55 French Street, Prince Edward County

$771,030
55 French Street

$771,030

New
16d
Detached2-Storey

55 French Street, Prince Edward County

Total Monthly Obligation $3,485

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
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-X13882526
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-10.53 × 40.81 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-West
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

Discover the Warbler in West Meadows Trailside, the newest phase of West Meadows by Port Picton Homes. With select homesites backing directly onto the Millennium Trail, Trailside combines the convenience of living close to Picton with easy access to one of the County's best-loved trails. The Warbler offers 1,924 sq ft of well-planned living space with 4 bedrooms, 2.5 bathrooms, a main-floor office and attached garage. The kitchen features a centre island and opens into the spacious great room, creating a comfortable hub for everyday living. A separate office, powder room and main-floor laundry add functionality to the first floor. Upstairs, you'll find all four bedrooms, including a primary suite with walk-in closet and private ensuite, plus a second full bathroom and an additional walk-in closet in one of the secondary bedrooms. With four bedrooms plus a dedicated office, the Warbler offers the flexibility and space that busy households are looking for. Enjoy a new home in West Meadows Trailside, with the Millennium Trail close at hand and the shops, restaurants and amenities of Picton's Main Street just minutes away. [Ask for other floorplans available on this lot.]

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

Closing Costs

Mortgage Amount
$616,824
Land Transfer Taxes$11,896
Legal Fees (Est.)
$
Total cash required for closing$167,602

Total Monthly Obligation

$3,485/mo
Mortgage $3,110
Monthly Loss $2,667
Principal$818
Interest$2,292
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
9.6%
Returns Index
15.4/ 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
-$1,160/mo
Cash Margin
-44.9%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
23.7/ 100

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

Comparables

Properties near 55 French Street

Time

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