23 Wood Street, Quinte West

$499,000
23 Wood Street

$499,000

New
3d
DetachedBungalow

23 Wood Street, Quinte West

Total Monthly Obligation $2,630

Beds
3
Baths
1
Park
8
Sqft
700-1100
DOM
3d
Score
34
Yield
7.5%
Cash on Cash
8.5%
Cap Rate
6.4%
5Y IRR
22.4%
10Y IRR
20.3%
Property Type-Detached
MLS® Number-X14098148
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-113 × 150 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,905 (2025)
Parking-10 - Detached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-Century 21 Lanthorn Real Estate Ltd
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-Available Immediately
Neighbourhood-Murray Ward
Title-Residential Freehold

No agent assigned

With being just minutes from town, CFB Trenton, and convenient access to Highway 401, this home offers the perfect combination of peaceful living and everyday convenience. Situated in the sought after neighborhood known as Pine Acres, this 3 bedroom brick bungalow is waiting for you! Ideally situated on a quiet street in a quaint neighborhood with minimal traffic, across from a spacious park. The main floor features an eat in kitchen, living room, three bedrooms and a full bathroom. The lower level provides even more living space with a spacious recreation room and versatile bonus room-ideal for a home office, hobby room, playroom or additional living area. One of the standout features is the spacious paved driveway, providing plenty of parking for family, guests, trailers, or recreational vehicles, along with a detached double garage offering excellent space for vehicles, storage, hobbies, or a workshop. The large backyard offers plenty of space for children, pets, gardening, entertaining, or simply enjoying the outdoors. With its desirable location, solid construction, and room to make it your own, this charming bungalow is ready for its next chapter. Don't miss the opportunity to call this wonderful property home!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,630/mo
Mortgage $2,013
Monthly Loss $2,100
Principal$530
Interest$1,483
Property Tax$242
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.3%41
Cash-on-Cash
2.0%12
5-Year IRR
17.4%83
10-Year IRR
16.5%
Returns Index
46.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
34/ 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
$37,500/yr
NOI
$26,345/yr
Net Cash Flow
$183/mo
Cash Margin
5.8%14
Cash Flow Index
13.8/ 100
Risk Profile
Weight: 20%
DSCR
1.0935
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
38.1/ 100

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

Comparables

Properties near 23 Wood Street

Time

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