15 Coleman Drive, Quinte West

$670,000
15 Coleman Drive

$670,000

New
4d
DetachedBungalow

15 Coleman Drive, Quinte West

Total Monthly Obligation $3,399

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
4d
Score
20
Yield
5.0%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X14093316
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-43.92 × 131.64 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,858.8 (2026)
Parking-8 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Homelife Superior Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding, Hardboard
Roof-Asphalt Shingle
Foundation-Poured Concrete, Block
Sewer-Sewer
Possession-Flexible/TBA
Neighbourhood-Trenton Ward
Title-Residential Freehold

No agent assigned

Welcome home to country living in Quinte West! This fully RENOVATED 3+1 bedroom bungalow sits on a quiet cul-de-sac with a very large lot. Updates includes the kitchen, flooring, bathrooms, & a spacious finished basement with a fourth bedroom & large rec room. Updated windows throughout offer great views of the beautiful property. Patio doors open to a large upgraded composite deck with railing, perfect for entertaining under the two gazebos. A standout feature is the large detached garage (2 bonus rooms) with hydro, woodstove, side entrance, & windows, ideal for hobbies or a separate leisure space. Just 5 minutes to the 401 & close to shopping, this home is in a perfect spot for busy family life. Only 5 minutes from the CFB Trenton, the YMCA, marina, golf, & stunning Prince Edward County, it's a great home in a great neighbourhood with plenty of space for whatever comes next.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$536,000
Land Transfer Taxes$9,875
Legal Fees (Est.)
$
Total cash required for closing$145,375

Total Monthly Obligation

$3,399/mo
Mortgage $2,703
Monthly Loss $2,688
Principal$711
Interest$1,991
Property Tax$322
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%34
10-Year IRR
10.5%
Returns Index
18.3/ 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
$33,600/yr
NOI
$21,881/yr
Net Cash Flow
-$879/mo
Cash Margin
-31.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.6/ 100

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

Comparables

Properties near 15 Coleman Drive

Time

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