Residentiae.
For Sale · PEIA

98 CHARLIES LANE

PEIA · C0A1B0

$247,500

3Bedrooms
1Bathrooms
Parking
600Sq Ft

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

RoomLevelDimensions
KitchenMain level17.6 X 10.
Living roomMain level17.6 X 9.4
BedroomMain level9.10 X 9.8
BedroomMain level9. X 6.8
BedroomMain level7.8 X 6.2
Bath (# pieces 1-6)Main level5. 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

Mortgage calculator

Estimated monthly payment

$1,157/mo

Amortization

Loan amount

$198,000

Down payment

$49,500

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

PEIA

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

0–14
16%
15–24
11%
25–44
23%
45–64
29%
65+
21%

Tenure

82% owners18% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently 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.

Private viewings

Arrange a private viewing of 98 CHARLIES LANE.

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