986 Black Road, Prince Edward County

$699,900
986 Black Road

$699,900

New
50d
Detached2-Storey

986 Black Road, Prince Edward County

Total Monthly Obligation $3,436

Beds
3
Baths
2
Park
6
Sqft
1500-2000
DOM
50d
Yield
4.6%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-X13742590
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-222 × 393 ft
Listed on site-Sep 3, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$2,848.15 (2025)
Parking-7 - Detached
Basement-Unfinished
Heating-Forced Air (Propane)
Brokerage-Century 21 Lanthorn Real Estate Ltd.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Septic
Possession-Immediate
Neighbourhood-Sophiasburg Ward
Title-Residential Freehold

No agent assigned

The Black Forrest short-term accommodation features a 3 bed 2 bath Cape Cod style farmhouse and a detached garage, perfectly set back inside its tree-lined property. These 2 acres give a private feel and have a tree line half way down the lot that creates what feels like a separate lot, and the back having building potential for an additional dwelling unit, workshop, or even just rows upon rows of planting. The inside of the home is laid out with an open-concept feel and is being offered fully furnished for a turn key offering. The seller is also willing to work on a VTB (vendor takeback mortgage) with you. The large eat-in kitchen has everything you will need to host and it will be the setting for so many great memories to come. Steps away is the living-dining combo, perfect for when guests need the comfort of home. Sunny days will have everyone enjoying the raised wrap-around deck overlooking the yard and fire pit. Tons of room for a pool or hot tub. The home also has a great setup for between-guests with a spacious laundry room that has plenty of storage space. Upstairs also features walk-in linen and supply closet; the cleaners will love you. This location is centrally located and less than 10 minutes to Picton and close to the wineries that summer visitors love to spend days exploring. This is a turn-key home and business but bring your creativity and ideas to make this an unforgettable destination for guests and you and your loved ones.

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,436/mo
Mortgage $2,823
Monthly Loss $2,693
Principal$743
Interest$2,080
Property Tax$237
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

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

Comparables

Properties near 986 Black Road

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.