For Sale - 661 Ewing Street, Cobourg, Ontario

Est payment $2,801/mo
Views   1
Time on Jump  51 day
  • Great opportunity for investors with annual gross income of $60,000.
  • Both units have private driveways and entrances for convenience.
  • Lower unit recently renovated, adding value to the property.
  • Perfect for living in one unit while renting the other.
  • Located in a desirable neighbourhood with low vacancy rates.



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!
Listing IDX12481883
Address661 Ewing Street
CityCobourg, Ontario
Price$565,000
Bed / Bath5 / 2 Full
StyleBungalow-Raised, Detached
ConstructionBrick
Land Size5489
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Accessory ApartmentOwnership FreeholdWaterfront NoneBasement ApartmentFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  ROYAL SERVICE REAL ESTATE INC.
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661 Ewing Street
Cobourg , Ontario
5 2 $565,000
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