529-535 DREWERY ROAD, Cobourg, Ontario, K9A3P5

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For sale, ID#: X12302656
529-535 DREWERY ROAD
Cobourg Ontario
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8 + 8 Beds
8 Bath
$3,700,000

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:2471)

Representative
Calum Yule
Calum YuleSales Representative
BALL Real Estate Inc., Brokerage - Peterborough
Property Details
  • Property Address: 529-535 DREWERY ROAD, Cobourg, Ontario, K9A3P5
  • Community Name: Cobourg
  • Property Type: Multi-family
  • Lot Size: 107 x 103 FT
  • Acreage: 107 x 103 FT
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
  • Driveway: No Garage
  • Total Parking Spaces: 10
  • Maintenance Fee: 0.00
Structure Details
  • Structure Style: Other
  • Storeys: 2
  • Floor Space: 5000 - 100000 sqft
  • Bedrooms: 8 + 8
  • Bathrooms: 8-Total
  • Heating Type: Electric, Baseboard heaters
  • Exterior Type: Vinyl siding
  • Foundation Type: Slab
  • Appliances Included: Water Heater, Water meter, Dishwasher, Microwave, Range, Stove, Refrigerator
Neighbourhood Information

Listing Office: RE/MAX ROUGE RIVER REALTY LTD.

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529-535 DREWERY ROAD, Cobourg, Ontario, K9A3P5

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