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$565,000

3+2 Beds

2 Baths

1100 - 1500 FEETSQ

QuickQuoteTM: $559K - $680K

Cobourg ON, K9A 5N7

MLS® # X12481883

Property Information:

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. Main 3 bed, lower 2 bed, one bath units in a great neighbourhood of the lakeside community of Cobourg which has forever had low vacancy rates. Act now! (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Raised bungalow
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water meter, Dishwasher, Dryer, Microwave, Two stoves

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+2
  • Bathrooms: 2
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 98.3 Feet
  • Lot Frontage: 55.8 Feet
  • Lot Size: 55.8 x 98.4 FT
  • Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: ROYAL SERVICE REAL ESTATE INC.

REALTOR.ca  

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Location of 661 EWING STREET, Cobourg, Ontario, K9A 5N7

Demographic Information of 661 EWING STREET, Cobourg, Ontario, K9A 5N7

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$110,846.83

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.07 %

High school certificate or equivalent

36.32 %

Apprenticeship trade certificate/diploma

6.92 %

College/non-university certificate

25.33 %

University certificate (below bachelor)

0.57 %

University Degree

16.79 %

Commuter

Travel To Work

By Car

87.9 %

By Public Transit

0.0 %

By Walking

4.77 %

By Bicycle

0.16 %

By Other Methods

7.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.79 %

Houses

98.21 %

Own Vs. Rent