lot 7 is a township in prince county, prince edward island, canada. lot 7 was awarded to sir james montgomery, 1st baronet in the 1767 land lottery. it is part of egmont parish. its shores bring in lobster and sea glass. it is home to the richmond dairy bar. a primarily irish community, locals and visitors enjoy every thursday night the lot 7 céilidh where irish folk and east coast genre of music is enjoyed.