58 Valhalla Lane
Prince Edward County, ON
11 bed • 7 bath • approx. 3500-5000 sqft • Other • 141 days on market
Power of sale seasonal cottage compound at Flakes Cove on East Lake. Picturesque and tranquil waterfront with shallow rocky entry and waterside entertaining deck. Great for fishing, swimming, boating and enjoying our famous Prince Edward County sunsets. Close to Cherry Valley and 10 mins drive to Picton. Property consists of 5 seasonal cottages-1x3 Bdrm, 3x2 Bdrm, 1x1 Bdrm plus den each with private decks overlooking the water. Additional outbuildings include his + hers washrooms (in addition to each cottage having a 3 piece washroom) and laundry house, pump house, sauna, 2 large storage sheds. Recreational facilities include waterside deck, wooden swing, firepit and covered entertaining areas. Property requires additional renovations in order to complete what currently exists. Ideal opportunity for contractors or handyman to finish and set new current value seasonal rents. Zoning is tourist commercial. Property being sold as-is where-is condition with no representations or warranties of any kind. Cottages are accessed via a right of way laneway over 50 Valhalla Lane at the end turn left to 58 Valhalla Lane. Note: Do not enter recreational structure as it is unsafe to do so. No Representations or Warranties, property being sold AS IS-WHERE IS.
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Listing Details
- Taxes (2025)
- $3,704
- Originally Listed
- $999,900
- Listed
- April 8, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- Interior
- Bar Fridge, Sauna
Utilities
- Water
- Drilled Well
- Heat Source
- Electric
Location & Legal
- Cross Street
- County Rd 18/ Cherry Valley Kings Rd
- Zoning
- CT1
- Parcel Number
- 550760267
- Possession
- Immediate
Commercial
- Occupancy
- Vacant
Included
- Inclusions
- All furniture existing & all appliances existing. All building materials in storage sheds and elsewhere, all light fixtures & all window coverings.
Waterfront
- Water Body
- East Lake
- Shoreline
- Clean, Shallow, Hard Bottom
- Docking
- None
Schools
Elementary
- Athol-South Marysburgh School Public School3 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 K0L
- Population
- 78,142
- Private dwellings
- 48,786
- Median age
- 54
- Average household size
- 2.3
- Median household income
- $79,000
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 Freehold in Prince Edward County · last 12 months
- Median sold price
- $597,000
- Homes sold
- 478
- Median days on market
- 40
- Sale-to-list price
- 95.0%
Based on 478 recorded sales of residential freehold properties in Prince Edward County over the last 12 months.
Rooms
7 × 3-piece on Flat
Ground
- Bathroom8'6" x 9'5"
- Bathroom7'3" x 10'5"
- Bedroom7'3" x 8'1"
- Bedroom7'11" x 9'3"
- Bedroom9'1" x 9'3"
- Bedroom9'6" x 9'3"
- Bedroom7'5" x 10'1"
- Bedroom5'10" x 7'3"
- Bedroom9'1" x 9'1"
- Bedroom9'4" x 9'4"
- Bedroom7'7" x 9'5"
- Living Room17'7" x 11'7"
- Living Room15' x 9'3"
- Living Room15'2" x 9'5"
- Living Room19'2" x 9'8"
- Living Room19'3" x 9'7"
Listed by
HARVEY KALLES REAL ESTATE LTD.
Walk Score
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Location
Mortgage Calculator
$179,800
Estimated Monthly Payment
$4,417
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,417/mo (20% down, 5.5%)
Taxes: $309/mo · Insurance: $225/mo
Estimates only. Consult a financial advisor.
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