240 University Avenue

A rare chance for a sweet home and an affordable lifestyle. 30.75 x 212.03 lot. Private Fenced Back Yard would make a nice little outdoor oasis patio area, tucked away from it all. Plenty of Parking. Quaint, central Cobourg, Semi-Detached 2 Bedroom 1 Bath Bungalow tucked away well back from the road with privacy trees surrounding, yet close walking distance to all amenities. Originally built in 1856 and nicely updated over time. A 231 Sq Ft professionally-renovated back addition was built in 2014. Newer Roof/Shingles installed 2023 (See MPAC closed building permits under attachments) Updated: Windows, Doors, Flooring, Kitchen Cabinets, Roof, Siding, Soffits, Fascia. Zoned R3. Home sits well back from street & sidewalk. Located in a Central Cobourg residential neighbourhood, just a short walk to Downtown, Farmer's Market, Beach, Marina, Big Box Stores, Mall, Schools. Close to the VIA Station, 401, Hospital. 100 km to Toronto. This is your opportunity to own property! Yours to live in with low upkeep or as a turnkey income property with great Month-To-Month Tenants in place! Tenants pay $1800/month plus their own heat/utilities/snow removal. The new Buyer may choose to keep the Tenants or provide 60 days notice if they intend to occupy for their own use. Enjoy an easy-sized living space as alternative to renting. Note: Driveway is owned all the way to sidewalk in front. The centre line "pin" between this property and the adjacent semi-detached is visible at the sidewalk as you enter off University Avenue showing the dividing line. You can reinstall the existing fence panels that are onsite. Do not miss the opportunity!