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Investment signal

$409,000

20 Samantha Lane

Save this home

Beds

3

Baths

2

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cornwall. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 20 Samantha Lane, a brand new 3-bedroom, 2-bathroom home located in the highly desirable Scottsview Meadows subdivision in Cornwall, Prince Edward Island. Built by reputable local builders known for their quality craftsmanship, this home has been thoughtfully designed for modern living and everyday comfort. The bright, open-concept layout features a vaulted ceiling in the main living area, creating a spacious and airy atmosphere. The kitchen flows seamlessly into the inviting living room, highlighted by a beautiful built-in electric fireplace with shiplap surround - perfect for both relaxing evenings and entertaining guests. Designed on one convenient level, this home offers a smart and functional floor plan ideal for families, retirees, and first-time buyers. The main bathroom features convenient in-bathroom laundry, adding to the home?s practical and efficient design. There is also excellent potential for rental income. Situated on a fully serviced lot with municipal water and sewer, the property is located in a growing, family-friendly neighbourhood just minutes from schools, parks, shopping, and a short drive to Charlottetown. Protective covenants are in place to maintain a high standard of development and help protect your investment. Taxes and assessments to be determined. Measurements are approximate and should be verified by buyers if deemed necessary. (id:65958)

Subtype
Single Family
Structure
House
Community
Cornwall
Common interest
Freehold
Lot size
0.28 acres
Lot dimensions
0.28
Bedrooms
3 above grade, 0 below grade
Fireplace
Yes
On market
Dec 16, 2025
Status changed
Apr 28, 2026
Photos
21
MLS#
202529503
Area
CORNWALL

Features and systems

Parking

Attached GarageHeated Garage

Basement

None

Appliances

WasherRefrigeratorDishwasherRangeDryerMicrowave Range Hood Combo

Heating

Radiant heatElectricWall Mounted Heat Pump

Cooling

Air exchanger

Exterior

BrickVinyl

Flooring

Vinyl

Foundation

Concrete Slab

Lot

Paved driveway

Community

School BusRecreational Facilities
Negative cash flow ~$157/mo at these assumptions

Cash on cash

-2.30%

Cap rate

4.40%

GRM

14.2

Break-even rent

$2,565

Financing

Down payment$81,800
Loan amount$327,200
Mortgage$1,658/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$187
Insurance$80
Maintenance$341
CapEx reserve$170
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,658/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.

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