Homula Realty Brokerage
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27 Butternut Lane 34, Prince Edward County, ON K0K 1P0

2 beds · 1 bath · 1 kitchen · 5 rooms · 700-799 sq ft · Detached Condo
$199,900

Utilities includedWater · Cable TV

Also includedCommon Elements · Parking · Condo Taxes

Maintenance fee
$663 / month
Property tax
$2,350 / year
Included in the fee
Water, Common Elements, Parking, Cable TV, Condo Taxes

Affordable Resort Living from April to November in Prince Edward County. East Lake Shores is an 80 acre community located just minutes away from Sandbanks Park. The resort offers all the amenities including: pools, waterfront, fitness centre, sports courts, walking trails and you own the land too! This 2 bedroom cottage also has a 4-piece bath, laundry, screened porch and is just a couple minutes walk to all amenities. 27 Butternut Lane is being sold furnished and ready for you you enjoy on opening day! Relax, unwind, spend time with your family and friends while enjoying all the County has to offer. Condo fee $663/month includes: water/sewer, internet, cable, grounds maintenance, management and common areas. Come for a look and move in this summer!

MLS number
X12911334
Type
Detached Condo
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
K0K 1P0
Photos
34
Included in the fee
Water, Common Elements, Parking, Cable TV, Condo Taxes
173days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$39,980 · minimum here is $9,995
$885.11per month
Borrowed before insurance$159,920
Total borrowed$159,920
Interest over 25 years at 4.5%$105,614

If you rented it out

-$1,743.95per month out of pocket
Rent$0.00
Everything it costs to hold$1,743.95
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX QUINTE LTD.. Listing data provided by the Toronto Regional Real Estate Board.