1606 County Road 10, Prince Edward County

$779,000
1606 County Road 10

$779,000

Price Change
29d
Detached2-Storey

1606 County Road 10, Prince Edward County

Total Monthly Obligation $3,809

Beds
3
Baths
2
Park
10
Sqft
2000-2500
DOM
29d
Score
19
Yield
4.6%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13825832
Beds-3
Bathrooms-2
Size-2000-2500 sqft
Lot Size-173.83 × 140.76 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,504.05 (2025)
Parking-11 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Chestnut Park Real Estate Limited
Cooling-None
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick, Wood
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Septic
Possession-FLEX
Neighbourhood-Athol Ward
Title-Residential Freehold

No agent assigned

A picturesque County home business opportunity just minutes from Picton and the shores of Sandbanks, set on a generous, flat lot with pastoral views and incredible Cherry Valley/East Lake sunsets. This thoughtfully maintained 3 bedroom c. 1870 Red Brick/Board and Batten Victorian home pairs timeless character with comfortable, light-filled interiors including a spacious living room with custom built-ins, a neutral eat-in kitchen overlooking the fields behind, formal dining room with wood stove, main floor den/office space/main floor bedroom option and an enclosed porch perfect for crisp mornings overlooking the countryside with your cup of coffee. Two bedrooms are located upstairs in the main part of the house, while a private secondary upper level space offers the third bedroom with its own bath - an ideal arrangement for overnight guests/older children. The opportunities extend well beyond the main residence - with ample parking and a substantial barn with poured concrete floor, the property offers an inspiring canvas for a home-based business, creative studio or antique shop. A charming bunkie adds yet another layer of flexibility, perfect for visiting guests or even a yoga space. 1606 County Road 10 gives you the space to live a little more freely, with privacy, room to create and plenty of flexibility - all without giving up the convenience of being close to town. For those looking to leave the city behind while staying close to everything Picton has to offer, this is County living with room to live, work and create.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$623,200
Land Transfer Taxes$12,055
Legal Fees (Est.)
$
Total cash required for closing$169,355

Total Monthly Obligation

$3,809/mo
Mortgage $3,142
Monthly Loss $2,982
Principal$827
Interest$2,315
Property Tax$292
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
10.0%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,856/yr
NOI
$24,266/yr
Net Cash Flow
-$1,120/mo
Cash Margin
-37.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.3/ 100

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

Comparables

Properties near 1606 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.