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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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529-535 Drewery Road Cobourg
For SalePrice DropCobourg

529-535 Drewery Road Cobourg, Multiplex for Sale

MLS® X12302656

Cobourg, ON

474 days on market
$3,549,000
Previously $3,590,000
Show on Map
Show on Map
16Beds
8Baths
532Sqft
10Parking
Multiplex

Overview· 529-535 Drewery Road Cobourg

MLS® #X12302656

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.

Inclusions

8 REFRIGERATORS; 8 STOVES; 8 BUILT IN DISHWASHERS; 8 OVER THE RANGE MICROWAVE HOOD; 8 HEAT PUMPS; 8 WALL MOUNTED AIR CONDITIONING UNITS; 8 HOT WATER TANKS; 8 WATER METERS; 8 HYDRO METERS

Exclusions

N/A

Broker

RE/MAX Rouge River Realty Ltd.

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Schools1008 schools within 1.5 km8 schools within 1.5 km
Parks10020 parks within 1 km20 parks within 1 km
Convenience172 groceries, cafes and pharmacies within 1 km2 groceries, cafes and pharmacies within 1 km
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 529-535 Drewery Road Cobourg

Source: MLS® listing data
529-535 Drewery Road Cobourg

Multiplex

529-535 Drewery Road Cobourg

Cobourg

Type

Multiplex

Basement

None

Parking

None (10)

Property Tax

~$0/yr

Heating

Baseboard

Buying Essentials

Square Feet

532 sqft

Facing Direction

West

Parking

None (10)

Finances

List Price

$3,549,000

Price per SQFT

$6,671/sqft

Property Tax

~$0/yr

Property Specs

Property Type

Multiplex

MLS Size

532 sqft

Basement

None

Living & Amenities

Heating Type

Baseboard

Features

ERV/HRV · Floor Drain · Separate Heating Controls · Separate Hydro Meter · Water Heater Owned · Water Meter

Policies & Utilities

Neighbourhood

Cobourg

Listed On

Jul 21, 2025

Price & Listing History

Days on Market

Current: 474 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Summary

Mortgage Payment$14,275/mo
Total Monthly$14,275

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0