1083 Lakeside Drive, Prince Edward County

$529,900
1083 Lakeside Drive

$529,900

New
17d
DetachedBungalow

1083 Lakeside Drive, Prince Edward County

Total Monthly Obligation $2,802

Beds
3
Baths
1
Park
6
Sqft
1100-1500
DOM
17d
Score
21
Yield
5.5%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Detached
MLS® Number-X13867764
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-125.4 × 190 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,478 (2025)
Parking-6 - None
Basement-Crawl Space
Heating-Forced Air (Propane)
Brokerage-Exit Realty Group
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Ameliasburg Ward
Title-Residential Freehold

No agent assigned

Charming 3-bedroom, 1-bathroom bungalow on a spacious lot along the private shores of Consecon Lake offers the perfect blend of year-round comfort and waterfront living. With a beautiful backyard leading directly to your own private shoreline, you'll enjoy endless opportunities to launch a kayak, cast a line, swim, or simply unwind while taking in breathtaking sunsets over the lake. Inside, the thoughtfully designed layout is filled with natural light and showcases picturesque water views throughout the main living areas. Designed for convenient one-level living, the home features a functional kitchen with a peninsula, a bright and inviting living space, three comfortable bedrooms, a well-appointed 4-piece bathroom, and a dedicated laundry room. The sunroom is the perfect place to enjoy your morning coffee, read a book, or relax year-round while overlooking the tranquil waterfront. Adding even more value is the versatile bunkie/workshop, offering endless possibilities as a guest retreat, artist's studio, hobby space, home office, or additional storage for all your waterfront toys and equipment. Whether you're looking for a year-round residence, a weekend getaway, or an investment opportunity, this property delivers the waterfront lifestyle you've been dreaming of. Ideally located in the quaint village of Consecon, you're just minutes from the award-winning wineries, renowned restaurants, boutique shops, beaches, and countless attractions of Prince Edward County. This is a rare opportunity to enjoy peaceful lakeside living while remaining close to everything the County has to offer.

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

Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$2,802/mo
Mortgage $2,137
Monthly Loss $2,240
Principal$562
Interest$1,575
Property Tax$290
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$29,004/yr
NOI
$18,126/yr
Net Cash Flow
-$627/mo
Cash Margin
-25.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
28.9/ 100

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

Comparables

Properties near 1083 Lakeside Drive

Time

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