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10.23% CAP RATE. EXCEPTIONAL DOWNTOWN INVESTMENT OPPORTUNITY! 5,760 Sq Ft Brick, 14-bedroom 4 Kitchen 4 Bath Boarding/Rooming House configured across 2 substantial semi-detached Historic Residences in a sought-after Lake Ontario heritage downtown. A compelling income property offering investors strong cash flow today PLUS intriguing future potential. Continue the established income-producing use or explore opportunities to revamp and reposition these 2 historic residences. Potential concepts may include a boutique hotel/inn, mixed-use commercial/residential, live/work spaces, private residence townhomes or traditional rental units (subject to zoning, municipal & other required approvals.) The property zoning is MC with Exception & benefits from a legally protected non-conforming status related to its historic use, offering Buyers the option to investigate future possibilities for commercial &/or residential use - or simply continue the existing use. Superb LOCATION!!! Situated in a vibrant historic tourist & destination downtown on the shores of Lake Ontario, close to the Beach, Waterfront, Marina, Parks, Boardwalk, shops, restaurants & amenities. Character details throughout. Orig Banister Staircase, Wood Flooring, High Ceilings, Pocket Doors, Crown Molding, Covered front Porch. Approx. 100 km from Toronto with VIA Rail service in town & Hwy 401 nearby. 2 Furnaces with Gas heat. 2 Gas Hot Water Tanks. Rents are all-inclusive. Income & Expense Statement + Floor Plans available. A rare opportunity combining immediate income, approx. 10.23% cap rate, 5,760 Sq Ft, established legal use & future repositioning potential in an exceptional downtown location 100KM to Toronto and steps to the lakefront. Gross Income: $14,000/M | $168,000/Yr. Expenses: $4,626.33/M | $55,515.96/Yr. Net Income: $9,373.67/M | $112,484.04/Yr. Approx. 10.23% CAP RATE at current list price, based on Seller-provided income & expenses. Phase 1 ESA avail. 2 Semi-Det Homes. 2850 approx. Sqft Each.

9 Beds ⋅ 4 Baths ⋅ X13798450 MLS

10.23% CAP RATE. EXCEPTIONAL DOWNTOWN INVESTMENT OPPORTUNITY! 5,760 Sq Ft Brick, 14-bedroom 4 Kitchen 4 Bath Boarding/Rooming House configured across 2 substantial semi-detached Historic Residences in a sought-after Lake Ontario heritage downtown. A compelling income property offering investors strong cash flow today PLUS intriguing future potential. Continue the established income-producing use or explore opportunities to revamp and reposition these 2 historic residences. Potential concepts may include a boutique hotel/inn, mixed-use commercial/residential, live/work spaces, private residence townhomes or traditional rental units (subject to zoning, municipal & other required approvals.) The property zoning is MC with Exception & benefits from a legally protected non-conforming status related to its historic use, offering Buyers the option to investigate future possibilities for commercial &/or residential use - or simply continue the existing use. Superb LOCATION!!! Situated in a vibrant historic tourist & destination downtown on the shores of Lake Ontario, close to the Beach, Waterfront, Marina, Parks, Boardwalk, shops, restaurants & amenities. Character details throughout. Orig Banister Staircase, Wood Flooring, High Ceilings, Pocket Doors, Crown Molding, Covered front Porch. Approx. 100 km from Toronto with VIA Rail service in town & Hwy 401 nearby. 2 Furnaces with Gas heat. 2 Gas Hot Water Tanks. Rents are all-inclusive. Income & Expense Statement + Floor Plans available. A rare opportunity combining immediate income, approx. 10.23% cap rate, 5,760 Sq Ft, established legal use & future repositioning potential in an exceptional downtown location 100KM to Toronto and steps to the lakefront. Gross Income: $14,000/M | $168,000/Yr. Expenses: $4,626.33/M | $55,515.96/Yr. Net Income: $9,373.67/M | $112,484.04/Yr. Approx. 10.23% CAP RATE at current list price, based on Seller-provided income & expenses. Phase 1 ESA avail. 2 Semi-Det Homes. 2850 approx. Sqft Each.

21 & 23 King Street E, Cobourg

$3,650,000

There are homes designed to impress, and homes designed to hold an entire life. Set across 10 private acres just minutes from Cobourg, Port Hope and Trinity College School, this 6+1 bedroom, 6 bathroom estate offers more than 9,900 sq. ft. of finished living space created for family, entertaining and the years ahead. Expansive yet remarkably functional, the main level centres around generous principal rooms filled with natural light, including an executive kitchen, formal dining room, multiple living spaces, vaulted tongue-and-groove ceilings, built-in cabinetry and a stone-clad wood-burning fireplace. The main-floor primary suite creates a private retreat of its own with walk-through closets, spacious ensuite and private deck. A breezeway connects to a separate two-level, 1-bedroom loft with its own kitchen, bath and balcony-ideal for extended family, guests, independent older children, work or live-in support. Upstairs, four spacious bedrooms, three bathrooms and a second laundry room create a dedicated family level, while the finished walkout lower level adds exceptional space for recreation, fitness, media and more. Outside, the property becomes a private summer destination. A renovated in-ground pool is surrounded by flagstone terraces, built-in BBQ area and mature landscaping, anchored by an extraordinary 1,900 sq. ft. cabana with bar, bathroom, change area, workshop, sound system and wood-burning fireplace. Significant recent improvements to the roof, heating and cooling systems, water systems, appliances, exterior and interior provide confidence for the next owner. Private enough to feel removed from everything, yet connected to the communities and amenities that make everyday life work, 3121 Theatre Road isn't simply more house. It's more room for life.

7 Beds ⋅ 6 Baths ⋅ X13781682 MLS

There are homes designed to impress, and homes designed to hold an entire life. Set across 10 private acres just minutes from Cobourg, Port Hope and Trinity College School, this 6+1 bedroom, 6 bathroom estate offers more than 9,900 sq. ft. of finished living space created for family, entertaining and the years ahead. Expansive yet remarkably functional, the main level centres around generous principal rooms filled with natural light, including an executive kitchen, formal dining room, multiple living spaces, vaulted tongue-and-groove ceilings, built-in cabinetry and a stone-clad wood-burning fireplace. The main-floor primary suite creates a private retreat of its own with walk-through closets, spacious ensuite and private deck. A breezeway connects to a separate two-level, 1-bedroom loft with its own kitchen, bath and balcony-ideal for extended family, guests, independent older children, work or live-in support. Upstairs, four spacious bedrooms, three bathrooms and a second laundry room create a dedicated family level, while the finished walkout lower level adds exceptional space for recreation, fitness, media and more. Outside, the property becomes a private summer destination. A renovated in-ground pool is surrounded by flagstone terraces, built-in BBQ area and mature landscaping, anchored by an extraordinary 1,900 sq. ft. cabana with bar, bathroom, change area, workshop, sound system and wood-burning fireplace. Significant recent improvements to the roof, heating and cooling systems, water systems, appliances, exterior and interior provide confidence for the next owner. Private enough to feel removed from everything, yet connected to the communities and amenities that make everyday life work, 3121 Theatre Road isn't simply more house. It's more room for life.

3121 Theatre Road N, Cobourg

$2,499,900

One of four private residences built by the prominent Burnet Brothers circa 1864 whose chief building legacy was the iconic Victoria Hall in downtown Cobourg. This landmark century home makes a bold statement from the street with its pillared circular drive entry with iron gates & classic crisp white exterior with bold black accents. A gorgeous arched front entry with curved transom window welcomes you to the foyer that leads to the grand centre hall with soaring ceilings, crown moulding & rich hardwood floors. The front formal living & dining rooms are perfectly scaled for entertaining large groups & feature original fireplaces & large windows that fill the spaces with warm natural light. A beautiful & well-appointed chef's kitchen is the heart of the home with its large centre island Wolf Range & Sub-zero Fridge/Freezer, stand alone wine cooler & designated pantry room. The open breakfast area overlooks the fully fenced rear yard with inground pool, cabana, patios, sports court & sweeping lawns & mature gardens. Large main floor office, separate gym room & a sunken hexagon shaped conservatory/great room with soaring waffled cathedral ceiling, fireplace, floor to ceiling windows & double garden door walkout to rear yard. One of two staircases up to the dream primary suite with dressing room, walk-in closet & 5pc ensuite bath with large glass shower & water closet. Three further well sized second floor bedrooms one with full ensuite while the north bedrooms share a lux Jack & Jill bath with walk through shower. Fully finished lower level with massive recreation area, large bedroom with above grade windows, wine room & laundry. The lower is very well suited for Nanny's quarters or extended family. This stately residence is filled with unique architectural features & is perfectly suited for the active family who loves to entertain. Located on one of the most sought-after streets in Cobourg a stone's throw to Lake Ontario, Beach & downtown amenities. See VTour.

6 Beds ⋅ 6 Baths ⋅ X13619912 MLS

One of four private residences built by the prominent Burnet Brothers circa 1864 whose chief building legacy was the iconic Victoria Hall in downtown Cobourg. This landmark century home makes a bold statement from the street with its pillared circular drive entry with iron gates & classic crisp white exterior with bold black accents. A gorgeous arched front entry with curved transom window welcomes you to the foyer that leads to the grand centre hall with soaring ceilings, crown moulding & rich hardwood floors. The front formal living & dining rooms are perfectly scaled for entertaining large groups & feature original fireplaces & large windows that fill the spaces with warm natural light. A beautiful & well-appointed chef's kitchen is the heart of the home with its large centre island Wolf Range & Sub-zero Fridge/Freezer, stand alone wine cooler & designated pantry room. The open breakfast area overlooks the fully fenced rear yard with inground pool, cabana, patios, sports court & sweeping lawns & mature gardens. Large main floor office, separate gym room & a sunken hexagon shaped conservatory/great room with soaring waffled cathedral ceiling, fireplace, floor to ceiling windows & double garden door walkout to rear yard. One of two staircases up to the dream primary suite with dressing room, walk-in closet & 5pc ensuite bath with large glass shower & water closet. Three further well sized second floor bedrooms one with full ensuite while the north bedrooms share a lux Jack & Jill bath with walk through shower. Fully finished lower level with massive recreation area, large bedroom with above grade windows, wine room & laundry. The lower is very well suited for Nanny's quarters or extended family. This stately residence is filled with unique architectural features & is perfectly suited for the active family who loves to entertain. Located on one of the most sought-after streets in Cobourg a stone's throw to Lake Ontario, Beach & downtown amenities. See VTour.

163 Ontario Street, Cobourg

$1,495,000

Welcome to Grantwood Estates, an exceptional 10-acre country property offering privacy, space, and refined living in a picturesque setting. This impressive home features over 3,000 square feet on the main level, and approx. 2000 sq ft of finished basement space. The primary suite is a private retreat with two walk-in closets and a luxurious 6-piece ensuite, while the main floor also includes a dedicated office, den or exercise room, inviting family room, formal dining room, and an expansive living room with a striking double-sided fireplace shared with the dining area. The generous eat-in kitchen is ideal for gathering with family and friends. A full-length, south-facing balcony with sleek glass railings extends across the front of the home and is accessible from four separate locations, providing seamless indoor-outdoor living. Completing the main level is a generous laundry room with convenient exterior access and 2 pc bath. Two built-in double garages with direct access to the lower level is convenience on a new level. Perfectly suited for family or guests, the basement features three spacious bedrooms, including one with a private ensuite, while the remaining two share a well-appointed bathroom. An impressive foyer with a beautiful wood-burning fireplace creates a warm welcome, complemented by a kitchenette/bar area that makes the space ideal for entertaining or multi-generational living. A self-contained one-bedroom apartment with private entrance, full kitchen, living/dining area, four-piece bathroom with laundry hookups, makes it perfect for extended family, guests, or rental income. A separate detached two-car garage provides additional storage or workshop space, while numerous recent updates throughout the property (see attached feature list) enhance both style and efficiency. Combining luxury, versatility, and the serenity of country living, Grantwood Estates is a rare opportunity to own an extraordinary estate just waiting to welcome its next family.

6 Beds ⋅ 6 Baths ⋅ X13498546 MLS

Welcome to Grantwood Estates, an exceptional 10-acre country property offering privacy, space, and refined living in a picturesque setting. This impressive home features over 3,000 square feet on the main level, and approx. 2000 sq ft of finished basement space. The primary suite is a private retreat with two walk-in closets and a luxurious 6-piece ensuite, while the main floor also includes a dedicated office, den or exercise room, inviting family room, formal dining room, and an expansive living room with a striking double-sided fireplace shared with the dining area. The generous eat-in kitchen is ideal for gathering with family and friends. A full-length, south-facing balcony with sleek glass railings extends across the front of the home and is accessible from four separate locations, providing seamless indoor-outdoor living. Completing the main level is a generous laundry room with convenient exterior access and 2 pc bath. Two built-in double garages with direct access to the lower level is convenience on a new level. Perfectly suited for family or guests, the basement features three spacious bedrooms, including one with a private ensuite, while the remaining two share a well-appointed bathroom. An impressive foyer with a beautiful wood-burning fireplace creates a warm welcome, complemented by a kitchenette/bar area that makes the space ideal for entertaining or multi-generational living. A self-contained one-bedroom apartment with private entrance, full kitchen, living/dining area, four-piece bathroom with laundry hookups, makes it perfect for extended family, guests, or rental income. A separate detached two-car garage provides additional storage or workshop space, while numerous recent updates throughout the property (see attached feature list) enhance both style and efficiency. Combining luxury, versatility, and the serenity of country living, Grantwood Estates is a rare opportunity to own an extraordinary estate just waiting to welcome its next family.

9780 County 2 Road, Cobourg

$985,000

Discover the perfect addition to your portfolio with this beautifully maintained triplex, ideally located just a short stroll from Cobourg's renowned beach, vibrant downtown, picturesque parks, and popular restaurants.This property features three charming two-bedroom apartments, each designed for comfort and character, with original hardwood flooring adding timeless appeal. Fully tenanted, this is a true turnkey investment offering immediate and consistent rental income. Recent updates provide added peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, the property also presents exciting potential for future growth and development.The main-floor apartment currently rents for $2,000 per month, the lower unit rents for $1,150 per month, and the upper unit rents for $1,900 per month. Don't miss your chance to secure a prime Cobourg investment that combines strong income, long-term potential, and an unbeatable location.

6 Beds ⋅ 3 Baths ⋅ X12479081 MLS

Discover the perfect addition to your portfolio with this beautifully maintained triplex, ideally located just a short stroll from Cobourg's renowned beach, vibrant downtown, picturesque parks, and popular restaurants.This property features three charming two-bedroom apartments, each designed for comfort and character, with original hardwood flooring adding timeless appeal. Fully tenanted, this is a true turnkey investment offering immediate and consistent rental income. Recent updates provide added peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, the property also presents exciting potential for future growth and development.The main-floor apartment currently rents for $2,000 per month, the lower unit rents for $1,150 per month, and the upper unit rents for $1,900 per month. Don't miss your chance to secure a prime Cobourg investment that combines strong income, long-term potential, and an unbeatable location.

234 King Street E, Cobourg

$3,549,000

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! NOTE: SOME PICTURES ARE VIRTUALLY STAGED PHOTOGRAPHIC RENDERINGS.

16 Beds ⋅ 8 Baths ⋅ X12302656 MLS

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! NOTE: SOME PICTURES ARE VIRTUALLY STAGED PHOTOGRAPHIC RENDERINGS.

529-535 Drewery Road, Cobourg

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