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$499,900
Prince Edward County
59 Bishop Lane, Prince Edward County (Sophiasburg Ward), Ontario, K0K1A0
This 2-bedroom, 2-bathroom home in Prince Edward County is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 28% below the $694,900 median asking price in Prince Edward County. It has been on the market 68 days, fresher than the Prince Edward County average of 148 days.
GRANDFATHERED STA LICENSE! A rare opportunity to own this enchanting 2-bedroom, 2-bathroom cottage in beautiful Prince Edward County, complete with a grandfathered Secondary Whole Home (STA) license, water views, and an expansive 1.46-acre lot offering plenty of privacy and room to relax, entertain, and enjoy the County lifestyle. Whether you're looking for a personal retreat or an investment property with short-term rental potential or both, this property offers exceptional value and flexibility. The cottage is fully turn-key and comes completely furnished and equipped with appliances, linens, kitchen supplies and everything needed to enjoy family time or continue renting for added income. Located in one of Ontario's most sought-after destinations, you'll be close to the County's renowned wineries, celebrated restaurants, sandy beaches, charming villages, and vibrant arts scene. Cottage features include a heat pump with A/C, propane fireplace, and spacious deck with beautiful water views and sunsets, firepit area, circular driveway, new wood shed and a garden shed for added storage. Your Prince Edward County Escape Awaits !! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 68 days on market, against an average age of 148 days across the listings currently for sale in this city
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.
This 2-bed single family in Prince Edward County (Sophiasburg Ward) has been listed for 68 days, which is 80 days fresher than the city average of 148. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 6.0× the local median household income of $83,000.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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