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New2 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 in one extraordinary property. 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 those who love to entertain, relax & gather w/ family & friends. Meticulously maintained & thoughtfully designed, this newer constructed home offers more than 5,000 sq ft across 3 levels. The residence features a sophisticated modern design with quality finishes. 5 spacious bedrooms & 4.5 bathrooms, custom beam w/ vaulted pine ceiling & maple flooring,.2 impressive main-floor decks provide the perfect setting for taking in the harbour views, while the lower level opens directly to a w/o patio. Step outside & discover your own private playground: a hot tub, custom waterfront seating, fire pit, basketball & pickleball area, & a substantial dock complete with a kayak launch. For those who value both wellness & convenience, the property also boasts a professional fitness room, while a rare 2+2-car garage provides exceptional space for vehicles, equipment & all the toys that come w/waterfront living. Despite its peaceful waterfront setting, the home is conveniently located within town limits, providing municipal water & sewer as well as being just mins from Picton shops, restaurants & amenities. Venture a little further & explore the celebrated beaches of Sandbanks Provincial Park, award-winning wineries & restaurants, art galleries, golf courses, local markets & boutique shops. Experience the County lifestyle while only 2.5 hrs fr Toronto. Prince Edward County has become one of Ontario's most sought-after communities. A rare opportunity to own an extraordinary piece of Picton Bay. The homeowners are pleased to offer the option of purchasing the home fully furnished, including all designer & custom furnishings.

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agent
Macallum Tepsich
(647) 326-2579
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

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  • 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

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