How much is 59 Bishop Lane listed for?

59 Bishop Lane is listed at $499,900 (MLS® X13723938). Summitly updates the price as soon as the MLS® record changes.

Is $499,900 a good price for 59 Bishop Lane?

Summitly rates it Well Above Market: the asking price is 15% or more above 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.

Has the price of 59 Bishop Lane changed?

Yes — it was first listed at $529,000 and is now $499,900, a drop of $29,100 (5.5%).

How many bedrooms and bathrooms does 59 Bishop Lane have?

59 Bishop Lane has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Prince Edward County.

How much would the monthly mortgage be on 59 Bishop Lane?

About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), 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 59 Bishop Lane compare with other homes in Prince Edward County?

Its asking price of $499,900 is about 20% below the median sold price in Prince Edward County over the last 90 days, $621,507, across 206 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 59 Bishop Lane been sold before?

Summitly has no earlier MLS® sale or lease of 59 Bishop Lane on record from the last two years. Older records aren't shown under TRREB rules.

Where is 59 Bishop Lane?

59 Bishop Lane is in Prince Edward County, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 59 Bishop Lane been on the market?

56 days — 59 Bishop Lane was listed on August 28, 2026.

What is the price per square foot of 59 Bishop Lane?

About $454 to $714 per square foot: the asking price of $499,900 over the 700–1,100 sq ft the listing gives as its size range.

Does 59 Bishop Lane have parking or a garage?

Yes — the listing gives 6 parking spaces.

Does 59 Bishop Lane have a basement, and is it finished?

The listing says 59 Bishop Lane has no basement.

For saleWell Above Market

DetachedOn market 56 daysPrice drop · $29,100 off (-5.5%)

59 Bishop Lane, Prince Edward County

Name: 59 Bishop Lane
SKU: X13723938
Price: 499900 CAD
Availability: InStock

Prince Edward County, ON · · MLS® X13723938Updated October 16, 2026

$499,900Est. $2,456/mo mortgage

Bedrooms: 2
Bathrooms: 1
Living space: 700–1100sq ft
Parking spaces: 6

Type Detached
Lot 25.995 acres
Basement None

What you should know

59 Bishop Lane is a 2-bedroom, 1-bathroom detached home in Prince Edward County, listed for $499,900. It has 700-1100 sq ft of living space.

Grandfathered sta license!
The cottage is fully turn-key and comes completely furnished and equipped with appliances, linens, kitchen supplies and everything needed to enjoy family time or continue renting for added income.
Cottage features include a heat pump with A/C, propane fireplace, and spacious deck with beautiful water views and sunsets, firepit area, circular driveway, new wood shed and a garden shed for added storage.

Ask Zara:

2 Bed, 1 Bath Detached Home in Prince Edward County

About 59 Bishop Lane

Grandfathered sta license! A rare opportunity to own this enchanting 2-bedroom, 2-bathroom cottage in beautiful Prince Edward County, complete with a grandfathered Secondary Whole Home (STA) license, water views, and an expansive 1.46-acre lot offering plenty of privacy and room to relax, entertain, and enjoy the County lifestyle. Whether you're looking for a personal retreat or an investment property with short-term rental potential or both, this property offers exceptional value and flexibility. The cottage is fully turn-key and comes completely furnished and equipped with appliances, linens, kitchen supplies and everything needed to enjoy family time or continue renting for added income. Located in one of Ontario's most sought-after destinations, you'll be close to the County's renowned wineries, celebrated restaurants, sandy beaches, charming villages, and vibrant arts scene. Cottage features include a heat pump with A/C, propane fireplace, and spacious deck with beautiful water views and sunsets, firepit area, circular driveway, new wood shed and a garden shed for added storage. Your Prince Edward County Escape Awaits !

2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $714 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 59 Bishop Lane

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 700-1100 sq ftas stated on the listing
Parking: 6 spaces
Basement: None

Features & systems

Parking & garage

Parking spaces: 6

Interior

Basement: None

Lot & land

Lot size (sqft): 1.46

Listing & possession

Property style: Bungalow
Property class: Detached

59 Bishop Lane Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13723938−$29,100 (5.5%)$499,900
Aug 28, 2026For saleListedThis listingMLS® X13723938$529,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 59 Bishop 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.

Zara’s estimate

Well Above Market· based on 303 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Prince Edward County market, last 90 days

Median sold price: $621,507
Average sold price: $701,132
Average days on market: 62
Homes sold: 206

Closed sales on the TRREB MLS®.

Full Prince Edward County market report

Recently sold nearby in Prince Edward County

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home59 Bishop Lane 2 bd · 1 ba · 700 sqft	$499,900asking	$714	—	—
2 Heritage Drive 2 bd · 2 ba · 1,500 sqft
78 Stirling Crescent 3 bd · 2 ba · 1,100 sqft
20 Harvey Street 3 bd · 2 ba · 2,000 sqft
1462 County Road 12 N/A 2 bd · 1 ba · 1,500 sqft
1724 County Road 3 N/A 2 bd · 2 ba · 1,100 sqft
446 Fish Lake Road 3 bd · 2 ba · 1,100 sqft

2 Heritage Drive
2 bd · 2 ba · 1,500 sqft
78 Stirling Crescent
3 bd · 2 ba · 1,100 sqft
20 Harvey Street
3 bd · 2 ba · 2,000 sqft
1462 County Road 12 N/A
2 bd · 1 ba · 1,500 sqft
1724 County Road 3 N/A
2 bd · 2 ba · 1,100 sqft
446 Fish Lake Road
3 bd · 2 ba · 1,100 sqft

Living in Prince Edward County: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 59 Bishop Lane. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 59 Bishop Lane

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,456; 20% down · 25 years · 5.5% assumed
Property tax: $275; 0.66% mill rate · ON
Total per month: $2,731; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,456

/mo

based on the purchase price of $499,900

Down payment20%

$99,980 cash

Amortization25 yr

$399,920 financed

Rate5.50%

$336,838 total interest

Principal54%$399,920

Interest46%$336,838

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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Listing brokerage: EKORT REALTY LTD., BrokerageMLS® X13723938 · Listing data last updated October 16, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Aug 27· $714/sq ft

Estimated monthly mortgage$2,456/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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59 Bishop Lane, Prince Edward County

What you should know