For Sale Price Drop MLS® X12972700

58 Valhalla Lane

Athol · Prince Edward County · ON · K0L 1P0

On market 164 days

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11 Beds
7 Baths
12 Parking
Other Type

About this property

Waterfront

Power of sale seasonal cottage compound at Flakes Cove on East Lake. Picturesque and tranquil waterfront with shallow rocky entry and waterside entertaining deck. Great for fishing, swimming, boating and enjoying our famous Prince Edward County sunsets. Close to Cherry Valley and 10 mins drive to Picton. Property consists of 5 seasonal cottages-1x3 Bdrm, 3x2 Bdrm, 1x1 Bdrm plus den each with private decks overlooking the water. Additional outbuildings include his + hers washrooms (in addition to each cottage having a 3 piece washroom) and laundry house, pump house, sauna, 2 large storage sheds. Recreational facilities include waterside deck, wooden swing, firepit and covered entertaining areas. Property requires additional renovations in order to complete what currently exists. Ideal opportunity for contractors or handyman to finish and set new current value seasonal rents. Zoning is tourist commercial. Property being sold as-is where-is condition with no representations or warranties of any kind. Cottages are accessed via a right of way laneway over 50 Valhalla Lane at the end turn left to 58 Valhalla Lane. Note: Do not enter recreational structure as it is unsafe to do so. No Representations or Warranties, property being sold AS IS-WHERE IS.

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Key facts

Type Other · Bungalow
Zoning CT1
Taxes $3,704/2025
Water / Sewer Drilled Well
Days on market 164
Neighbourhood Athol
Property details
Property type Other
Style Bungalow
Possession TBA · Immediate
Occupancy Vacant
Direction faces South
Cross street County Rd 18/ Cherry Valley Kings Rd
Rooms & baths
Kitchens 5
Rooms above / below grade 16
Bedrooms above / below 11
Washrooms 7 × 3-pc · Flat
Laundry Main Level
Building & utilities
Heat Baseboard · Electric
Construction Aluminum Siding
Roof Asphalt Shingle
Water Drilled Well
Electricity Yes
Gas No
Water service No
Sewer service No
Cable No
Parking
Total 12
Features Available, Private, Right Of Way
Lot
Zoning CT1
Financial
Taxes $3,704/2025
Inclusions & exclusions
Inclusions All furniture existing & all appliances existing. All building materials in storage sheds and elsewhere, all light fixtures & all window coverings.
Waterfront
Waterfront features Other
Shoreline Clean, Shallow, Hard Bottom
Shoreline allowance Owned
Disclosures & conditions
Disclosures Conservation Regulations, Right Of Way
Features & amenities

Interior

Bar FridgeSauna

Exterior

FishingRecreational AreaSeasonal Living

Property

BeachLake/PondLevelWaterfront

Accessibility

Open Floor PlanParking

Rooms

16 rooms on 1 level

Type Dimensions Features
Ground
Living Room 15' × 9'3" Combined w/KitchenLaminate
Bedroom 7'11" × 9'3" Laminate
Bedroom 9'1" × 9'3" Laminate
Bathroom 8'6" × 9'5" Laminate3 Pc Bath
Living Room 17'7" × 11'7" Vaulted Ceiling(s)Combined w/Kitchen
Bedroom 7'3" × 8'1" Laminate
Bathroom 7'3" × 10'5" Laminate3 Pc Bath
Living Room 19'2" × 9'8" Overlook WaterCombined w/Kitchen
Bedroom 9'4" × 9'4" Laminate
Bedroom 9'6" × 9'3" Irregular RoomLaminate
Living Room 15'2" × 9'5" Overlook WaterCombined w/Kitchen
Bedroom 7'5" × 10'1" Laminate
Bedroom 5'10" × 7'3" Open ConceptLaminate
Living Room 19'3" × 9'7" Overlook WaterCombined w/Kitchen
Bedroom 9'1" × 9'1" Laminate
Bedroom 7'7" × 9'5" Laminate

Mortgage calculator

$4,200/moMonthly payment
$719,200Mortgage amount
$540,855Total interest
$1,439,855Total cost

Location

Cross street: County Rd 18/ Cherry Valley Kings Rd

Market Overview

Prince Edward County

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MLS® X12972700 Brokerage HARVEY KALLES REAL ESTATE LTD. Listed Apr 8, 2026 Updated Jun 18, 2026

Listing data provided by the Toronto Regional Real Estate Board (TRREB).

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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Last updated: September 20, 2026.

$899,000 11 bd · 7 ba
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