1116 COUNTY RD 8, Prince Edward County

$749,900
1116 COUNTY RD 8

$749,900

Price Change
28d
DetachedBungalow

1116 COUNTY RD 8, Prince Edward County

Total Monthly Obligation $3,702

Beds
5
Baths
3
Park
3
Sqft
1100-1500
DOM
28d
Score
24
Yield
6.1%
Cash on Cash
2.9%
Cap Rate
5.2%
5Y IRR
17.9%
10Y IRR
16.5%
Property Type-Detached
MLS® Number-X13829034
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-206.43 × 348 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$3,620.42 (2026)
Parking-5 - Attached
Basement-Finished, Full
Heating-Forced Air (Propane)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Wood
Roof-Metal
Foundation-Concrete Block
Sewer-Septic
Possession-flexible
Neighbourhood-Picton
Title-Residential Freehold

No agent assigned

Just south of Picton, on beautiful County Rd 8, this modern 5 bedroom bungalow sits on 1.6 acres. 2780 square feet, fully finished with 3 baths and move in ready. Professionally landscaped yard with drive in/out access and a 2 car garage with inside entry. The front foyer welcomes you to an open main floor area with a sun filled eat in kitchen and adjoining sunroom, south facing deck and covered living pavilion over looks a large professionally fenced private green belt area ideal for free range pets. Spacious living room and dining room with hardwood floors,fireplace, master bedroom with walk in closet and a large en suite with 2 more bedrooms and bathrooms on this floor. The lower level is new and completely refurbished with a high ceiling, airy and a large rec room. 2 more bedrooms and a 5 pc bathroom , a utility room with so many great possibilities. This home is great for a large family, family country compound retreat or investment property. Tastefully decorated with option available to be purchased furnished.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,702/mo
Mortgage $3,025
Monthly Loss $2,906
Principal$796
Interest$2,229
Property Tax$302
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.1%5
5-Year IRR
14.0%64
10-Year IRR
13.7%
Returns Index
33.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$45,600/yr
NOI
$32,920/yr
Net Cash Flow
-$282/mo
Cash Margin
-7.4%1
Cash Flow Index
1.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9120
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
26.6/ 100

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

Comparables

Properties near 1116 COUNTY RD 8

Time

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Data last updated within the past 24 hours.