90 Main Street, Prince Edward County

$375,000
90 Main Street

$375,000

New
36d
DetachedBungalow

90 Main Street, Prince Edward County

Total Monthly Obligation $2,053

Beds
4
Baths
1
Park
2
Sqft
700-1100
DOM
36d
Score
53
Yield
8.8%
Cash on Cash
14.1%
Cap Rate
7.6%
5Y IRR
27.0%
10Y IRR
24.3%
Property Type-Detached
MLS® Number-X13796730
Beds-4
Bathrooms-1
Size-700-1100 sqft
Lot Size-75.14 × 145.52 ft
Listed on site-Sep 17, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$1,978.3 (2026)
Parking-2 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Harvey Kalles Real Estate Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Concrete Block, Wood
Sewer-Sewer
Possession-Flex
Neighbourhood-Wellington Ward
Title-Residential Freehold

No agent assigned

Located on a generous 75' x 145' lot on Main Street in Wellington, this property offers an exciting opportunity to get into one of Prince Edward County's most sought-after communities at an attractive price. Whether you're looking for a weekend getaway, a classic County cottage, or a future building lot, this property gives you options. Built in 1923, the existing cottage has a wonderful eclectic character. The open-concept living, dining, and kitchen area creates a comfortable space for gathering, while four bedrooms and a bathroom provide plenty of room for family and friends. The cottage is winterized, with recently updated heating and cooling systems, making it possible to enjoy as a getaway in every season. Spend your days at the beach, evenings downtown, or simply hang out at the cottage and enjoy the relaxed pace of Wellington. And then there's the land. With 75 feet of frontage and 145 feet of depth, the property presents an excellent opportunity for someone thinking about building a new home in the future. Enjoy the existing cottage now while you consider what you might create down the road. Excellent location. Walk or bike to Wellington's sandy beaches, library, grocery store, shops, restaurants, and cafes. Short drive from the County's wineries, breweries, antique shops, art boutiques, and other attractions. At this price point, this is a great opportunity to own a sizeable property in Wellington with immediate getaway appeal and exciting possibilities for the future. Come take a look - the value and potential of this property are best appreciated in person.

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Closing Costs

Mortgage Amount
$300,000
Land Transfer Taxes$4,100
Legal Fees (Est.)
$
Total cash required for closing$80,600

Total Monthly Obligation

$2,053/mo
Mortgage $1,513
Monthly Loss $1,654
Principal$398
Interest$1,115
Property Tax$165
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.2%52
Cash-on-Cash
6.3%28
5-Year IRR
20.9%93
10-Year IRR
19.5%
Returns Index
59.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
53/ 100
Poor•Caution

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,000/yr
NOI
$23,222/yr
Net Cash Flow
$422/mo
Cash Margin
15.4%52
Cash Flow Index
51.8/ 100
Risk Profile
Weight: 20%
DSCR
1.2853
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo78
Risk Index
49.7/ 100

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

Comparables

Properties near 90 Main Street

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.