5 Schmidt Way, Quinte West

$769,900
5 Schmidt Way

$769,900

New
17d
DetachedBungalow

5 Schmidt Way, Quinte West

Total Monthly Obligation $4,025

Beds
5
Baths
3
Park
4
Sqft
1500-2000
DOM
17d
Score
17
Yield
4.6%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Detached
MLS® Number-X13867460
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-38.55 × 153 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$6,534.36 (2026)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-Royal Heritage Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-Murray Ward
Title-Residential Freehold

No agent assigned

Need room to spread out? 5 Schmidt Way offers five bedrooms, three full bathrooms and a fully finished basement, with space for everyone to settle in. The kitchen is made for gathering, with a large island, quartz countertops, a coffee bar and cabinetry that runs right to the ceiling. Nine-foot ceilings carry through the main floor, and the living room adds a coffered ceiling and gas fireplace. A wide patio door opens to the covered deck, an easy spot for morning coffee or dinner outside. The primary bedroom is a real retreat, with a generous walk-in closet and an ensuite featuring double sinks and a glass-and-tile shower. The finished lower level works like a second home: three more bedrooms, a 3-piece bathroom and a second living area with its own gas fireplace. Teens, guests, a home office or movie nights all fit comfortably. A covered front porch, a spacious foyer with a walk-in closet and easy-care laminate flooring add practical touches throughout. Everyday life is convenient here. Shopping is close, Highway 401 is right there for commuters, and CFB Trenton, the marina and the YMCA are a short drive away.

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

Closing Costs

Mortgage Amount
$615,920
Land Transfer Taxes$11,873
Legal Fees (Est.)
$
Total cash required for closing$167,353

Total Monthly Obligation

$4,025/mo
Mortgage $3,106
Monthly Loss $3,208
Principal$817
Interest$2,288
Property Tax$545
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$35,400/yr
NOI
$20,826/yr
Net Cash Flow
-$1,370/mo
Cash Margin
-46.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.8/ 100

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

Comparables

Properties near 5 Schmidt Way

Time

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