13056 Highway 62, Centre Hastings

$429,900
13056 Highway 62

$429,900

New
8d
DetachedBungalow

13056 Highway 62, Centre Hastings

Total Monthly Obligation $2,393

Beds
2
Baths
2
Park
4
Sqft
1100-1500
DOM
8d
Score
22
Yield
6.1%
Cash on Cash
0.8%
Cap Rate
4.7%
5Y IRR
16.2%
10Y IRR
15.1%
Property Type-Detached
MLS® Number-X14083028
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-151 × 749.05 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,411.78 (2026)
Parking-4 - None
Basement-Full, Unfinished
Heating-Forced Air (Propane)
Brokerage-Century 21 Lanthorn Real Estate Ltd
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Centre Hastings
Title-Residential Freehold

No agent assigned

Looking for privacy? This property checks that box and more! A long, tree-lined driveway off Highway 62 welcomes you to a peaceful, private setting surrounded by nature, yet conveniently located just minutes from Madoc and approximately 25 minutes to Belleville. Nestled among mature trees, this cozy 3-bedroom, 1.5-bath bungalow offers a wonderful blend of comfort and country charm. Enjoy your morning coffee or unwind at the end of the day on the inviting new front deck while listening to the sounds of nature. A new rear deck provides convenient access to the kitchen, making outdoor living a breeze. Inside, the main level features an open-concept dining and living room, highlighted by a large bay window that fills the space with natural light and a propane fireplace that adds warmth and ambiance. The full basement offers plenty of potential to finish to your liking, whether you envision additional living space, a recreation room, or a home office. Enjoy peace of mind with several key updates already taken care of, including a propane furnace approximately 6 years old, windows approximately 8 years old, a roof approximately 12 years old, and a new air conditioning unit installed this year. Outdoor enthusiasts will appreciate the nearby Heritage Trail for recreational riding and the public boat launch at Moira Lake for fishing, boating, and other water activities. If you're looking for privacy, a peaceful setting, and room to make it your own, this charming country bungalow is worth a closer look!

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

Closing Costs

Mortgage Amount
$343,920
Land Transfer Taxes$5,073
Legal Fees (Est.)
$
Total cash required for closing$92,553

Total Monthly Obligation

$2,393/mo
Mortgage $1,734
Monthly Loss $1,937
Principal$456
Interest$1,278
Property Tax$284
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.3%44
10-Year IRR
11.6%
Returns Index
23.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$26,100/yr
NOI
$15,578/yr
Net Cash Flow
-$436/mo
Cash Margin
-20.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
33.0/ 100

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

Comparables

Properties near 13056 Highway 62

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.