109 Prinyers Cove Crescent, Prince Edward County

$599,900
109 Prinyers Cove Crescent

$599,900

New
23d
DetachedBungalow

109 Prinyers Cove Crescent, Prince Edward County

Total Monthly Obligation $3,103

Beds
2
Baths
2
Park
4
Sqft
1500-2000
DOM
23d
Score
25
Yield
6.5%
Cash on Cash
4.0%
Cap Rate
5.4%
5Y IRR
18.8%
10Y IRR
17.2%
Property Type-Detached
MLS® Number-X13843388
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Lot Size-75 × 217 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,704 (2025)
Parking-4 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-Gordons Real Estate Brokerage Ltd.
Cooling-Other
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Board & Batten
Roof-Metal
Foundation-Concrete Block
Sewer-Septic
Possession-Immediate
Neighbourhood-North Marysburg Ward
Title-Residential Freehold

No agent assigned

Experience the best of Prince Edward County waterfront living at 109 Prinyers Cove Crescent. This delightful property offers 1,507 sq ft of above-grade living space, plenty of storage, a natural shoreline perfect for swimming, and stunning water views enjoyed from multiple rooms and outdoor spaces throughout. The warm and inviting interior features an open-concept kitchen, dining, and living area with parquet flooring, a wood-burning fireplace, and a beautiful bay window. The well-appointed kitchen boasts an island with double stainless-steel sinks, ample cabinetry, and a pantry. Patio doors lead to a spectacular elevated waterside deck, complete with a pergola and bamboo privacy wall - the perfect spot to relax and take in the waterfront scenery. The home offers two main-level bedrooms, including a generous primary suite with large water-facing picture windows, and two bathrooms - a convenient 2-piece off the kitchen and an elegant 4-piece featuring a clawfoot tub and separate standalone shower. Outside, enjoy the covered front entrance with stone patios, side yard access, and a large storage area beneath the deck. Located just two properties from Prinyers Park and Boat Launch, and only 25 km from vibrant downtown Picton, this property is perfectly positioned to enjoy everything the County has to offer. A wonderful opportunity to own a piece of Prince Edward County's coveted waterfront.

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

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,103/mo
Mortgage $2,420
Monthly Loss $2,467
Principal$637
Interest$1,783
Property Tax$309
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.7%5
5-Year IRR
14.4%67
10-Year IRR
14.1%
Returns Index
35.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$39,000/yr
NOI
$26,896/yr
Net Cash Flow
-$178/mo
Cash Margin
-5.5%2
Cash Flow Index
1.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9321
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
30.3/ 100

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

Comparables

Properties near 109 Prinyers Cove Crescent

Time

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Data last updated within the past 24 hours.