11 Monroe Court, Prince Edward County

$425,000
11 Monroe Court

$425,000

New
35d
DetachedBungalow

11 Monroe Court, Prince Edward County

Total Monthly Obligation $2,273

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
35d
Score
41
Yield
8.0%
Cash on Cash
10.9%
Cap Rate
6.9%
5Y IRR
24.4%
10Y IRR
22.0%
Property Type-Detached
MLS® Number-X13804958
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-68 × 104.99 ft
Listed on site-Sep 18, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$2,207.69 (2025)
Parking-3 - Attached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Royal Lepage Proalliance Realty
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-Community, Inground
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Wellington Ward
Title-Residential Freehold

No agent assigned

Welcome to Wellington on the Lake, where comfortable living and an active, welcoming lifestyle come together. This well-maintained home is ideally situated on a corner lot in a quiet, cul-de-sac. The spacious layout features two large bedrooms, each with a walk-in closet, and two full bathrooms, including a convenient ensuite-style walk-through from the second bedroom. The inviting living room and formal dining room provide plenty of space for entertaining, while the bright four-season sunroom is sure to become a favourite spot to relax and enjoy the seasons. Complete with a gas fireplace, it offers a warm and comfortable extension of the living space. Life at Wellington on the Lake is about more than just your home. Enjoy wonderful neighbours and an impressive selection of community amenities, including an in-ground heated pool, multi-purpose rooms, tennis and pickleball courts, horseshoe pitches, lawn bowling and more. With numerous clubs and activities to choose from, you can be as active and social as you like - or simply enjoy the relaxed pace of community living. For the golf enthusiast or outdoor lover, Wellington Golf Course and the Millennium Trail are both within easy walking distance. The charming town of Wellington is close by and offers everything you need for day-to-day living, while Prince Edward County is renowned for its award-winning wineries, breweries, restaurants, beaches and beautiful countryside. If you're looking for a welcoming community, a comfortable home and an enviable County lifestyle, Wellington on the Lake is a wonderful place to call home.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$340,000
Land Transfer Taxes$4,975
Legal Fees (Est.)
$
Total cash required for closing$91,475

Total Monthly Obligation

$2,273/mo
Mortgage $1,714
Monthly Loss $1,822
Principal$451
Interest$1,263
Property Tax$184
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.7%46
Cash-on-Cash
3.8%18
5-Year IRR
18.8%89
10-Year IRR
17.7%
Returns Index
51.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
41/ 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
$34,200/yr
NOI
$24,072/yr
Net Cash Flow
$292/mo
Cash Margin
10.2%28
Cash Flow Index
27.8/ 100
Risk Profile
Weight: 20%
DSCR
1.1742
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
43.9/ 100

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

Comparables

Properties near 11 Monroe Court

Time

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