98 CHARLIES LANE
PEIA · C0A1B0
$247,500
About this residence
Welcome to 98 Charlie's Lane, a charming and well-maintained 3-bedroom, 1-bathroom cottage set on 0.4 acres with 103 feet of private waterfront on the beautiful Pinette River. Whether you're looking for a seasonal retreat, a smart investment property, or a future year-round home, this turn-key cottage offers exceptional value and potential. The home is built on a solid 5-foot concrete foundation, is fully insulated, and features electric baseboard heating, making it comfortable during the spring, summer, and fall?and easily adaptable for year-round living with minimal upgrades. Inside, the cottage is furnished and comes equipped with a fridge, stove, washer, and dryer. The open and inviting layout is perfect for hosting family and friends or relaxing in comfort. Recent exterior upgrades include a durable steel roof, newer vinyl siding, and vinyl windows and doors, offering long-lasting, low-maintenance protection from the elements. Enjoy the outdoors from the wrap-around deck, where you can take in the river views, BBQ, or unwind after a day on the water. A shed provides handy extra storage space for tools, gear, or seasonal items. There is a new water heater (2023) and a UV light. Located just 30 minutes from Charlottetown and 20 minutes from Montague, this cottage provides peaceful riverside living with convenient access to shopping, dining, and local attractions. With a successful track record as an Airbnb rental earning $250 per night, this property is a proven income generator. Property taxes are just $1,406 annually, making ownership both enjoyable and affordable. Don't miss this opportunity to own a slice of PEI waterfront paradise?perfect for personal enjoyment, rental income, or both. (id:61366)
Property details
- Property type
- Recreational
- Style
- Recreational
- Ownership
- Freehold
- Bedrooms
- 3 (3 above)
- Bathrooms
- 1
- Living area
- 600 sq ft
- Lot size
- 0.5
- Year built
- 1994
- Annual tax
- $1,406
- MLS®
- 202601105
- Board
- PEIA
- Status
- Active
- Listed
- Jan 19, 2026
- Updated
- May 10, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 17.6 X 10. |
| Living room | Main level | 17.6 X 9.4 |
| Bedroom | Main level | 9.10 X 9.8 |
| Bedroom | Main level | 9. X 6.8 |
| Bedroom | Main level | 7.8 X 6.2 |
| Bath (# pieces 1-6) | Main level | 5. X 9.5 |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
- Barbeque
Flooring
- Laminate
- Vinyl
Heating
- Baseboard heaters
- Electric
Basement
- Partial
Exterior
- Vinyl
Lot
- Sloping
Sewer & Utilities
- Septic System
Community
- Recreational Facilities
Architecture
- Character
Financing
Estimated monthly payment
$1,157/mo
Loan amount
$198,000
Down payment
$49,500
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
PEIA
Nearby
About the area
Census · C0A- 48,140
- Population
- 45
- Median age
- $77,500
- Median income
- $276,000
- Median home value
- 82%
- Home ownership
- 24 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 98 CHARLIES LANE?
98 CHARLIES LANE is listed for $247,500, in PEIA.
How many bedrooms and bathrooms does 98 CHARLIES LANE have?
It offers 3 bedrooms and 1 bathroom.
What type of home is 98 CHARLIES LANE?
98 CHARLIES LANE is a Recreational, Recreational, built in 1994.
How large is 98 CHARLIES LANE?
The home offers approximately 600 sq ft of living space on a lot measuring 0.5.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $1,157. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $1,406 per year.
What is the PEIA area like?
PEIA has a population of about 48,140, a median age of 45, a 82% home-ownership rate, with an average commute of about 24 minutes.
What is the average home value in PEIA?
The median dwelling value in this area is approximately $276,000, based on census data via Neighbourly.
What is the median household income in PEIA?
The median household income in this area is approximately $77,500.
Similar residences
Comparable Recreational near PEIA at a similar price.
Private viewings
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