0 - 159 Point Pleasant Lane, Prince Edward County

$998,000
0 - 159 Point Pleasant Lane

$998,000

New
30d
Detached2-Storey

0 - 159 Point Pleasant Lane, Prince Edward County

Total Monthly Obligation $5,059

Beds
4
Baths
2
Park
6
Sqft
2000-2500
DOM
30d
Score
14
Yield
2.9%
Cash on Cash
-12.6%
Cap Rate
1.9%
5Y IRR
5.7%
10Y IRR
7.0%
Property Type-Detached
MLS® Number-X13818938
Beds-4
Bathrooms-2
Size-2000-2500 sqft
Lot Size-472.49 × 186.23 ft
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$7,897.26 (2025)
Parking-9 - Attached
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-LPT Realty
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-North Marysburg Ward
Title-Residential Freehold

No agent assigned

If you've been searching for waterfront acreage in Prince Edward County, this combined offering of 159 Point Pleasant Lane and 0 Point Pleasant Lane deserves a serious look. Together the two parcels total roughly 2.44 acres with more than 400 feet of Lake Ontario shoreline. This kind of scale and frontage is getting harder to find in The County every year.159 Point Pleasant Lane is the anchor: a 4-bedroom, 2-bathroom home or cottage on roughly one acre, move-in ready now and full of potential down the road. Whether that means a light refresh or a full reimagining into your dream waterfront retreat. Picture mornings with coffee and water views, afternoons swimming, kayaking, boating or fishing right off your own shoreline, and evenings around a fire pit under a sky full of stars. A two-storey detached barn with loft space and electrical service rounds things out, giving you room for storage, hobbies, or whatever project comes next. Next door, the vacant 1.44-acre parcel at 0 Point Pleasant Lane brings an additional 260-plus feet of waterfront and a wide-open set of possibilities: extra privacy, a second residence for family, a future building lot, or simply room to grow. Buy both and create a true multi-generational compound, or purchase either property on its own, as both are available separately. Beyond the property line is everything Prince Edward County is so well known for: Enjoy wineries and breweries, farm-to-table dining, sandy beaches, golf, farmers' markets, artist studios, and live music. This waterfront gem is ready for its next chapter.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$798,400
Land Transfer Taxes$16,435
Legal Fees (Est.)
$
Total cash required for closing$217,535

Total Monthly Obligation

$5,059/mo
Mortgage $4,026
Monthly Loss $3,999
Principal$1,059
Interest$2,966
Property Tax$658
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.1%0
5-Year IRR
3.0%6
10-Year IRR
5.3%
Returns Index
4.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$28,956/yr
NOI
$13,663/yr
Net Cash Flow
-$2,887/mo
Cash Margin
-119.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
16.7/ 100

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

Comparables

Properties near 0 - 159 Point Pleasant Lane

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.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.