2 Bay Vista Gate, Quinte West

$1,379,000
2 Bay Vista Gate

$1,379,000

New
22d
DetachedBungaloft

2 Bay Vista Gate, Quinte West

Total Monthly Obligation $6,646

Beds
5
Baths
3
Park
7
Sqft
2000-2500
DOM
22d
Score
14
Yield
2.7%
Cash on Cash
-12.5%
Cap Rate
1.9%
5Y IRR
5.8%
10Y IRR
7.1%
Property Type-Detached
MLS® Number-X13851722
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Lot Size-163.09 × 236.86 ft
Listed on site-Oct 1, 2026
Style-Bungaloft
Building Type-Detached
Age-0-5
Taxes-$8,497.53 (2025)
Parking-10 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-MAIN STREET REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Murray Ward
Title-Residential Freehold

No agent assigned

*Upgrade to this home and the Seller will consider purchasing yours! Experience refined country living in Prince Edward County with this never-lived-in luxury bungaloft situated on an impressive 0.907 acre premium corner lot. This exceptional Sandbanks Model offers approximately 2,367 sq. ft. above grade plus a rare 1,790 sq. ft. full-height 8'6" basement, thoughtfully upgraded throughout with designer finishes and exceptional craftsmanship. Step inside to soaring 18-foot vaulted ceilings in the Great Room accented by a stunning modern feature wall, rich upgraded hardwood flooring, smooth ceilings, abundant pot lighting, and elegant custom light fixtures. The sophisticated dining room showcases a beautiful waffle ceiling, while the gourmet kitchen features granite countertops, upgraded backsplash, premium stainless steel appliances, upgraded cabinetry with bulkhead finish, and designer sink and faucet upgrades. The luxurious primary retreat offers a coffered ceiling, striking accent wall, two-way fireplace, spa-inspired ensuite with quartz counters, frameless glass rain shower, and freestanding soaker tub. A spectacular loft walkout leads to the second-floor loggia with breathtaking lake views, while both upper and main-floor loggias provide seamless indoor-outdoor living. Additional highlights include 5 bedrooms, 3-car garage with finished walls, ceilings and sealed floor, professionally painted interior, upgraded stairwell finishes, finished laundry room, French doors, casement windows, and a basement already sealed and prepared for fitness or recreation space, complete with 3-piece bathroom rough-in. Perfectly located just steps to the Millennium Trail and minutes to canals, bays, beaches, wineries, golf courses, equestrian facilities, campgrounds, and renowned provincial parks including Sandbanks Provincial Park, North Beach Provincial Park, and Presqu'ile Provincial Park. Offers Anytime!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,103,200
Land Transfer Taxes$24,055
Legal Fees (Est.)
$
Total cash required for closing$301,355

Total Monthly Obligation

$6,646/mo
Mortgage $5,563
Monthly Loss $5,182
Principal$1,464
Interest$4,099
Property Tax$708
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.6%0
5-Year IRR
3.4%7
10-Year IRR
5.5%
Returns Index
4.8/ 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
$37,356/yr
NOI
$20,623/yr
Net Cash Flow
-$3,844/mo
Cash Margin
-123.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.4/ 100

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

Comparables

Properties near 2 Bay Vista Gate

Time

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Data last updated within the past 24 hours.