6 beds · 6 baths · null
AMAZING OPPORTUNITY TO LIVE AND COLLECT INCOME OR JUST COLLECT ALL THE INCOME! 15 AND 17 JAMES ST WEST IS A MULTI UNIT PROPERTY CLOSE TO THE BEACH IN THE HEART OF COBOURG WITHIN WALKING DISTANCE TO SHOPPING, RESTAURANTS, PARKS, BEACH. CURRENTLY ONE UNIT IS VACANT AND ONE MORE POSSIBLY TO BE VACANT SOON. SO MUCH ROOM FOR IMPROVEMENT AND FOR GROWTH. EXCELLENT ZONING WITH MANY PERMITED USES FOR FUTURE PLANS MAKES THIS ONE A GREAT INVESTMENT PROPERTY TODAY. CONTACT THE LOCAL AUTHORITIES DIRECTLY FOR ANY INFORMATION AND DO YOUR DUE DILIGENCE BEFORE MOVING FORWARD. 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 WILL WANT TO SEE THIS ONE. **** EXTRAS **** POTENTIAL EXISTS HERE FOR THE RIGHT BUYER TO MAYBE LIVE IN ONE SIDE AND RENT THE OTHER SIDE FOR INCOME. MAYBE YOU JUST WANT TO UPDATE THE VACANT UNITS TO INCREASE THE RETURN ON THIS UP AND COMING NEIGHBORHOOD AND PROPERTY. (id:39198)
Building Type House, Detached
Year built
Square Footage
Stories 2
Bedrooms 6
Bathrooms 6
Parking 10
NeighbourhoodCobourg
Land size 71 x 127 FT
Heating type Forced air
Basement typeN/A (Unfinished)
Parking Type
Time on REALTOR.ca16 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: REAL ESTATE HOMEWARD
Home price
$850,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$7,732 / month
Rent $6,838
Savings $894
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$6,814 / month
Rent $6,628
Savings $186
Initial deposit 5%
Savings target Fixed at 5%