49 French Street, Prince Edward County

$769,828
49 French Street

$769,828

New
16d
Detached2-Storey

49 French Street, Prince Edward County

Total Monthly Obligation $3,480

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
16d
Score
19
Yield
4.0%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X13882110
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-18.42 × 40.88 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Re/Max Quinte Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-6mo from offer
Neighbourhood-Hallowell Ward
Title-Residential Freehold

No agent assigned

Welcome to West Meadows Trailside, the newest phase of West Meadows by Port Picton Homes. With select homesites backing directly onto the Millennium Trail, Trailside offers a great connection to the outdoors while keeping you close to everything Picton has to offer. The Heron is a 1,785 sq ft two-storey home featuring 3 bedrooms, 2.5 bathrooms, a main-floor office and attached garage. The bright kitchen includes a centre island and pantry and opens to the spacious great room at the rear of the home. A dedicated office at the front provides a separate space to work from home, while main-floor laundry and a powder room add everyday convenience. Upstairs, the primary bedroom features a walk-in closet and private ensuite, accompanied by two additional bedrooms, a full bathroom and a walk-in linen closet. With its smart use of space and separation between living and sleeping areas, the Heron is a versatile option for families, guests or those who work from home. Enjoy the Millennium Trail just outside your neighbourhood, Picton's Main Street only minutes away and all the benefits of building a new home in West Meadows Trailside. [Ask for other floorplans available on this lot.]

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$615,862
Land Transfer Taxes$11,872
Legal Fees (Est.)
$
Total cash required for closing$167,338

Total Monthly Obligation

$3,480/mo
Mortgage $3,105
Monthly Loss $2,663
Principal$817
Interest$2,288
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
8.9%28
10-Year IRR
9.7%
Returns Index
15.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,996/yr
NOI
$23,396/yr
Net Cash Flow
-$1,156/mo
Cash Margin
-44.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
23.8/ 100

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

Comparables

Properties near 49 French Street

Time

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Data last updated within the past 24 hours.