198 Welbanks Road, Prince Edward County

$565,000
198 Welbanks Road

$565,000

New
32d
DetachedBungalow

198 Welbanks Road, Prince Edward County

Total Monthly Obligation $2,918

Beds
3
Baths
2
Park
5
Sqft
1100-1500
DOM
32d
Yield
5.3%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Detached
MLS® Number-X13808536
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-442.9 × 592.63 ft
Listed on site-Sep 21, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$3,163.93 (2025)
Parking-6 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Propane)
Brokerage-Harvey Kalles Real Estate Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Pellet Stove
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Metal
Foundation-Concrete
Sewer-Septic
Possession-Immediate/flexible
Neighbourhood-Athol Ward
Title-Residential Freehold

No agent assigned

Set on 6 peaceful acres between Lake Ontario and East Lake, this inviting bungalow offers a wonderful blend of country space, everyday comfort, and room to make the property your own. Surrounded by open skies and natural beauty, the setting provides plenty of privacy while remaining within easy reach of the area's beaches, wineries, villages, and amenities. Inside, the main floor is bright and functional, with a generous living room, an open-concept kitchen and dining area, and a convenient foyer with direct access to the laundry room. Three bedrooms include a comfortable primary suite with a convenient 2-piece semi-ensuite, complemented by a full main-floor bath. The full basement is bright and partially finished, offering flexible space for a family room, gym, workshop, hobby area, or whatever best suits your needs. A pellet stove adds warmth and character during the colder months. Step outside and enjoy the expansive grounds from the back deck, where southern exposure and beautiful sunsets create a wonderful backdrop for summer evenings. With 6 acres to explore, there's plenty of room for gardens, recreation, outdoor entertaining, or simply enjoying the freedom of having space around you. A full-sized soccer net is already in place for family fun! An attached garage and two storage sheds provide practical space for vehicles, tools, and recreational gear. Recent improvements include a new furnace, basement waterproofing, and new central air conditioning unit, paired with components such as a durable metal roof and wired-in generator. A well-maintained country property with space, privacy, and flexibility - ready to be enjoyed from day one!

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Closing Costs

Mortgage Amount
$452,000
Land Transfer Taxes$7,775
Legal Fees (Est.)
$
Total cash required for closing$122,275

Total Monthly Obligation

$2,918/mo
Mortgage $2,279
Monthly Loss $2,318
Principal$600
Interest$1,679
Property Tax$264
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 198 Welbanks Road

Time

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