$525,000

For sale

96 Bishop Lane, Prince Edward County (Sophiasburg Ward) - Single Family for Sale

96 Bishop Lane, Prince Edward County (Sophiasburg Ward), Ontario, K0K1A0

3 beds1 bath3 parking91 × 735 ft (1.52 acres) lot sizeListed 116 days ago

Overview

This 3-bedroom, 1-bathroom home in Prince Edward County is for sale. Listed at $525,000, it is attractively priced about 24% below the $694,900 median asking price in Prince Edward County. It has been on the market 116 days, fresher than the Prince Edward County average of 148 days.

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Description

Welcome to your charming 3-bedroom, 1-bathroom, 3-season cottage nestled on the serene shores of Muscote Bay. This quintessential retreat offers a perfect blend of comfort and nature, with cozy living spaces filled with natural light and picturesque views. Enjoy morning coffee on the spacious deck as you listen to the soothing sounds of the water. The open-concept layout is ideal for family gatherings and entertaining friends. Spend summer days swimming off the dock, kayaking, or simply relaxing by the waters edge. With three bedrooms, there's plenty of space for family and friends to unwind after a day of outdoor adventures. Create lasting memories in this idyllic haven, where you won't have to think of a reason to escape to the cottage life. Don't miss the opportunity to make your waterfront dreams a reality! **EXTRAS** There is electric baseboard heat to extend the season through the fall. Please navigate to "Cottage Main Floor" in the virtual tour link for walkthrough. (id:66096)

Property Details

MLS®: X13553522
Property Type: Single Family
Zoning: LSR
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 3
Lot Size: 91 × 735 ft (1.52 acres)
Frontage: 91 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 5.27 x 4.5 meters
Kitchen: 5.31 x 3.1 meters
Primary Bedroom: 4.07 x 3.25 meters
Bedroom 2: 3.1 x 2.45 meters
Bedroom 3: 2.51 x 3.1 meters
Bathroom: 1.51 x 2.91 meters
Utility room: 2.41 x 2.46 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove, Microwave, Water Treatment, Furniture, Water Heater
Foundation: Wood/Piers
Exterior: Vinyl siding
Lot Features: Cul-de-sac, Level

Services

Water: Dug Well
Sewer: Holding Tank
Utilities: Electricity, Cable, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

116d

Prince Edward County (Sophiasburg Ward) listings, avg age

148d

List price

$525K

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 (Sophiasburg Ward) has been listed for 116 days, which is 32 days fresher than the city average of 148. Act while there is still low competition.

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Listed by Keller Williams Energy Real Estate · Jess Van Hoek

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $525,000, about 6.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$525,000

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$242/mo

Total monthly$3,000

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$6,975

Est. closing costs$4,075

Total cash needed$38,550

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