16 Butternut Lane is a 2-bedroom, 1-bathroom land in Prince Edward County, listed for $255,000. It has 700-799 sq ft of living space.
1Experience the Canadian Dream with affordable Cottage Ownership in Prince Edward County!
2At East Lake Shores, you own the land and your cottage and have access to the stunning array of amenities.
3Situated near popular Sandbanks Provincial Park, and close to all the local attractions, this 80-acre waterfront community offers a perfect retreat for you and your loved ones.
Experience the Canadian Dream with affordable Cottage Ownership in Prince Edward County! At East Lake Shores, you own the land and your cottage and have access to the stunning array of amenities. Situated near popular Sandbanks Provincial Park, and close to all the local attractions, this 80-acre waterfront community offers a perfect retreat for you and your loved ones. Resort-Style living with low maintenance! Whether you desire a peaceful escape or a fun-filled adventure, this three-season cottage promises unforgettable memories. Resort Amenities include: 2 Pools (one overlooks the Lake and is Adults Only!), waterfront on East Lake with water equipment available, tennis courts, basketball courts, fitness centre, walking trails, dog park and so much more! This cozy cottage features 2 bedrooms, a 4-piece bathroom plus an additional 2-piece Ensuite bath, stackable laundry area, screened porch, extra-large shed, 2 private parking spaces, ductless air conditioning system with units in living room and primary bedroom, beautiful furnishings (all included). This cottage location also provides privacy created with trees and prime lot. Create beautiful memories with family and friends at this charming resort. Enjoy the essence of resort living in the heart of The County. Season runs from April to November. Enjoy the whole season or elect to join the rental program to make an income on your investment. This cottage is already furnished and open for the season. Come and see for yourself what East Lake Shores has to offer. **Condo fees are 663.03/month and include high-speed internet, TV, water, sewer, common elements maintenance and and property management.**
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $364 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 16 Butternut Lane
Every detail from the listing, in one place.
Type
Land
Style
Bungalow
Living space
700-799 sq ftas stated on the listing
Parking
2 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Vacant Land Condo
16 Butternut Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13466770$255,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 16 Butternut Lane Compares to the Prince Edward County Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,253
/mo
based on the purchase price of $255,000
$51,000 cash
$204,000 financed
$171,822 total interest
Principal54%$204,000
Interest46%$171,822
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Prince Edward County
Other 2-bed homes for sale in Prince Edward County around $255K.
Average days on market66Homes sold in about 66 days on average.
Sale-to-list ratio95.7%On average, homes sold below asking.
Active listings472Homes for sale here right now.
Median vs prior 90 days+9.7%Compared with May 7 – Aug 5, 2026: prices up.
Based on 205 sales from Aug 5 – Nov 3, 2026 (132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 16 Butternut Lane
How much is 16 Butternut Lane listed for?
16 Butternut Lane is listed at $255,000 (MLS® X13466770). Summitly updates the price as soon as the MLS® record changes.
Is $255,000 a good price for 16 Butternut Lane?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Prince Edward County. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 16 Butternut Lane changed?
No — 16 Butternut Lane is still listed at its original asking price of $255,000.
How many bedrooms and bathrooms does 16 Butternut Lane have?
16 Butternut Lane has 2 bedrooms and 1 bathroom, with about 700–799 square feet of living space. It is a lot in Prince Edward County.
How much would the monthly mortgage be on 16 Butternut Lane?
About $1,253 a month — principal and interest on $255,000 with 20% down ($51,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 16 Butternut Lane compare with other homes in Prince Edward County?
Its asking price of $255,000 is about 59% below the median sold price in Prince Edward County over the last 90 days, $620,000, across 205 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 16 Butternut Lane been sold before?
Summitly has no earlier MLS® sale or lease of 16 Butternut Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 16 Butternut Lane?
16 Butternut Lane is in Prince Edward County, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 16 Butternut Lane been on the market?
137 days — 16 Butternut Lane was listed on June 19, 2026.
What is the price per square foot of 16 Butternut Lane?
About $319 to $364 per square foot: the asking price of $255,000 over the 700–799 sq ft the listing gives as its size range.
Does 16 Butternut Lane have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 16 Butternut Lane have a basement, and is it finished?
The listing says 16 Butternut Lane has no basement.