15 - 17 James Street W
Cobourg, Ontario K9A2J8

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)

Facts & Features

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

Powered by: REALTOR.ca

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%