Size
-
Lot size
5489 sqft
Street frontage
-
Possession
2025-08-18
Price per sqft
$387 - $527
Taxes
$4,407 (2024)
Parking Type
-
Style
Bungalow
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Description
OPPORTUNITY, OPPORTUNITY, yes, all caps. Motivated Seller. Huge price reduction. Must Sell. $60,000.00 Annual Gross Income. CAP rate is 8.2 %. Both units have their own private driveway and private entrance. Live in one and rent the other or add this income generator to your portfolio. Lower unit recently renovated and legal extra driveway added. Turnkey investment not to be missed. All the "market turmoil" makes this a safe bet for your future. If you've ever dreamed of "passive income", now is your chance. Both 3 bed, one bath units in a great neighbourhood of the lakeside community of Cobourg which has forever had low vacancy rates. Act now!
Broker: ROYAL SERVICE REAL ESTATE INC.
MLS®#: X12295110
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
1100-1500 sqft
Lot front:
55 Ft
Lot depth:
98 Ft
Listed on:
Jul 18, 2025
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Instant estimate:
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$18,745
higher than listed pricei
High
$627,733
Mid
$598,745
Low
$568,261
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1/38
$549,000
68 days
3BD
1BA
3 Parking
1,100-1,500 sqft
MLS#: X12246623
ROYAL LEPAGE PROALLIANCE REALTY