8 Ortona Crescent, Prince Edward County

$519,900
8 Ortona Crescent

$519,900

New
24d
Detached2-Storey

8 Ortona Crescent, Prince Edward County

Total Monthly Obligation $2,655

Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
24d
Score
23
Yield
5.7%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-X13841920
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-45.25 × 136.88 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$2,197 (2025)
Parking-2 - None
Basement-Crawl Space
Heating-Forced Air (Electric)
Brokerage-EXP REALTY, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Other
Facing-North
Exterior-Vinyl Siding
Roof-Metal
Foundation-Block, Brick, Concrete, Concrete Block
Sewer-Sewer
Possession-Flexible / Owners
Neighbourhood-Picton Ward
Title-Residential Freehold

No agent assigned

No rear neighbours, just Macaulay Mountain Conservation Area. This well-cared-for 3-bedroom, 1-bath detached two-storey home offers quiet living in Picton and makes an ideal starter home for a growing family, with the big-ticket work already done.Freshly painted inside and out (2025-2026), the home offers approx. 1200 sq ft of living space. The upper level has three bedrooms and the bathroom, upgraded in 2026. The main floor offers potential to add a half bath as your needs grow.The backyard is the heart of this home. The spacious, fully fenced yard is safe for kids and pets and backs onto nature. Spend spring through fall in the three-season sunroom (2025), gather on the double deck, and unwind in the hot tub 2021. Three sheds give you room for bikes, tools and all your seasonal storage.The updates are extensive: steel roof (2025) and front shingles (2021) by MCS Roofing, spray foam insulation in the roof, attic and crawlspace (2024), owned on-demand hot water (2021) with no rental fees, new porch posts and a newly paved driveway (2024). The ducts are cleaned every year, most recently in August 2026. Municipal water and sewer. Shared driveway with parking for two.The location lets you enjoy the best of Prince Edward County. You are 5 minutes from all of Picton's amenities and Base 31, close to Sandbanks and local wineries, and 15 minutes from Lake on the Mountain and the Glenora Ferry.Move-in ready, well insulated and backing onto green space, this is a starter home with room to grow. Book your private showing today. Minutes from Newest planned community Base 31.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$415,920
Land Transfer Taxes$6,873
Legal Fees (Est.)
$
Total cash required for closing$112,353

Total Monthly Obligation

$2,655/mo
Mortgage $2,097
Monthly Loss $2,103
Principal$552
Interest$1,545
Property Tax$183
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.8%2
5-Year IRR
11.8%49
10-Year IRR
12.0%
Returns Index
25.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$29,400/yr
NOI
$19,763/yr
Net Cash Flow
-$450/mo
Cash Margin
-18.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7913
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
31.2/ 100

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

Comparables

Properties near 8 Ortona Crescent

Time

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