6397 Old Highway 2, Tyendinaga

$549,000
6397 Old Highway 2

$549,000

New
2d
Detached2-Storey

6397 Old Highway 2, Tyendinaga

Total Monthly Obligation $2,873

Beds
4
Baths
2
Park
9
Sqft
2000-2500
DOM
2d
Score
25
Yield
6.4%
Cash on Cash
3.6%
Cap Rate
5.4%
5Y IRR
18.5%
10Y IRR
17.0%
Property Type-Detached
MLS® Number-X14100824
Beds-4
Bathrooms-2
Size-2000-2500 sqft
Lot Size-208.51 × 460 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,400 (2026)
Parking-10 - Detached
Basement-Partially Finished, Walk-Out, Separate Entrance
Heating-Forced Air (Propane)
Brokerage-Exp Realty
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Metal
Foundation-Concrete, Stone
Sewer-Septic
Possession-TBD
Neighbourhood-Tyendinaga Township
Title-Residential Freehold

No agent assigned

A rare mix of unique features headline this fantastically restored century home that has had all the major ticket items replaced and is perfectly positioned on its tranquil 2.5 plus acre lot. Featuring over 310 feet of direct waterfront to the freely flowing Salmon River, wrapped in lilacs and lilies - this turn key 4-bedroom, 2-bathroom home with a Main Floor Bedroom and brilliant dueling staircases has some major replacements worth noting. Metal Roof, Eavestroughs, Soffit, Facia, Siding, Rigid Foam Insulation Installed Around Entire Exterior, Windows, Furnace, A/C, Light Fixtures, Water Heater and Driveway Resurfaced all within last 5 years. Complimenting these is another long list of updates, upgrades and highlights within the last 10 years. Step outside to your outdoor oasis and enjoy some of the finest sunsets, undulating grounds, deep waters of the river, a true covered country front porch and a one of a kind 2 level garage complete with electrical supply and workshop space. Superbly located just moments from the quaint village of Shannonville and a short drive from the lovely city of Belleville, Bay of Quinte, "The County", Highway 401, and many more amazing amenities that Hastings and Prince Edward County respectively have to offer. Trade in your status quo and welcome home to your new river front retreat located at 6397 Old Highway 2!! **See Attached Brochure and VIDEO**

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$2,873/mo
Mortgage $2,215
Monthly Loss $2,290
Principal$583
Interest$1,632
Property Tax$283
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.2%5
5-Year IRR
13.9%64
10-Year IRR
13.7%
Returns Index
33.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$35,400/yr
NOI
$23,960/yr
Net Cash Flow
-$218/mo
Cash Margin
-7.4%1
Cash Flow Index
1.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
31.4/ 100

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

Comparables

Properties near 6397 Old Highway 2

Time

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