661 County Road 10, Prince Edward County

$845,000
661 County Road 10

$845,000

New
38d
Detached1 1/2 Storey

661 County Road 10, Prince Edward County

Total Monthly Obligation $3,783

Beds
4
Baths
2
Park
5
Sqft
2000-2500
DOM
38d
Score
17
Yield
3.6%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-X13789832
Beds-4
Bathrooms-2
Size-2000-2500 sqft
Lot Size-260 × 541 ft
Listed on site-Sep 15, 2026
Style-1 1/2 Storey
Building Type-Detached
Parking-5 - Detached
Basement-Unfinished
Heating-Forced Air (Oil)
Brokerage-Royal Lepage Proalliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Septic
Possession-Upon Severance
Neighbourhood-Picton
Title-Residential Freehold

No agent assigned

A rare Prince Edward County opportunity on approximately 3.2 beautiful acres, just minutes from Picton and along a well-travelled route toward Sandbanks Provincial Park. This charming four-bedroom century farmhouse offers timeless character, generous living space, and exciting flexibility. Currently configured with a second suite, the home is well suited for extended family, guests, or potential rental use, subject to applicable approvals. The property's large accompanying barn is a standout feature, offering tremendous potential for a studio, workshop, creative enterprise, or unique multi-functional space, subject to zoning and municipal approvals. Its scale, character, and prominent setting provide an excellent foundation for a variety of possibilities. Situated on a recently severed 3.2-acre parcel, the property offers a wonderful balance of country space and accessibility. Located close to Picton's shops, restaurants, services, and amenities, and positioned along a main connection toward Sandbanks, it also offers excellent exposure and potential for uses that may benefit from passing traffic, subject to permitted uses and approvals. Whether you are looking for a character-filled County home, a property with flexible living arrangements, or an opportunity to bring a creative, agricultural, or multi-use vision to life, 661 County Road 10 is a property with history, presence, and possibilities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$676,000
Land Transfer Taxes$13,375
Legal Fees (Est.)
$
Total cash required for closing$183,875

Total Monthly Obligation

$3,783/mo
Mortgage $3,408
Monthly Loss $2,887
Principal$897
Interest$2,512
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.5%21
10-Year IRR
8.6%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$30,000/yr
NOI
$22,500/yr
Net Cash Flow
-$1,533/mo
Cash Margin
-61.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
21.7/ 100

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

Comparables

Properties near 661 County Road 10

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.