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Multi-family For Sale $3,549,000 529-535 DREWERY ROAD, Cobourg, Ontario

MLS#: X12302656

RE/MAX Rouge River Realty Ltd.
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Summary
Status
Active

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Address
529-535 DREWERY ROAD, Cobourg, Ontario
Size
Listing Type
For Sale
Property Type
Multi-family
Commercial Type
Other

Photos

26

Description

RECENTLY COMPLETED AND FULLY LEASED, THIS ATTRACTIVE (8) EIGHT PLEX IS A RARE REALTY PRODUCT, A HIGHLY SOUGHT AFTER COMMODITY AND THE PERFECT ADDITION TO YOUR REAL ESTATE PORTFOLIO. SITED IN EAST VILLAGE, ONE OF COBOURGS MOST DESIRABLE NEW RESIDENTIAL NEIGHBOURHOODS, 529-535 DREWERY ROAD WAS BUILT IN 2025 BY STALWOOD HOMES, A RENOWNED LOCAL DEVELOPER AND BUILDER. THE OFFERING FEATURES (8) SMARTLY DESIGNED OPEN CONCEPT APARTMENT UNITS; (4) ON LEVEL 1 AND (4) ON LEVEL 2; EACH OF THE (8) UNITS INCORPORATES (2) SPACIOUS BEDROOMS, A WELL APPOINTED KITCHEN WITH A COMPLEMENT OF STAINLESS STEEL APPLIANCES, BRIGHT LIVING AND DINING AREAS, A FULL BATH AND ENSUITE LAUNDRY FACILITY TOGETHER WITH A WASHER AND DRYER (CHECK THE FLOOR PLAN ON-LINE TO GET A SENSE OF THE VERSATILITY OF THE UNITS LAYOUT). ALSO, UPON INSPECTION THE WISE BUYER/INVESTOR WILL COME TO REALIZE THAT THE VALUE AND DESIRABILITY OF THE BUILDING IS ENHANCED BY THE FACT THAT EACH APARTMENT COMES WITH ONE (1) DEDICATED PARKING SPOT AND IS EQUIPPED WITH ITS OWN: HEAT PUMP, AIR CONDITIONING UNIT, A HOT WATER TANK, A WATER METER AND A HYDRO METER. IF YOU'RE SEARCHING FOR A SPECIAL PROPERTY TO INVEST IN, THIS ONE HAS ALL IT TAKES, INCLUDING LOCATION. 529-535 DREWERY ROAD IS PERFECTLY POSITIONED A SHORT DRIVE EAST OF COBOURG'S HISTORIC AND DYNAMIC DOWNTOWN, ENABLING THE BUILDING'S RESIDENTS TO TAKE ADVANTAGE OF ALL THE AMENITIES OFFERED BY THE WONDERFUL TOWN OF COBOURG. THUS, ENHANCING THE TENANTS' ENJOYMENT OF THE RENTAL ACCOMODATION AND CONSEQUENTLY, TENANCY RETENTION. IN SHORT, HAPPY TENANTS, HAPPY LANDLORD! NOTE: SOME PICTURES ARE VIRTUALLY STAGED PHOTOGRAPHIC RENDERINGS. (id:23770)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City Cobourg
Province Ontario
PostalCode K9A3P5
Country Canada
Location Description Cross Streets: HAYWARD ST. ** Directions: SEE MAP.
Community Name Cobourg
Street Address 529-535 DREWERY ROAD
Property TypeMulti-family
Transaction TypeFor Sale
MLS #X12302656
Size Frontage107 ft
AcreageNo
SewerSanitary sewer
Size Depth103 ft
Size Irregular107 x 103 FT
Property TypeMulti-family
Stories Total 2
Size Interior 5000 - 100000 sqft
Type Other
Utility Water Municipal water
Equipment Type None
Parking Space Total 10
Bathroom Total 8
Bedrooms Above Ground 8
Bedrooms Below Ground 8
Bedrooms Total 16
Amenities Separate Heating Controls, Separate Electricity Meters
Rental Equipment Type None
Appliances Water Heater, Water meter, Dishwasher, Microwave, Range, Stove, Refrigerator
Basement Type None
Exterior Finish Vinyl siding
Fire Protection Smoke Detectors
Fireplace Present False
Foundation Type Slab
Heating Fuel Electric
Heating Type Baseboard heaters
Price 3549000.00
Listing Contract Date 2025-07-21
Lease 0.00
%

Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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