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.
BUYER BONUS! Close by December 31, 2026, and the Seller will pay the condo fees through March 2027. Enjoy the remainder of this season, then have your Prince Edward County cottage ready and waiting when East Lake Shores reopens in the spring - with no condo fees to pay until April 2027. Welcome to 63 Butternut Lane at East Lake Shores, a gated seasonal waterfront community (April-October) in Prince Edward County, just 9 km from Sandbanks Provincial Park. Fully furnished and move-in ready, this 2-bedroom, 2-bathroom cottage is ready for family getaways, summer escapes, or a combination of personal use and rental income. Located in The Meadows near the family pool, sports courts, and playground, the cottage offers an open-concept kitchen, dining, and living area, ensuite laundry, no neighbour on one side, and convenient parking directly behind. A screened-in porch adds extra living space, while the landscaped patio is ideal for outdoor dining and summer evenings. East Lake Shores spans 80 acres with 1,500 feet of waterfront on East Lake. Amenities include a beach and swim dock, family and adult pools, tennis, pickleball, and basketball courts, fitness facilities, Owner's Lodge, playground, dog park, trails, and complimentary canoes, kayaks, and paddleboards. Condo fees include water, sewer, high-speed internet, TV service, lawn and grounds maintenance and use of resort amenities. Owners may rent privately or participate in the on-site rental program if desired, with no municipal STA license required. Just minutes from Sandbanks, Picton, wineries, breweries, farm markets, restaurants and shopping, 63 Butternut offers a turnkey way to enjoy summers in Prince Edward County.
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What’s NearbyDistances approximate
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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$1,766/mo
Mortgage (principal + interest)$894
Property taxFrom listing: $2,508/yr$209
Condo feesFrom listing$663
Minimum $11,950 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$47,800
Ontario land transfer taxProvincial brackets, no first-time refund$2,115
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$52,715
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.
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