1979 County Road 7, Prince Edward County

$898,000
1979 County Road 7

$898,000

New
16d
DetachedBungalow

1979 County Road 7, Prince Edward County

Total Monthly Obligation $4,550

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
16d
Score
26
Yield
6.7%
Cash on Cash
4.6%
Cap Rate
5.6%
5Y IRR
19.3%
10Y IRR
17.6%
Property Type-Detached
MLS® Number-X13873382
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-150.53 × 634.1 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$6,629 (2025)
Parking-5 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Electric)
Brokerage-Chestnut Park Real Estate Limited
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-North Marysburg Ward
Title-Residential Freehold

No agent assigned

Set above Lake Ontario with sweeping views over Adolphus Reach, this exceptional property offers over 2 acres and nearly 170 feet of private shoreline - an idyllic, waterfront setting where panoramic horizons and incredible sunsets define everyday living. Designed in a Swiss-inspired mid-century style, the custom-built bungalow showcases timeless architectural character alongside thoughtful and functional proportions. Inside, the home is distinguished by oversized rooms, cathedral ceilings, soaring sightlines, and an abundance of large windows that flood the home with natural light. Warm wood beams, accents and floors run throughout, creating a cozy, inviting atmosphere, while the spacious and flowing layout centers around a grand stone fireplace, creating a beautiful focal point. The main level features an eat-in kitchen, dining room, and a comfortable living room that flow seamlessly together, making everyday living and entertaining effortless. The main floor is completed by the primary bedroom with a walk-in closet, an office, and a full bathroom. Step outside to the composite decking with glass panels at the rear, where you can savour the water views in privacy, whether for morning coffee or golden-hour evenings. A walk-out lower level extends the living space, with a large family room with propane fireplace, two additional bedrooms, a full bathroom, ample storage, and direct access to a stone patio. An attached garage adds convenience, while the private shoreline of this property is easily accessed via a neighbouring deeded right-of-way and features a concrete dock plus a dedicated spot to launch a boat, offering true waterfront functionality from day one. Centrally positioned for everything Prince Edward County has to offer, you're only 15 minutes from Picton and 10 minutes from the Glenora Ferry - making this lakeside retreat as practical as it is breathtaking.

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

Closing Costs

Mortgage Amount
$718,400
Land Transfer Taxes$14,435
Legal Fees (Est.)
$
Total cash required for closing$195,535

Total Monthly Obligation

$4,550/mo
Mortgage $3,622
Monthly Loss $3,597
Principal$953
Interest$2,669
Property Tax$552
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.3%7
5-Year IRR
15.4%74
10-Year IRR
14.9%
Returns Index
39.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$60,000/yr
NOI
$42,871/yr
Net Cash Flow
-$50/mo
Cash Margin
-1.0%4
Cash Flow Index
3.9/ 100
Risk Profile
Weight: 20%
DSCR
0.9926
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
25.5/ 100

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

Comparables

Properties near 1979 County Road 7

Time

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