56 Michaels Lane, Orwell Cove

Mud room - 56 Michaels Lane, Orwell Cove, PE C0A2E0 Photo 1

38 Photos

Kitchen - 56 Michaels Lane, Orwell Cove, PE C0A2E0 Photo 2
Dining room - 56 Michaels Lane, Orwell Cove, PE C0A2E0 Photo 3
Living room - 56 Michaels Lane, Orwell Cove, PE C0A2E0 Photo 4
Primary Bedroom - 56 Michaels Lane, Orwell Cove, PE C0A2E0 Photo 5
Ensuite (# pieces 2-6) - 56 Michaels Lane, Orwell Cove, PE C0A2E0 Photo 6
Bedroom - 56 Michaels Lane, Orwell Cove, PE C0A2E0 Photo 7
  • Bedrooms: 3
  • Bathrooms: 2
  • MLS®: 202325813
  • Type: Residential
  • Added: 123 days ago

Property Details

NEW Waterview Home in the serene village of Orwell Cove on Michaels Lane - HST is included within the List Price. Set amidst 2.06 acres of lush panoramas, this two-story residence exudes elegance and promises a tranquil lifestyle. Crafted by a renowned builder, it stands as a testament to meticulous artistry. The main floor welcomes with an open concept, where the living room, dining area, and kitchen boast waterviews. Spanning 1396 sq ft, this level emanates brightness, courtesy of cathedral ceilings and ample natural light. Also on the main floor you will find three bedrooms, including a master enclave with an ensuite, epitomize comfort and style. The homes exterior is an engineered wood siding. Below, the lower level awaits transformation, offering space for one or two bedrooms, a games or recreation room, and plumbing for a third bathroom?a canvas for imaginative designs. The walls have all be roughed in and is ready to complete which could make this a 4 or 5 bedroom home or a home office depending on your needs. As daylight fades, the property unveils mesmerizing sunsets, bestowing a serene aura upon the landscape?a daily gift for the soul. Guarded by subdivision covenants, your haven remains intact, just 30 minutes from Charlottetown and 20 minutes from Stratford?s conveniences. More than a home, it's an evolving story, backed by an Atlantic Home Warranty. It beckons new owners to script their tales of comfort, scenic beauty, and potential?a canvas ready for personal touches, dreams, and future memories. (id:1945)

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Property Information

  • View: Ocean view
  • Sewer: Septic System
  • Heating: Baseboard heaters, Electric, Wall Mounted Heat Pump
  • List AOR: PEIA
  • Stories: 2.5
  • Tax Year: 2023
  • Basement: Full
  • Flooring: Tile, Laminate, Vinyl
  • Year Built: 2023
  • Appliances: None
  • Lot Features: Level
  • Photos Count: 38
  • Water Source: Drilled Well
  • Parcel Number: 1162411
  • Bedrooms Total: 3
  • Structure Type: House
  • Common Interest: Freehold
  • Exterior Features: Wood siding, Other
  • Foundation Details: Poured Concrete
  • Lot Size Dimensions: 2.06
  • Above Grade Finished Area: 1396
  • Above Grade Finished Area Units: square feet
Room Dimensions
Type Level Dimensions
Mud room Main level 12.7 x 7.
Kitchen Main level 18.4 x 15.10
Dining room Main level Combined
Living room Main level 19. x 18.2
Primary Bedroom Main level 12.6 x 13.2
Ensuite (# pieces 2-6) Main level 5.10 x 8.4
Bedroom Main level 10.8 x 10.6
Bedroom Main level 10.8 x 10.6
Bath (# pieces 1-6) Main level 8.8 x 8.9
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Nearby Places

Name Type Address Distance
Orwell Corner Historic Village Lodging 98 Macphail Park Rd 2.5 km
The MacPhail Homestead Cafe 271 Macphail Park Road 3.7 km
MacPhail Woods Forestry Project Park McPhail Park Rd 3.7 km
Vernon River Consolidated School School 5505 Murray Harbour Rd 5.2 km
Steerman's Quality Meats Food 131 Drake Rd 5.3 km
Lord Selkirk Provincial Park Park Belfast 6.7 km
Island Taylored Meats Inc. Food 978 Queens Rd 9.8 km
Valleyfield, Prince Edward Island ... 10.0 km
Pinette Park Provincial Park Park Trans-Canada Hwy 10.3 km
Lot 66, Prince Edward Island George's Parish... 10.7 km
Lot 49, Prince Edward Island Lot 49 was awarded to Gabriel Christie and James S... 10.8 km
Lot 48, Prince Edward Island Lot 48 was awarded to Samuel Touchet and Lieutenan... 13.0 km
Similar Houses Stat in Orwell Cove
We have found 5 Houses that closely match the specifications of the property located at 56 Michaels Lane with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 389,000 and 699,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the C0A2E0 postal code area of Orwell Cove Prince Edward Island Canada.
56 Michaels Lane mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 56 Michaels Lane. The current price of the property is $634,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $507,920. This would result in a monthly mortgage payment of $2,969 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 50
University / Below bachelor level 10
Certificate of Qualification 20
College 75
University degree at bachelor level or above 50

Neighbourhood Marital Status Stat

Married 235
Widowed 25
Divorced 20
Separated 10
Never married 85
Living common law 20
Married or living common law 255
Not married and not living common law 140

Neighbourhood Construction Date

1961 to 1980 50
1981 to 1990 25
1991 to 2000 10
2006 to 2010 20
1960 or before 80
Comparison of 56 Michaels Lane, Orwell Cove, PE with Nearby Houses
Nearby Cities Listings Avg. price
Charlottetown Real Estate 185 $516.381
Summerside Real Estate 116 $395.714
Stratford Real Estate 77 $540.836
Dieppe Real Estate 123 $701.089
Moncton Real Estate 304 $509.272
Brighton Real Estate 104 $664.000
Dartmouth Real Estate 61 $677.492
Shediac Real Estate 86 $569.895
Popular Cities Listings Avg. price
St John S Real Estate 364 $580.726
Ottawa Real Estate 2141 $894.800
Kawartha Lakes Real Estate 485 $945.541
Oshawa Real Estate 423 $1.036.619
Whitby Real Estate 328 $1.213.971
Fort Erie Real Estate 371 $902.698
Other Real Estate 1400 $999.535
Markham Real Estate 518 $1.390.062
14 New Cove Road, Orwell Cove 183 Orwell Cove Road, Orwell Cove