward County (Picton Ward) has been listed for 32 days, which is 115 days fresher than the city average of 147. Act while there is still low competition.

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Listed by Royal Lepage ProAlliance Realty · Elizabeth Crombie

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $3,249,000, about 39.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $634,643 (20% down, 25-yr amortization, stress-tested) — roughly 665% above the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$3,249,000· $1,000/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $649,800

Min 20%50%

Mortgage payment$13,856/mo

Property tax (est.)$850/mo

Total monthly$14,706

Cash Needed to Close

Down payment (20%)$649,800

Land transfer tax$67,700

Est. closing costs$12,247

Total cash needed$729,747

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