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54 - 7 Butternut Lane

54 - 7 Butternut Lane

Prince Edward County, ON

  • 2 bed
  • 2 bath
  • approx. 700-799 sqft
  • Other
$220,000

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!

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Listing Details

Taxes (2026)
$2,418
Listed
September 23, 2026

Price History

Property

Style
Bungalow
Age
6-10
Construction
Board & Batten
Roof
Asphalt Shingle
Interior
Other

Parking

Garage
None
Covered Spaces
0
Total Parking
2

Utilities

Heat Source
Electric

Location & Legal

Cross Street
CR 18 & Summer Village Drive
Zoning
TC-50
Parcel Number
558100054
Possession
Immediate
Occupancy
Vacant

Condo

Maintenance Fee
$669/month
Fee Includes
Water Included, Common Elements Included, Cable TV Included, Parking Included
Pets
Yes-with Restrictions
Locker
None
Balcony
None
Amenities
BBQs Allowed, Communal Waterfront Area, Gym, Outdoor Pool, Playground, Shared Beach

Included

Inclusions
Refrigerator, Stove, Dishwasher, Washer, Dryer
Rental Items
None

Waterfront

Water Body
East Lake
Shoreline
Gravel
Docking
Private

Schools

Elementary

  • Athol-South Marysburgh School Public School2.3 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
$599,900
Homes sold
447
Median days on market
40
Sale-to-list price
95.2%

Based on 447 recorded sales of residential condo & other properties in Prince Edward County over the last 12 months.

Listed by

Keller Williams Energy Real Estate

Walk Score

1

Walk

24

Bike

Scores by Walk Score®

Mortgage Calculator

$44,000

Estimated Monthly Payment

$1,081

Land transfer tax

Estimated land transfer tax$1,925

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

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

Mortgage: $1,081/mo (20% down, 5.5%)

Taxes: $201/mo · Insurance: $55/mo

Maint: $669/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions East Lake Shores offers a fabulous setting with a private beach, walking trails, parkettes with fire pits, gym, pools, restaurant, and more.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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