372 Main Street, Prince Edward County

$1,070,000
372 Main Street

$1,070,000

New
15d
Detached2-Storey

372 Main Street, Prince Edward County

Total Monthly Obligation $4,907

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
15d
Score
16
Yield
3.4%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-X13876960
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-82.16 × 183 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$2,586 (2025)
Parking-6 - Detached
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-Chestnut Park Real Estate Limited
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Wood
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wellington Ward
Title-Residential Freehold

No agent assigned

Beautifully reimagined in the heart of Wellington, this extensively renovated three-bedroom, three-bath home with the flexibility of a fourth main-floor bedroom, brings historic character, modern comfort and exceptional outdoor living into architectural alignment. Renewed from top to bottom, the home retains the details that give it presence: substantial baseboards and trim, the original staircase and railing, generous room openings and preserved period elements. Warm natural tones, refined lighting, wide-plank flooring and a soft, timeless palette carry the home forward. The main level is bright, open and welcoming, with sight lines connecting the living and dining spaces. The newly designed kitchen features tailored cabinetry, stone surfaces, a substantial island, all-new appliances and considered finishes. A versatile front room may serve as an office, den, guest space, intimate dining room or fourth bedroom, while the rear mudroom, laundry and powder room add everyday function. Upstairs are three spacious bedrooms, including a serene primary suite with a walk-in closet enlivened by natural light, and finished ensuite. A renovated four piece bathroom completes the level. Behind the finished spaces, new plumbing, electrical, HVAC and air conditioning provide the comfort and efficiency of a substantially renewed home. A new rear deck overlooks the deep backyard, where professional landscaping, new lawns, gardens, walkways and hardscape create a lush, finished setting. The detached two-car garage adds valuable parking, storage and flexibility. With Wellington's shops, dining, waterfront and amenities within easy reach, and trails, wineries, breweries and farm stands nearby this is quintessential village living: historic character without the historic-home projects, and a property ready to enjoy from the moment you arrive.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$856,000
Land Transfer Taxes$17,875
Legal Fees (Est.)
$
Total cash required for closing$233,375

Total Monthly Obligation

$4,907/mo
Mortgage $4,316
Monthly Loss $3,771
Principal$1,136
Interest$3,180
Property Tax$216
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.7%17
10-Year IRR
7.9%
Returns Index
9.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$36,576/yr
NOI
$25,832/yr
Net Cash Flow
-$2,163/mo
Cash Margin
-71.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.9/ 100

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

Comparables

Properties near 372 Main Street

Time

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