$454,900

$465,000For salePrice drop↓ $10,100 (2%)

31 Ridge Road, Prince Edward County (Hallowell Ward) - Single Family for Sale

31 Ridge Road, Prince Edward County (Hallowell Ward), Ontario, K0K2T0

3 beds2 baths5 parking1,300 ft²321 × 234 ft (1.72 acres) lot sizeListed 45 days ago

Overview

This 3-bedroom, 2-bathroom home in Prince Edward County is for sale offering roughly 1,300 sq ft of space. It has been on the market 45 days, fresher than the Prince Edward County average of 100 days.

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

Description

Welcome to 31 Ridge Road, a bright and spacious 2+1 bedroom, 1.5 bathroom bungalow situated on a large lot just under one acre in beautiful Prince Edward County. This home features a sunken living room, an attached garage with convenient inside entry, and a primary bedroom complete with a 2-piece ensuite. The spacious main bathroom offers double sinks, a separate shower, a jet soaker tub, and sliding door access to the deck. The kitchen overlooks a private backyard, while the enclosed front porch provides the perfect place to relax and enjoy the peaceful surroundings. The paved driveway, mature setting, and generous lot offer the ideal balance of rural living and privacy while being just minutes from downtown Picton, the hospital, wineries, beaches, shopping, dining, and everything Prince Edward County has to offer. With some TLC and updating, this property presents an excellent opportunity to add value and create a wonderful home in a highly desirable location. (id:66096)

Property Details

MLS®: X13816250
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 321 × 234 ft (1.72 acres)
Frontage: 320 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full, Separate entrance, N/A, N/A
Heating: Forced air, Propane
Cooling: None
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax

Features

Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Irregular lot size

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Prince Edward County (Hallowell Ward) listings, avg age

100d

Price / ft²

$350

List price

$455K

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 3-bed single family in Prince Edward County (Hallowell Ward) has been listed for 45 days, which is 55 days fresher than the city average of 100. Act while there is still low competition.

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Listed by Exit Realty Group · Holly Campbell

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $454,900, about 5.5× the local median household income of $83,000.

Carrying it typically needs a household income of about $88,858 (20% down, 25-yr amortization, stress-tested) — roughly 7% 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)

$454,900· $350/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,745

Min 5%50%

Mortgage payment$2,396/mo

↳ CMHC premium ($17,286 capitalized)

Property tax (est.)$260/mo

Total monthly$2,656

Cash Needed to Close

Down payment (5%)$22,745

Land transfer tax$5,573

Est. closing costs$3,865

Total cash needed$32,183

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