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.
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.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$1,819/mo
Mortgage (principal + interest)$932
Property taxFrom listing: $2,689/yr$224
Condo feesFrom listing$663
Minimum $12,450 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$49,800
Ontario land transfer taxProvincial brackets, no first-time refund$2,215
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$54,815
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.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
