For saleMLS® X12146773

1866-1874 County Rd 12 Road, Prince Edward County, ON K0K 2T0

Hallowell Ward, Prince Edward County · Near Highway 62 & County Rd 12 · View map

$3,495,000
10.51Sq ft
LandType
NoneParking
$7,298/yrTaxes
$3,495,000
FreeholdNo monthly condo fee
Lot 905 x 649.4 ftThe land comes with the home

About this home

Exceptional Investment Opportunity on West Lake Prince Edward County This is one of the most exciting development opportunities in Prince Edward County. Set on 10.5 acres with 550 feet of prime waterfront on West Lake and 905 feet of frontage on County Road 12, this property has been rezoned to allow for the creation of a 20-unit cottage resort, each unit approximately 1,100 sq. ft. in size. The approved vision also includes a bike retail shop and a restaurant café, perfectly positioned to capitalize on the steady flow of visitors to nearby Sandbanks Provincial Park. The current owners have invested significant time and resources into planning a thoughtful and profitable resort concept that blends natural beauty with modern amenities. Whether you're an investor looking to develop a tourism destination or an operator with a vision for a hospitality venture, this property offers unmatched potential. There is also the option for a 50% joint venture partnership, giving the right operator the opportunity to co-own and run the future operation. Seller is also offering property at 1856 County Rd 12 at $475,000.

The home

Type
Land
Square footage
10.51 sq ft
Lot size
905 x 649.4 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$7,298/yr
Tax year
2024
Occupancy
Partial
Possession
Flexible
Cross street
Highway 62 & County Rd 12
Neighbourhood
Hallowell Ward

More

MLS® number
X12146773

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Want to know something that isn’t listed?
Estimated monthly cost$14,706per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    1866-1874 County Rd 12 Road, Prince Edward County, ON K0K 2T0

    Hallowell Ward, Prince Edward County · Near Highway 62 & County Rd 12

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    Sold history

    Listing history for 1866-1874 County Rd 12 Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1866-1874 County Rd 12 Road

    Answers come straight from this home’s MLS® listing.

    How much is 1866-1874 County Rd 12 Road listed for, and what would it cost each month?

    1866-1874 County Rd 12 Road is listed for $3,495,000. With 20% down ($699,000), the mortgage payment would be roughly $14,098 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $14,706 a month, all in. That figure is an illustration, not a quote.

    Is 1866-1874 County Rd 12 Road freehold or a condo, and is there a monthly fee?

    1866-1874 County Rd 12 Road is a land in Hallowell Ward, Prince Edward County. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 1866-1874 County Rd 12 Road have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 1866-1874 County Rd 12 Road?

    1866-1874 County Rd 12 Road is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 1866-1874 County Rd 12 Road, and what is the lot size?

    The lot is listed as 905 x 649.4 ft.

    What are the property taxes for 1866-1874 County Rd 12 Road?

    Property taxes are $7,298 a year (2024), or about $608 a month.

    Where is 1866-1874 County Rd 12 Road?

    1866-1874 County Rd 12 Road is in the Hallowell Ward community of Prince Edward County. The nearest main intersection is Highway 62 & County Rd 12. The postal code is K0K 2T0.

    Is 1866-1874 County Rd 12 Road still for sale?

    Yes. It is an active listing (MLS® X12146773). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 1866-1874 County Rd 12 Road asking?

    Similar properties for sale nearby right now include 1866-1874 County Rd 12 Road at $3,495,000, 14877 Loyalist Parkway W at $3,968,000 and 52 Sunset Lagoon Drive at $3,999,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1866-1874 County Rd 12 Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1866-1874 County Rd 12 Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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