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!
Under Contract:
None
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Depth:
103'31.4 m
Frontage:
107'32.6 m
Direction Faces:
West
Bedrooms:
8+8
Bathrooms:
8.0
Water supply:
Municipal
Kitchens:
8
Kitchens in Basement:
4
Bedrooms Above Grade:
8
Bedrooms Below Grade:
8
Kitchens Above Grade:
4
Rooms Above Grade:
20
Rooms Below Grade:
20
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Slab
Roof:
Fibreglass Shingle
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Mutual
Parking Spaces:
1
Total Parking Spaces:
10.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$0 /
2025
Assessment:
$- /
-
Cobourg
Cobourg
Northumberland
ERV/HRV, Floor Drain, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned, Water Meter
Carbon Monoxide Detectors, Smoke Detector
NONE
8 REFRIGERATORS; 8 STOVES; 8 BUILT IN DISHWASHERS; 8 OVER THE RANGE MICROWAVE HOOD; 8 HEAT PUMPS; 8 WALL MOUNTED AIR CONDITIONING UNITS; 8 HOT WATER TANKS; 8 WATER METERS; 8 HYDRO METERS
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