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Featured
New4 days ago

16 Stanley Street

Bloomfield Ward, Prince Edward County

$649,000

Detached|2-Storey
3 | 2 | 4
About this home

Minutes from the world-renowned beaches of Sandbanks Provincial Park, 16 Stanley is an incredibly attractive entry point into Prince Edward County. Offered fully furnished and turnkey, this established and successful short-term rental comes with a coveted whole-home STA licence. Backing directly onto the Millennium Trail in the heart of Bloomfield, it's walking distance to shops, restaurants, parks and tennis courts, with Picton, Wellington, North Beach and the County's wineries all within easy reach. Generous bedrooms accommodate king-size beds throughout, with a main-floor bedroom and full bath adding flexibility and accessibility. A detached garage offers bonus space ready for your vision-think games room, studio or guest hangout-adding to your own enjoyment or the property's rental potential. Approximately two hours from Toronto, it's an effortless second home or ready-to-go County investment.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,883
Lot Size89.32 ft x 388.68 ft
mls© NumberX13846438
Listed ByCHESTNUT PARK REAL ESTATE LIMITED

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,322
Property tax
$240
Heat allowance
$150
Housing costs
$3,712 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,800
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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