12 Reynolds Place, Prince Edward County

$360,000
12 Reynolds Place

$360,000

New
105d
DetachedBungalow

12 Reynolds Place, Prince Edward County

Total Monthly Obligation $2,011

Beds
2
Baths
1
Park
1
Sqft
700-1100
DOM
105d
Score
62
Yield
9.5%
Cash on Cash
16.8%
Cap Rate
8.2%
5Y IRR
29.3%
10Y IRR
26.3%
Property Type-Detached
MLS® Number-X13549410
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-21.1 × 104 ft
Listed on site-Jul 10, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$2,208.12 (2025)
Parking-2 - Attached
Basement-Crawl Space, Full
Heating-Forced Air (Gas)
Brokerage-Royal Lepage Proalliance Realty
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Community
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-90 preferred. May be able to do sooner
Neighbourhood-Wellington
Title-Residential Freehold

No agent assigned

Trade the upkeep for the lifestyle you've earned. Welcome to Wellington on the Lake, Prince Edward County's premier 55+ lifestyle community where low-maintenance living meets an active, social way of life. This inviting 2-bedroom, 1-bathroom bungalow offers the ease of one-level living with accessibility features designed for everyday comfort and convenience. With a large open Living Room/ Dining Room / Kitchen, a large primary bedroom with dual access to the main bath, there is great living space here! Use the 2nd bedroom as an office or keep it for guests. You'll appreciate the cozy gas fireplace in the winter and the cool, private deck in the warmer weather with a newer roll out awning! The electrical switches and receptacles were updated 3 years ago and a 20 amp service was installed in the garage for your tools! Whether you're looking to simplify, travel more or spend your days enjoying the things you love, this home provides the perfect opportunity to embrace your next chapter. Life here extends well beyond your front door. Residents enjoy exceptional community amenities, including a heated outdoor pool, tennis courts, shuffleboard, a hobby workshop, and a vibrant recreation center offering clubs, fitness classes, social events, and activities that makes it easy to connect with neighbours and stay engaged. Nestled in the heart of Wellington, you'll be just minutes from Wellington Beach, golf courses, award-winning wineries, boutique shopping, cafes, and some of Prince Edward County's finest restaurants. Spend your mornings on the golf course, afternoons exploring wineries or the waterfront, and evenings with friends without the burden of maintaining a larger home! Whether you're downsizing from the family home or simply seeking a more carefree lifestyle, this is your opportunity to enjoy comfort, community, and the very best of County living in one of the area's most sought-after adult communities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$288,000
Land Transfer Taxes$3,875
Legal Fees (Est.)
$
Total cash required for closing$77,375

Total Monthly Obligation

$2,011/mo
Mortgage $1,452
Monthly Loss $1,629
Principal$382
Interest$1,070
Property Tax$184
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.7%58
Cash-on-Cash
8.6%41
5-Year IRR
22.8%96
10-Year IRR
21.1%
Returns Index
66.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
62/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,200/yr
NOI
$24,072/yr
Net Cash Flow
$554/mo
Cash Margin
19.4%71
Cash Flow Index
70.8/ 100
Risk Profile
Weight: 20%
DSCR
1.3863
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo79
Risk Index
53.3/ 100

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

Comparables

Properties near 12 Reynolds Place

Time

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