119 Farrington Crescent, Prince Edward County

$499,900
119 Farrington Crescent

$499,900

New
22d
Att/Row/TownhouseBungalow

119 Farrington Crescent, Prince Edward County

Total Monthly Obligation $2,391

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
22d
Score
22
Yield
5.1%
Cash on Cash
0.1%
Cap Rate
4.6%
5Y IRR
15.7%
10Y IRR
14.7%
Property Type-Att/Row/Townhouse
MLS® Number-X13847068
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-119 × 96 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Age-New
Parking-3 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Royal Lepage Proalliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Picton Ward
Title-Residential Freehold

No agent assigned

An incredible opportunity to stop renting and own your future! This brand-new freehold townhouse from McDonald Homes is a fantastic entry point for first-time buyers looking for predictability, with no monthly condo fees to worry about. The home features a modern, open-concept design that's perfect for entertaining, highlighted by a kitchen breakfast bar, 2 spacious bedrooms, and 2 full bathrooms (including a private ensuite). It comes ready for today's lifestyle with high-speed internet for remote work and high-efficiency systems to ensure your utility bills stay low. You can easily add value later by finishing the full basement into a rec room or gym. Located just a short walk from downtown shopping, the Millennium Trail, and a winery, and backed by a 7-year TARION warranty, this home offers total peace of mind.

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,391/mo
Mortgage $2,016
Monthly Loss $1,861
Principal$531
Interest$1,486
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.2%44
10-Year IRR
11.5%
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
$25,308/yr
NOI
$18,277/yr
Net Cash Flow
-$493/mo
Cash Margin
-23.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
33.2/ 100

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

Comparables

Properties near 119 Farrington Crescent

Time

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Data last updated within the past 24 hours.