5 Hollow Lane, Prince Edward County, ON

$349,000
MLS#:X12657852
2 beds
2 baths
900-999 sqft
2.0 parking
Residential Condo & Other
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This listing is no longer active (Expired)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow vacant land condo located in the coveted neighborhood of Athol Ward. Expertly crafted featuring premium hardboard construction, this residence presents an exceptional opportunity offered at $349,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 2.0 total parking spaces available
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Separate Hydro Meter
  • equipped with central air central cooling and highly efficient baseboard heating via electric

Description

Located along the edge of the large central park in the Hollows neighbourhood of East Lake Shores, 5 Hollow Lane enjoys a front-row position overlooking open green space. Kids can run, play, and bike just steps from the front door, with the added benefit of a large side yard for extra outdoor space, while adults relax on the extra-large screened porch facing the park. This well-maintained 2-bedroom, 2-bath Milford model features a comfortable layout with good separation between spaces. The kitchen and living areas sit between the bedrooms, offering privacy for guests, different schedules, or quiet mornings. Everything is on one level, with in-suite laundry. Inside, the cottage feels bright and welcoming with tasteful furnishings and a relaxed cottage style. The primary bedroom includes a 2-piece ensuite, while the main 4-piece bath offers a full tub/shower. Sold fully furnished, including outdoor furniture, the cottage is move-in ready. A landscaped patio provides another place to gather after a day outside. The cottage is centrally located between the resort's family-focused amenities such as the playground, family pool, and sports courts, and the quieter lakeside area with the adult pool, gym, Owner's Lodge, yoga and pilates classes, and 1,500 feet of shoreline on East Lake with shared canoes, kayaks, and paddleboards. Walking trails, a leash-free dog park, putting green, and lakeside patio complete the resort experience. East Lake Shores is a 3-season (April-October) vacant-land condominium, where you own both the cottage and the land it sits on. Monthly condo fees of $663.03 include internet, cable TV, water/sewer, grounds maintenance, and use of all amenities. This cottage has been owner-occupied; new owners have the option to participate in the on-site rental program or manage their own rentals if desired. Just minutes from Sandbanks Provincial Park, wineries, shops, and dining, 5 Hollow Lane puts the best of Prince Edward County within easy reach.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusExpired
Listed Date1/2/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land Condo
Architectural StyleBungalow
ConstructionHardboard
BasementNone
CountyPrince Edward County
Annual Tax$2,561

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingCentral Air

Features

Property Features

Beach, Hospital, Lake/Pond, Ravine, Waterfront, Wooded/Treed

Interior Features

Carpet Free, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater Owned

Security Features

Community Features

Location

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5 Hollow Lane, Prince Edward County, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5 Hollow Lane 215, Prince Edward County, ON K0K 1P0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prince Edward County.

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Interest Rate5.25%
Down Payment$17,450 (5.0%)
* Minimum Canadian down payment required for this price is $17,450.
Amortization Period25 Years
Estimated Monthly Payment$1,976Based on a loan of $331,550 over 25 years.
Purchase Price$349,000
Loan Amount$331,550
Provincial Land Transfer Tax:$3,710
Total Estimated Closing Taxes:$3,710

About Purchasing a Home in Prince Edward County, ON

For a property listed at $349,000 in Prince Edward County, the legal minimum down payment is $17,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,710 for this transaction. As this listing is in Prince Edward County (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,710.

Nearby Listings

Distance:

No current listings found in Prince Edward County.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Athol Ward, Prince Edward County.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$417,092

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.