47 Meagan Lane, Quinte West

$698,800
47 Meagan Lane

$698,800

New
9d
DetachedBungalow

47 Meagan Lane, Quinte West

Total Monthly Obligation $3,692

HausQ Valuation Report
Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
9d
Score
15
Yield
3.1%
Cash on Cash
-12.4%
Cap Rate
1.9%
5Y IRR
5.9%
10Y IRR
7.1%
Property Type-Detached
MLS® Number-X14032970
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-38.91 × 132.24 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$5,982.36 (2026)
Parking-6 - Built-In
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE IGNITE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Frankford Ward
Title-Residential Freehold

No agent assigned

Elegant, 4-year-new detached home in the wonderful community of Frankford, featuring a premium pie-shaped ravine lot. This beautifully maintained home offers rich hardwood flooring throughout, an oak staircase, California shutters, and impressive high ceilings on the main floor. The bright, open-concept living, dining, and kitchen area is perfect for everyday living and entertaining. The upgraded kitchen features quartz countertops, a centre island, LED under-cabinet lighting, and black stainless-steel appliances. The spacious primary suite boasts a walk-in closet and private ensuite, complemented by two additional bedrooms and a second full bathroom. Additional highlights include a main-floor laundry room, custom-tiled shower with glass enclosure, pot lights, a spacious foyer, an owned hot water system, and 200-amp electrical service. Enjoy outdoor living on the huge deck overlooking the beautiful ravine setting, ideal for family gatherings and entertaining. Complete with a double-car garage and a private driveway accommodating up to four vehicles, this exceptional home offers comfort, style, and a peaceful setting for the whole family.

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$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$559,040
Land Transfer Taxes$10,451
Legal Fees (Est.)
$
Total cash required for closing$151,711

Total Monthly Obligation

$3,692/mo
Mortgage $2,819
Monthly Loss $2,951
Principal$742
Interest$2,077
Property Tax$499
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.6%0
5-Year IRR
2.8%6
10-Year IRR
5.1%
Returns Index
4.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$21,600/yr
NOI
$8,958/yr
Net Cash Flow
-$2,072/mo
Cash Margin
-115.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.262
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
21.0/ 100

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

Comparables

Properties near 47 Meagan Lane

Time

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