47 French Street, Prince Edward County

$926,828
47 French Street

$926,828

New
16d
Detached2-Storey

47 French Street, Prince Edward County

Total Monthly Obligation $4,114

Beds
3
Baths
3
Park
2
Sqft
2500-3000
DOM
16d
Score
17
Yield
3.4%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13882926
Beds-3
Bathrooms-3
Size-2500-3000 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-North
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 Mallard in West Meadows Trailside, the newest phase of West Meadows by Port Picton Homes. With most homesites backing directly onto the Millennium Trail, Trailside offers a beautiful setting for a new home while keeping you just minutes from Picton's Main Street. Offering an impressive 2,773 sq ft, the Mallard features 3 bedrooms, 2.5 bathrooms, a main-floor office and attached garage. The main level offers plenty of room to entertain, with a spacious kitchen featuring a large island and walk-in pantry, a separate dining area with vaulted ceiling and a generous living room. A private office, powder room and convenient mudroom complete the main floor. Upstairs, the oversized primary bedroom features a walk-in closet and private ensuite, while two additional bedrooms share a full bathroom. As one of the most spacious designs available in West Meadows Trailside, the Mallard is ideal for those looking for generous living spaces, a dedicated home office and room to grow - all with the Millennium Trail and the best of Picton close to home. [Ask for other floorplans available on this lot.]

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

Closing Costs

Mortgage Amount
$741,462
Land Transfer Taxes$15,012
Legal Fees (Est.)
$
Total cash required for closing$201,878

Total Monthly Obligation

$4,114/mo
Mortgage $3,739
Monthly Loss $3,130
Principal$984
Interest$2,755
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
11.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$31,596/yr
NOI
$23,936/yr
Net Cash Flow
-$1,744/mo
Cash Margin
-66.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo37
Risk Index
20.3/ 100

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

Comparables

Properties near 47 French Street

Time

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