487 Morrison Point Road, Prince Edward County

$899,000
487 Morrison Point Road

$899,000

New
2d
DetachedBungalow

487 Morrison Point Road, Prince Edward County

Total Monthly Obligation $4,291

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
2000-2500
DOM
2d
Yield
6.7%
Cash on Cash
6.2%
Cap Rate
5.9%
5Y IRR
20.6%
10Y IRR
18.7%
Property Type-Detached
MLS® Number-X14105208
Beds-3
Bathrooms-2
Size-2000-2500 sqft
Lot Size-250.2 × 339.7 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,478 (2025)
Parking-5 - Built-In
Basement-Crawl Space, Half, Separate Entrance, Partial Basement
Heating-Baseboard (Electric)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-North
Exterior-Aluminum Siding, Board & Batten
Roof-Metal
Foundation-Block
Sewer-Septic
Possession-tbd
Neighbourhood-South Marysburg Ward
Title-Residential Freehold

No agent assigned

Nestled within a lush, wooded setting in the charming hamlet of Milford, this inviting three-bedroom, two-bathroom home offers a rare blend of privacy, natural beauty, and convenience, set on nearly two acres of picturesque land. Inside, a newly renovated kitchen brings a fresh, modern touch, complemented by spacious living and dining areas and a sunroom that offers a tranquil vantage point among the trees. A garage adds everyday practicality, while the expansive grounds provide endless opportunities to enjoy the outdoors in every season. Despite its peaceful, tucked-away setting, the property is just minutes from Picton's shops, restaurants, services, and amenities. Discover all that Prince Edward County has to offer, from the celebrated sandy shores of Sandbanks Provincial Park and renowned wineries and restaurants to art galleries, golf courses, farmers' markets, and distinctive boutique shopping. Located approximately 2.5 hours from Toronto, Prince Edward County offers an exceptional lifestyle where natural beauty, culinary experiences, and small-town charm come together. A wonderful opportunity toembrace the quieter pace of County living, with everything you need close at hand.

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Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,291/mo
Mortgage $3,626
Monthly Loss $3,337
Principal$954
Interest$2,672
Property Tax$290
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 487 Morrison Point Road

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