The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Looking for a cottage in Prince Edward County? 11 Hollow Lane at East Lake Shores offers plenty of room to bring family and friends, with 2 bedrooms, 2 bathrooms, a loft, and one of the largest screened porches in the resort. This fully furnished Picton model is one of the larger cottage designs at East Lake Shores, with vaulted ceilings, a bright open-concept kitchen, dining and living area, and private parking for two vehicles. Set in The Hollows overlooking a pocket park and community firepit, it's a great location for enjoying everything this friendly waterfront community has to offer. The oversized screened porch is a real highlight, adding another generous living and dining space for summer days and evenings. Two bedrooms and two full bathrooms provide comfortable main-floor accommodation, while the loft is ideal for extra guests, a kids' space or storage. East Lake Shores is a gated, seasonal waterfront cottage community in Prince Edward County, open from April through October, with 237 cottages on 80 acres and approximately 1,500 feet of shoreline on East Lake. It is a vacant land condominium, so you own your cottage and the land it sits on. Amenities include two pools, pickleball, tennis, basketball, and bocce courts, a gym, a playground, walking trails, waterfront areas, and use of canoes, kayaks, and paddleboards. There's also a full calendar of social and recreational activities throughout the season. Monthly condo fees of $663.03, billed year-round, include water and sewer, internet, TV, lawn care, off-season snow removal, and use of the amenities. Owners are responsible for their own cottage maintenance and may rent privately or participate in the on-site rental program if desired. Just minutes from Sandbanks Provincial Park, Picton, wineries, breweries and restaurants, 11 Hollow Lane gives you your own furnished cottage in Prince Edward County, with the amenities and community of East Lake Shores right outside your door.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,269/mo
Mortgage (principal + interest)$1,384
Property taxFrom listing: $2,664/yr$222
Condo feesFrom listing$663
Minimum $18,500 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$74,000
Ontario land transfer taxProvincial brackets, no first-time refund$4,025
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$80,825
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Prince Edward County has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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