$649,000

For sale

16 Stanley Street, Prince Edward County (Bloomfield Ward) - Single Family for Sale

16 Stanley Street, Prince Edward County (Bloomfield Ward), Ontario, K0K1G0

3 beds2 baths4 parking1,300 ft²89 × 389 ft (34,711 sq ft) lot sizeListed 35 days ago

Overview

This 3-bedroom, 2-bathroom home in Prince Edward County is for sale offering roughly 1,300 sq ft of space. Its $649,000 asking price sits right in line with the $675,000 median in Prince Edward County. It has been on the market 35 days, fresher than the Prince Edward County average of 69 days.

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Description

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. (id:66096)

Property Details

MLS®: X13846438
Property Type: Single Family
Zoning: HR
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 89 × 389 ft (34,711 sq ft)
Frontage: 89 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Wall unit
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $2,883.4/yr

Rooms

Main level

Bedroom: 4.24 x 3.33 meters
Living room: 3.58 x 4.8 meters
Kitchen: 2.74 x 3.78 meters
Dining room: 2.31 x 4.78 meters
Bathroom: 1.5 x 4.32 meters
Laundry room: 1.75 x 1.98 meters

Second level

Primary Bedroom: 3.15 x 4.78 meters
Bathroom: 3.2 x 2.84 meters
Bedroom 3: 4.22 x 3.4 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave, Furniture, Window Coverings, Water Heater
Foundation: Stone
Exterior: Vinyl siding
Lot Features: Wooded area, Carpet Free, Sump Pump

Services

Water: Municipal water
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Prince Edward County (Bloomfield Ward) listings, avg age

69d

Price / ft²

$499

List price

$649K

Homes here sell slower than most markets

Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Prince Edward County (Bloomfield Ward) has been listed for 35 days, which is 34 days fresher than the city average of 69. Act while there is still low competition.

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Listed by CHESTNUT PARK REAL ESTATE LIMITED · SUSAN TAVANA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $649,000, about 7.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 53% above the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$649,000· $499/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$240/mo

Total monthly$3,617

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$9,455

Est. closing costs$4,447

Total cash needed$53,802

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