24 Butternut Lane, Prince Edward County (Athol Ward), Ontario, K0K1P0

For sale

51 days ago

$220K

24 Butternut Lane, Prince Edward County (Athol Ward), Ontario, K0K1P0

2 bd2 ba2 pk1,100 ft²+$670/mo

Listed by Harvey Kalles Real Estate Ltd.

#73 16 Nature's Lane, Prince Edward County (Athol Ward), Ontario, K8P0C5

For sale

144 days ago

$349K

#73 16 Nature's Lane, Prince Edward County (Athol Ward), Ontario, K8P0C5

2 bd2 ba2 pk+$663/mo

Listed by Royal Lepage Proalliance Realty

Investment analysis

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$220,000

Prince Edward County

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$220,000

For sale

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#54 7 Butternut Lane, Prince Edward County (Athol Ward) - Single Family for Sale

#54 7 Butternut Lane, Prince Edward County (Athol Ward), Ontario, K0K1P0

2 beds2 baths2 parking750 ft²$669/mo condo feeListed 40 days ago

Overview

This 2-bedroom, 2-bathroom condo in Prince Edward County is for sale offering roughly 750 sq ft of space. Its $220,000 asking price sits right in line with the $220,000 median in Prince Edward County. It has been on the market 40 days, fresher than the Prince Edward County average of 117 days.

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

Description

Cottage life is easy breezy at 7 Butternut Lane. Enjoy a turn-key cottage experience with all the creature comforts - in-unit laundry, air conditioning, high speed internet, and all kitchen appliances! Furniture is negotiable for a turn-key opportunity. Resort park manages vacation rentals if desired, which is a great way to own a income producing cottage. East Lake Shores offers a fabulous setting with a private beach, walking trails, parkettes with fire pits, gym, pools, restaurant, and more. Lots of activities for kids! The cottage provides comfortable spaces perfect for family and friends - two bedrooms, primary with 2 pc ensuite, a 4 pc main bath. Spend your summers in the heart of Prince Edward County - explore beaches, parks, breweries, wineries, and enjoy excellent shopping and dining in Picton, Wellington, etc! ** 3 Season Home. "Vacant Land Condo" - Amenities Included in monthly condo fee of $669/month includes: High Speed Internet, Cable, Telephone, Water/Sewer, Ground Maintenance And Management. Easy Short Term Rental STA opportunity in PEC! (id:66096)

Property Details

MLS®: X13826582
Property Type: Single Family
Zoning: TC-50
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 750 ft²
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Garage: No Garage
Pool: Yes
Waterfront: Yes
Condo Fee: $669/mo

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Wood

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Prince Edward County (Athol Ward) listings, avg age

117d

Price / ft²

$294

List price

$220K

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 2-bed single family in Prince Edward County (Athol Ward) has been listed for 40 days, which is 77 days fresher than the city average of 117. Act while there is still low competition.

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Listed by Keller Williams Energy Real Estate · Claudine Galy

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $220,000, about 2.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $42,974 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$220,000· $294/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,000

Min 5%50%

Mortgage payment$1,159/mo

↳ CMHC premium ($8,360 capitalized)

Property tax (est.)$201/mo

Condo fee$669/mo

Total monthly$2,029

Cash Needed to Close

Down payment (5%)$11,000

Land transfer tax$1,925

Est. closing costs$3,160

Total cash needed$16,085

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