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Royal LePage
Royal LePage
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$3,590,000

Cobourg ON, K9A 3P5

MLS® # X12302656

Property Information:

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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Type: None
  • Exterior Finish: Vinyl siding
  • Fire Protection: Smoke Detectors
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type:
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Water meter, Dishwasher, Microwave, Range, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+8
  • Bathrooms: 8
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 103.0 Feet
  • Lot Frontage: 107.0 Feet
  • Lot Size: 107 x 103 FT
  • Utility Type: Hydro - Installed, Sewer - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 10

Courtesy of: RE/MAX ROUGE RIVER REALTY LTD.

REALTOR.ca  

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Location of 529-535 DREWERY ROAD, Cobourg, Ontario, K9A 3P5

Demographic Information of 529-535 DREWERY ROAD, Cobourg, Ontario, K9A 3P5

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$139,000.00

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.11 %

High school certificate or equivalent

25.93 %

Apprenticeship trade certificate/diploma

4.44 %

College/non-university certificate

34.07 %

University certificate (below bachelor)

2.22 %

University Degree

22.22 %

Commuter

Travel To Work

By Car

95.83 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

4.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.94 %

Houses

93.06 %

Own Vs. Rent

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