$849,000
Est. payment $3,759/moCalculate yours
58 Valhalla Lane, Prince Edward County, ON K0L 1P0
Athol, Prince Edward County, ON K0L 1P0
- 11 Beds
- 7 Baths
- 3,500 Sq Ft
Listing courtesy of HARVEY KALLES REAL ESTATE LTD. MLS® X13854920
About this home
Power of sale seasonal cottage compound at Flakes Cove on East Lake. Picturesque and tranquil waterfront with shallow rocky entry and waterside entertaining deck. Great for fishing, swimming, boating and enjoying our famous Prince Edward County sunsets. Close to Cherry Valley and 10 mins drive to Picton. Property consists of 5 seasonal cottages-1×3 Bdrm, 3×2 Bdrm, 1×1 Bdrm plus den each with private decks overlooking the water. Additional outbuildings include his + hers washrooms (in addition to each cottage having a 3 piece washroom) and laundry house, pump house, sauna, 2 large storage sheds. Recreational facilities include waterside deck, wooden swing, firepit and covered entertaining areas. Property requires additional renovations in order to complete what currently exists. Ideal opportunity for contractors or handyman to finish and set new current value seasonal rents. Zoning is tourist commercial, however, you could also build a year round single-family home under the current zoning… several adjacent properties are single-family year round homes. Property being sold as-is where-is condition with no representations or warranties of any kind. Cottages are accessed via a right of way laneway over 50 Valhalla Lane at the end turn left to 58 Valhalla Lane. Note: Do not enter recreational structure as it is unsafe to do so. No Representations or Warranties, property being sold AS IS-WHERE IS.
Property details
Overview
- Property Type
- Other
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 11
- Bathrooms
- 7
- Kitchens
- 5
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Aluminum Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Well
Lot & Parking
- Parking
- None garage · 12 total
- Zoning
- CT1
Financial
- Property Taxes
- $2,574 (2026)
Location
- Neighbourhood
- Athol
- Cross Street
- County Rd 18/ Cherry Valley Kings Rd
- Direction Faces
- South
Listing
- MLS® Number
- X13854920
- Days on Market
- 17
- Listed On
- 2026-10-01
- Possession
- ASAP
- Listed By
- HARVEY KALLES REAL ESTATE LTD.
Rooms
Features
Interior
- Bar Fridge
- Sauna
Property
- Beach
- Lake/Pond
- Level
- Waterfront
Pool
- None
- Included
- All furniture existing & all appliances existing. All building materials in storage sheds and elsewhere, all light fixtures & all window coverings.
Mortgage calculator
Estimated mortgage payment
$3,759 per month
- Principal and interest
- $3,759
- Property tax
- $215
- Condo fees
- $0
- Estimated monthly cost
- $3,974
Your mortgage
- Mortgage amount
- $679,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $448,556
Cash to close
- Down payment
- $169,800
- Land transfer tax
- $13,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $183,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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