8 Allen Street, Prince Edward County

$500,000
8 Allen Street

$500,000

New
57d
Att/Row/Townhouse2-Storey

8 Allen Street, Prince Edward County

Total Monthly Obligation $2,733

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
57d
Score
20
Yield
5.3%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Att/Row/Townhouse
MLS® Number-X13718198
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-22.95 × 115.88 ft
Listed on site-Aug 27, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,098.83 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-MCCAFFREY REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Picton
Title-Residential Freehold

No agent assigned

Set in one of Picton's most desirable and convenient locations, 8 Allen St offers modern townhouse living with the best of Prince Edward County right at your doorstep. The main floor features a welcoming foyer with closet, convenient 2-piece bath, inside access to the attached garage, and a bright, functional layout designed for everyday living and entertaining. The spacious kitchen flows easily into the dining area and generous living room, creating a natural hub for family gatherings, relaxed evenings, and hosting guests. Upstairs, you'll find three well-proportioned bedrooms, including a large primary suite complete with walk-in closet and private 4-piece ensuite. Two additional bedrooms offer great flexibility for family, guests, or a home office, while a second 4-piece bath and upper-level laundry add everyday convenience. The unfinished lower level provides excellent storage and future potential for a rec room, gym, workshop, or additional living space. Located in the heart of Picton, this home places you close to everything that makes Prince Edward County so special. Enjoy walking trails just steps from your door, perfect for morning strolls, dog walks, or quiet time outdoors. A nearby marina offers easy access to boating and waterfront activities, while the world-famous beaches and dunes of Sandbanks Provincial Park are just a short drive away. Picton is known for its vibrant small-town charm, boutique shops, cafes, restaurants, galleries, local markets, and year-round community events. Spend your weekends exploring the County's celebrated wineries, cideries, breweries, and distilleries, or take in the area's incredible farm-to-table dining, scenic country roads, arts scene, and waterfront views. Whether you're looking for a full-time residence, a low-maintenance County retreat, or a stylish home base close to nature, beaches, dining, and culture, 8 Allen St offers the perfect blend of modern townhouse living and the relaxed lifestyle Picton is famous for.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$400,000
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,975

Total Monthly Obligation

$2,733/mo
Mortgage $2,017
Monthly Loss $2,203
Principal$531
Interest$1,486
Property Tax$342
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%30
10-Year IRR
10.0%
Returns Index
16.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$26,484/yr
NOI
$15,237/yr
Net Cash Flow
-$747/mo
Cash Margin
-33.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 8 Allen Street

Time

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