5 Cretney Drive, Prince Edward County

$389,900
5 Cretney Drive

$389,900

New
9d
DetachedBungalow

5 Cretney Drive, Prince Edward County

Total Monthly Obligation $2,147

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
9d
Score
20
Yield
4.9%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-X14031460
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 100 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$2,395.95 (2025)
Parking-3 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Community
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wellington Ward
Title-Residential Freehold

No agent assigned

Discover the ease of main-floor living at 5 Cretney Drive, an immaculate bungalow situated in Wellington's most welcoming 55+ adult lifestyle community. This thoughtfully designed home features two spacious bedrooms, two bathrooms, and a single-car garage, offering the perfect footprint for downsizing. Crafted with intelligent accessibility features, including wider corridors, spacious doorways, and lowered countertops, it ensures comfort for years to come. Embrace a worry-free, leased-land lifestyle where monthly fees take care of road maintenance and grant you access to a premier recreation center, pool, and a lively social network. Positioned just moments from Prince Edward County's renowned wineries, beaches, and fine dining, and under two hours from the GTA, this home is where your next chapter beautifully begins.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,147/mo
Mortgage $1,573
Monthly Loss $1,734
Principal$414
Interest$1,159
Property Tax$200
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.7%22
10-Year IRR
8.9%
Returns Index
12.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$19,200/yr
NOI
$10,384/yr
Net Cash Flow
-$707/mo
Cash Margin
-44.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
33.6/ 100

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

Comparables

Properties near 5 Cretney Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.