$580,000Asking Price
661 Ewing Street, Cobourg, ON K9A 5N7
Cobourg, Cobourg
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. Both 3 bed, one bath units in a great neighbourhood of the lakeside community of Cobourg which has forever had low vacancy rates. Act now!
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. Both 3 bed, one bath units in a great neighbourhood of the lakeside community of Cobourg which has forever had low vacancy rates. Act now!
See MoreKey Info
- Bungalow Detached
- 4-Car Driveway
- No Garage
- Kerr
- 1100-1500 Approximate Sq Feet
- 16-30 Years Approximate Age
- Basement Apartment
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 55.77 x 98.43 Feet
- < .50 Acreage
- Brick Exterior
- No Waterfront Access
- Taxes were $4,407 in 2024
Details
- Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #X12295110
- ROYAL SERVICE REAL ESTATE INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom on Lower | |||
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Who lives here?
Cobourg, Cobourg is an east GTA neighbourhood.
Families
Kids Per Family
0.8
kids per family
in the neighbourhood.
Singles
42%
of residents are
single and loving it.
42% singles
Cobourg (42%)Renters
30%
of residents
are renters.
30% renters
Cobourg (30%)Education
23%
of residents are
university grads.
23% university grads
Cobourg (23%)Income
Average Household Income
$98K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 13% |
| Government | 9% |
| Business | 8% |
| Trades | 7% |
| Management | 5% |
Immigrants
12%
of residents were
born outside of Canada.
12% immigrants
Cobourg (12%)Birthplace - All
5.4% from UK
All-time
Birthplace - Recent
0.1% from India
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| German | 1% |
| Dutch | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 71% |
