For Sale: 529-535 Drewery Road, Cobourg, ON - REW
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$3,549,000
16 bd • 8 ba • 5000 - 99999 sf • Multifamily
529-535 Drewery Road
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$3,549,000
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529-535 Drewery RoadCobourg, ON, K9A 3P5

  • 16 Bed
  • 8 Bath
  • 5000 - 99999 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Tony Pulla, Broker, RE/MAX ROUGE RIVER REALTY LTD.

Home facts and features

Price details
List Price
$3,549,000
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Home facts
Bedrooms
16
Full Bathrooms
8
Parking Spaces
10
Parking Details
No Garage
Property Type
Multifamily
Depth
103 feet
Frontage
107.0 feet
Exterior Finish
Vinyl siding
Heating Type
Baseboard heaters, Electric
Features
Separate Electricity Meters, Separate Heating Controls, Smoke Detectors
Appliances
Dishwasher, Microwave, Range, Refrigerator, Stove, Water Heater, Water meter
Agent details
Primary Agent
Primary Broker
RE/MAX ROUGE RIVER REALTY LTD.
Listing details
Days on REW
320 Days
Property Views
45
MLS® Number
X12302656
Source
Canadian Real Estate Association
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Property Insights

Merwin Greer School
  • Public
  • JK - 6
Cobourg Collegiate Institute
  • Public
  • 9 - 12
C R Gummow School
  • Public
  • JK - 8
St. Joseph Catholic Elementary School
  • Catholic
  • JK - 8
Northumberland Christian School
  • Private
  • JK - 8
St. Michael Catholic Elementary School
  • Catholic
  • JK - 6
St. Mary Catholic Secondary School
  • Catholic
  • 9 - 12
Burnham School
  • Public
  • JK - 6
Northumberland Montessori School Inc.
  • Private
  • 1 - 8
Notre Dame Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
Tony Pulla
Phone:
(905) 373-1980
Office:
(905) 372-2552
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