81 Bridge Street, Prince Edward County

$978,250
81 Bridge Street

$978,250

New
7d
DetachedBungalow

81 Bridge Street, Prince Edward County

Total Monthly Obligation $4,321

Beds
2
Baths
3
Park
2
Sqft
1500-2000
DOM
7d
Score
16
Yield
3.1%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-X14085716
Beds-2
Bathrooms-3
Size-1500-2000 sqft
Lot Size-104.57 × 120.62 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Full, Unfinished, Walk-Out
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-Picton Ward
Title-Residential Freehold

No agent assigned

A rare opportunity to build your dream home on the final water-view lot at The Residences at Claramount Club! Overlooking the beautiful inner Picton Harbour, The Lookout is an exclusive 1685 sq ft bungalow offering a rare combination of location, thoughtful design and the opportunity to make it your own. Featuring a full walkout lower level, an expansive 32-foot rear entertaining deck and living spaces designed to capture the surrounding views, this home makes the most of its exceptional setting. Working alongside Port Picton Homes' in-house design team, purchasers have the opportunity to customize their floor plan, finishes and interior details to create a home tailored to their lifestyle. Quality craftsmanship, premium standard features and carefully considered architectural details are found throughout. Beyond your front door, enjoy the exceptional lifestyle offered by Claramount Club, featuring two restaurants, bakery and café, fitness facilities, 64-foot indoor pool, tennis court, boutique hotel and art gallery. Located just minutes from downtown Picton's shops, restaurants and amenities, The Lookout offers an exceptional opportunity to enjoy a personalized new home in one of Picton's most desirable communities. With only one water-view lot remaining, this is your chance to make it yours.

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

Closing Costs

Mortgage Amount
$782,600
Land Transfer Taxes$16,040
Legal Fees (Est.)
$
Total cash required for closing$213,190

Total Monthly Obligation

$4,321/mo
Mortgage $3,946
Monthly Loss $3,283
Principal$1,038
Interest$2,908
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.4%16
10-Year IRR
7.7%
Returns Index
9.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$30,480/yr
NOI
$22,932/yr
Net Cash Flow
-$2,035/mo
Cash Margin
-80.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.4/ 100

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

Comparables

Properties near 81 Bridge Street

Time

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