Hidden Gems: Prince Edward County
Discover why this hidden gem is on the radar for Canadians
Published on December 4th, 2024
Tucked away on the shores of Lake Ontario, Prince Edward County is a destination that many Canadians may not have considered for homeownership—but perhaps they should. Known as PEC by the locals, this 405-square-mile island on Lake Ontario is connected to the mainland by a narrow strip of land. In recent years, PEC has transformed similarly to New York’s Catskills region. It has long been a haven for city dwellers looking to escape urban life and dive into artisan ventures, whether in food, wine, or crafts. However, it truly saw a boom during the pandemic, as many Torontonians, seeking more space and tranquility, flocked to the area. Located roughly 135 miles east of Toronto, PEC offers the perfect mix of rural charm and accessibility for those ready to embrace a slower pace of life.
The Unique Charm of Prince Edward County
Prince Edward County is known for its mix of rustic charm and contemporary culture. Whether you’re exploring its vibrant arts scene, touring the famous wineries, or enjoying the relaxed pace of small-town life, there’s something here for everyone. Towns like Picton and Wellington offer a rich blend of local artisans, galleries, farm-to-table restaurants, and boutique shops, giving PEC a trendy, yet unhurried, vibe.
But what really sets PEC apart is its sense of community. With a population just shy of 25,000, it has managed to retain a close-knit, friendly feel. The area is also surrounded by stunning natural landscapes, from the rolling vineyards to the sandy shores of Sandbanks Provincial Park—one of the most visited parks in Ontario.
For remote workers, this means access to high-speed internet, local cafes that double as workspaces, and ample outdoor activities to unwind after a productive day. Plus, being just two hours from Toronto, it offers the perfect balance between rural tranquility and access to urban amenities.
Affordability in a Competitive Housing Market
One of the biggest draws to PEC is its affordability compared to nearby urban centers. While housing prices in Ontario have been on the rise, Prince Edward County has remained relatively affordable, making it an attractive option for buyers priced out of cities like Toronto and Ottawa.
The average home price in PEC in September 2024 was $736,000, which is significantly lower than the average home price in Toronto, which currently sits at around $1.18 million. Despite a year-over-year increase of approximately 12%, PEC remains one of the more accessible markets in Southern Ontario. This steady rise in home prices also suggests that the area is growing in popularity, as more Canadians discover its appeal.
Why Prince Edward County Should Be On Your Radar
Suppose you’re dreaming of a life where you can enjoy the simple pleasures—wine tastings at local vineyards, strolls through charming towns, and easy access to nature—all while staying within reach of major cities. In that case, Prince Edward County is a hidden gem worth exploring. With housing prices within reach, a welcoming community, and a slower pace of life, this rural retreat offers a lifestyle that’s becoming increasingly rare in today’s fast-paced world.
As the housing market in Ontario continues to evolve, PEC stands out as a region that combines both affordability and an exceptional quality of life, making it a smart choice for homebuyers looking for something off the beaten path. If you’ve never considered this corner of Ontario, it might be time to look at what Prince Edward County has to offer.
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