$ 1.425.000

1 James St W, Cobourg

17 Photos

1 James St W, Cobourg, ON K9A2J8 Photo 2

1 James St W, Cobourg, ON K9A2J8 Photo 3

1 James St W, Cobourg, ON K9A2J8 Photo 4

1 James St W, Cobourg, ON K9A2J8 Photo 5

1 James St W, Cobourg, ON K9A2J8 Photo 6

1 James St W, Cobourg, ON K9A2J8 Photo 7

Bedrooms: 1
Bathrooms: 6
Living area: 2500 square feet

MLS®: x8092142
Type: Townhouse
Added: 63 days ago

Property Details

OPPORTUNITIES FOR MULTI UNIT PROPERTIES CLOSE TO THE BEACH IN COBOURG WITH SOLID INCOME ARE RARE. VERY WELL MAINTAINED 6 PLEX IN THE HEART OF COBOURG WITHIN WALKING DISTANCE TO SHOPPING, RESTAURANTS, PARKS, BEACH. FULLY RENTED CURRENTLY SHOWING A GOOD INCOME AND ROOM FOR GROWTH. INDIVIDUALLY METERED FOR HYDRO AND UPDATED/RENOVATED APPARTMENTS WITH CHARACTER AND CHARM. EXCELLENT ZONING WITH MANY PERMITED USES FOR FUTURE PLANS MAKES THIS ONE A GREAT INVESTMENT FOR THE FUTURE. CONTACT THE LOCAL AUTHORITIES DIRECTLY FOR ANY INFORMATION AND DO YOUR DUE DILIGENCE BEFORE MOVING FORWARD. SERIOUS INQUIRIES ONLY PLEASE, THE TENANTS DO NOT NEED TO BE DISTURBED DAILY WITHOUT VALID REASONS. BUYERS SHOULD BE PRE APPROVED FINANCIALLY FOR THIS TYPE OF PURCHASE IN ADVANCE. IF YOU'RE LOOKING TO INVEST IN A MULTI UNIT IN COBOURG AND IN YOUR FUTURE THEN YOU WON'T WANT TO WAIT ON THIS ONE.

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Property Information

Living Area: 2500
Photos Count: 17
Water Source: Municipal water
Business Type: Residential
Structure Type: Multi-Family
Street Dir Suffix: West
Tax Annual Amount: 7610
Building Area Total: 2500
Lot Size Dimensions: Bldg=148 x 33 FT
Extras: SOLID INCOME PROPERTY IN A GREAT LOCATION WITH ROOM FOR GROWTH AS UNITS TURNOVER. VERY HARD TO FIND A WELL MAINTAINED 6 PLEX FOR SALE IN COBOURG SO CLOSE TO LAKE ONTARIO WITH GOOD INCOME. (id:1945)

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Nearby Places

Name	Type	Address	Distance
Cobourg	Cobourg is a town in the Canadian province of Onta...		0.5 km
Cobourg CDCI West	Cobourg District Collegiate Institute West (CDCI) ...		0.5 km
Hatfield Hall (Cobourg)	Hatfield Hall was a private school for girls in Co...		0.6 km
Cobourg railway station	Not to be confused with Coburg railway station in ...		0.7 km
Diocesan Theological Institute	The Diocesan Theological Institute was an Anglican...		0.7 km
CFWN-FM	CFWN-FM is a community radio station broadcasting ...		1.0 km
CFS Cobourg	Canadian Forces Station Cobourg (also CFS Cobourg)...		1.3 km
CFMX-FM	CFMX-FM is a Canadian radio station, which broadca...		1.6 km
Fleming College	For other Fleming Colleges see Fleming College (di...		1.9 km
Baltimore, Ontario	Baltimore, a village located in the southeast port...		6.8 km
Camborne, Ontario	Camborne is a community in Hamilton Township, Nort...		9.3 km
Trinity College School	Trinity College School (TCS) is a coeducational, i...		9.6 km

Similar Townhouses Stat in Cobourg

We have found 3 Townhomes that closely match the specifications of the property located at 1 James St W with distances ranging from 2 to 4 kilometers away. The prices for these similar properties vary between 875,000 and 1,625,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the K9A2J8 postal code area of Cobourg Ontario Canada.

1 James St W mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1 James St W. The current price of the property is $1,425,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,140,000. This would result in a monthly mortgage payment of $6,664 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	15
Bachelor's degree	25
University / Below bachelor level	10
College	40
University degree at bachelor level or above	40

Neighbourhood Marital Status Stat

Married	115
Widowed	70
Divorced	55
Separated	20
Never married	125
Living common law	35
Married or living common law	155
Not married and not living common law	270

Neighbourhood Construction Date

1961 to 1980	35
1981 to 1990	20
1991 to 2000	20
2001 to 2005	10
1960 or before	135

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