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Listed 15 days ago

12698 Loyalist Parkway

Picton Ward, Prince Edward County

$3,249,000

Detached|2-Storey
3 | 5 | 10
About this home

Welcome to an exceptional waterfront estate on Picton Bay. An executive custom post-and-beam residence where timeless craftsmanship, spectacular water views & resort-style amenities come together. Set on 1.3 acres directly across the harbour from the Prince Edward Yacht Club, this is a true boater's paradise & an idyllic retreat for entertaining, relaxing & gathering with family & friends. Meticulously maintained & thoughtfully designed, this newer constructed home offers more than 5,000 sq. ft. across three beautifully appointed levels. The sophisticated modern design features quality finishes, contemporary details, five spacious bedrooms, four-and-a-half bathrooms, soaring vaulted ceilings & an abundance of natural light. Two impressive main-floor decks provide the perfect setting for morning coffee while taking in the ever-changing harbour views, while the lower level opens directly to a walkout patio. Step outside to your private playground: hot tub, custom waterfront seating, fire pit, basketball & pickleball area, and a substantial boat dock with convenient kayak launch. A professional fitness room & rare 2+2-car garage provide exceptional space for vehicles, recreational equipment & all the toys that come with waterfront living. Despite its peaceful waterfront setting, the home is within Picton town limits, offering town water, sewer & septic, just minutes from shops, restaurants, services & amenities. Explore the best of Prince Edward County, from Sandbanks Provincial Park's celebrated beaches & award-winning wineries and restaurants to art galleries, golf courses, local markets & boutique shops. Just 2.5 hours from Toronto, Prince Edward County is one of Ontario's most sought-after communities. A rare opportunity to own an extraordinary piece of Picton Bay. The homeowners also offer the option to purchase the home fully furnished, including all designer & custom furnishings and furniture.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age6-15
Size3000-3500 sq. ft.
Property Tax$10,195
Lot Size100.12 ft x 545 ft
mls© NumberX13858700
Listed ByRoyal Lepage ProAlliance Realty

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$16,630
Property tax
$850
Heat allowance
$150
Housing costs
$17,629 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $649,800
25-yr amortization

Income needed

$542,000

gross annual household income

Payment at 4%
$13,672 / mo
Cash down
$649,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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