Brick Craftsman with Income Suite Near Downtown Cobourg

Property details for 96 James Street W, Cobourg

Type: Residential
Bedrooms: 5
Bathrooms: 3
Lot Size: 58 x 96 FT
Stories: 2
Basement: Finished, Walk out, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: None
Exterior: Brick
Ownership: Freehold
Annual Taxes: $5,523 (2025)

This solid brick American Foursquare is on a 58x96 ft lot in the Heritage District, and the standout feature is the custom Kingsmill kitchen with Fisher & Paykel appliances. Main floor has hardwood, original trim, leaded glass, plus a family room and 2-piece powder room. Upstairs, four bedrooms share a bath. The finished basement has its own entrance, one bedroom, and a kitchen. Perfect for rental income or in-laws. There's also an unfinished attic with its own staircase. Wait for it. It's a blank canvas for a studio or extra living space. Five parking spots total, including a detached garage. House needs no cooling, forced air gas heat. Taxes run $5,523 annually. You're a short walk from downtown Cobourg's shops and restaurants. Victoria Beach and the marina are minutes away. Trinity College School is a 15-minute drive. Slight caveat. The property has been listed for a while, but the location and income potential make it worth a look. Currently asking $949,000, which is above the $899,900 median for nearby listings, but with 5 beds, 3 baths and 2 kitchens, you're getting serious square footage and versatility.

About 96 James Street W, Cobourg — Property Score

Strong Investment

Score: 65/100

Value

Priced 6.6% above area median of $889,990 based on 39 comparable properties nearby 60

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

3 bathrooms - typical for similarly priced properties 60

5,568 sqft lot - a standard lot for the area 65

Location

$29K median household income - below the Canadian average of $70K 45

83% of residents hold postsecondary credentials - a highly educated neighbourhood 90

21% homeownership rate - a renter-majority neighbourhood 44

73% of residents commute under 30 minutes - excellent commuter accessibility 89

3,279/km² population density - a well-balanced suburban area 97

Market

Just listed - area average is 56 days on market 100

-15.1% median price change over 1 month - declining prices in the area 1

17 months of housing supply - 85 active listings with 5 sold last month (buyer's market) 40

Features

5-car garage - more than the area average of 4.5 spots 95

Finished, Walk out, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

None 30

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.58% effective tax rate ($5,523/yr) - very low tax burden 83

80% renter population - strong rental demand in this area 100

Quality

Condition

Listing

50 photos provided - 35% more than the area average of 37 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.