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58 - 115 Butternut Lane

58 - 115 Butternut Lane

Prince Edward County, ON

2 bed • 1 bath • approx. 1000-1199 sqft • Vacant Land Condo • 164 days on market

$249,000

Welcome to 115 Butternut Lane in the East Lake Shores waterfront resort-style cottage community in Prince Edward County. Overlooking a pocket park with a community firepit, this inviting bungaloft cottage enjoys a friendly setting where neighbours gather and kids can play close by. Inside, the cottage features neutral décor and an easy layout with two bedrooms on the main level and a versatile loft above that provides additional sleeping space or convenient storage. The location is ideal for families, just a short stroll to the family pool, sports courts, off-leash dog park, and the community events pavilion, with the waterfront and beach area less than a 10-minute walk away. East Lake Shores is a gated seasonal cottage community open from April to October, located on the shores of East Lake and just minutes from Sandbanks Provincial Park. Owners enjoy a wide range of amenities, including two swimming pools, tennis and pickleball courts, a gym, a playground, walking trails, bocce, shuffleboard, and a putting green, along with convenient on-site waste disposal and recycling. The resort is pet-friendly and includes an off-leash dog park, and owners can be as active as they like with organized activities such as aquafit, yoga, Zumba, live music, and pop-up community events throughout the season - or simply relax and enjoy the slower pace of cottage life. Owners can enjoy the cottage for personal use and also generate income through the on-site rental program or by managing rentals independently on platforms such as Airbnb or VRBO when not using the property. Surrounded by the wineries, restaurants, beaches, and farm markets that make Prince Edward County a sought-after destination, this cottage offers an easy escape from the city and a relaxed way to enjoy the County lifestyle.

Listing Details

Taxes (2026)
$2,689
Listed
March 17, 2026

Price History

Listing history

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Property

Style
Bungaloft
Age
16-30
Construction
Hardboard
Roof
Asphalt Shingle
Foundation
Piers
Interior
Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage Area Lockers, Water Heater Owned

Utilities

Heat Source
Electric

Location & Legal

Cross Street
County Rd 18 and County Rd 10
Zoning
TC-50 (lot 51'6" x 57'1")
Parcel Number
558100058
Possession
Flexible

Commercial

Occupancy
Owner

Included

Inclusions
See attached list of inclusions.
Exclusions
See attached list of exclusions.
Rental Items
None

Waterfront

Water Body
East Lake
Shoreline
Clean, Gravel
Docking
None

Schools

Elementary

  • Athol-South Marysburgh School Public School2.1 km

    Public · Hastings & Prince Edward DSB · 155 students

    Grade 3 reading: 100% met the provincial standard · Grade 6 math: 53% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K0K

Population
115,850
Private dwellings
53,153
Median age
50.8
Average household size
2.4
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Prince Edward County · last 12 months

Median sold price
$599,450
Homes sold
478
Median days on market
40
Sale-to-list price
95.0%

Based on 478 recorded sales of residential condo & other properties in Prince Edward County over the last 12 months.

Rooms

4-piece on Main

Second

  • Loft20'3" x 10'7"

Main

  • Bedroom 29'4" x 10'8"
  • Dining Room15'9" x 7'
  • Kitchen14' x 12'7"
  • Living Room8'6" x 12'7"
  • Primary Bedroom9'10" x 10'8"

Listed by

Royal LePage Frank Real Estate

Location

Mortgage Calculator

$49,800

Estimated Monthly Payment

$1,223

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,223/mo (20% down, 5.5%)

Taxes: $224/mo · Insurance: $62/mo

Estimates only. Consult a financial advisor.

R

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