529-535 Drewery Road Cobourg, Ontario K9A 3P5

16 Bedroom 8 Bathroom 5,000 - 100,000 ft2
Baseboard Heaters

$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:44297)

Property Details

MLS® Number X12302656
Property Type Multi-family
Community Name Cobourg
Equipment Type None
Parking Space Total 10
Rental Equipment Type None

Building

Bathroom Total 8
Bedrooms Above Ground 8
Bedrooms Below Ground 8
Bedrooms Total 16
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Water Meter, Dishwasher, Microwave, Range, Stove, Refrigerator
Exterior Finish Vinyl Siding
Foundation Type Slab
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 5,000 - 100,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 103 Ft
Size Frontage 107 Ft
Size Irregular 107 X 103 Ft
Size Total Text 107 X 103 Ft

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28643234/529-535-drewery-road-cobourg-cobourg

Contact Us

Contact us for more information

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Tony Pulla
Broker

(905) 373-1980
(905) 373-1980
www.pulla.ca/

RE/MAX Rouge River Realty Ltd.
66 King Street East
Cobourg, Ontario K9A 1K9

(905) 372-2552
www.remaxrougeriver.com/

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Notice:

Tony is currently transitioning to a new brokerage. This website is being updated and may not show all properties.

For the most accurate and up-to-date information, please call Tony directly at (905) 377-5657.