509 George Street, Cobourg - Multi-family for Sale
509 George Street, Cobourg, Ontario, K9A3N1
4 beds4 baths4 parking1,750 ft²41 × 161 ft (6,601 sq ft) lot sizeListed 2 days ago
Overview
This multi-family property in Cobourg is for sale offering roughly 1,750 sq ft of space. It has been on the market 2 days, fresher than the Cobourg average of 80 days.
Description
REMARKS TO COME (id:66096)
Property Details
- MLS®
- X14139938
- Property Type
- Multi-family
- Zoning
- RESIDENTIAL (R3) ZONE
- Bedrooms
- 4
- Beds (above / below)
- 4 above · 0 below
- Bathrooms
- 4
- Parking
- 4
- Interior Size
- 1,750 ft²
- Lot Size
- 41 × 161 ft (6,601 sq ft)
- Frontage
- 41 ft
- Storeys
- 1
- Basement
- Apartment in basement, N/A
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Garage
- No Garage
- Property Tax
- $5,173.27/yr
- Listed
- 2 days ago
Features
- Appliances
- Water meter, Water Heater
- Foundation
- Unknown
- Exterior
- Brick
- Lot Features
- Level, Sump Pump
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
2d
Cobourg listings, avg age
80d
Price / ft²
$509
List price
$890K
Just listed: 2 days on market, against an average age of 80 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
Haho
This 4-bed multi-family in Cobourg has been listed for 2 days, which is 78 days fresher than the city average of 80. Act while there is still low competition.
Listed by RE/MAX Rouge River Realty Ltd. · Tony Pulla
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K9A)
This home lists at $890,000, about 10.9× the local median household income of $82,000.
Carrying it typically needs a household income of about $173,848 (20% down, 25-yr amortization, stress-tested) — roughly 112% above the area median.
- Median household income
- $82,000
- Population
- 26,757
- Median age
- 53.2
- Owner / renter
- 74% / 26%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA K9A)
$890,000· $509/ft²
For saleBook a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Full Cost Breakdown
Loading rates, 30-yr amortization
Down Payment7.19% · $64,000.00
Min 7.19%50%
Mortgage payment$4,579/mo
↳ CMHC premium ($33,040 capitalized)
Property tax (est.)$431/mo
Total monthly$5,011
Cash Needed to Close
Down payment (7.19%)$64,000
Land transfer tax$14,275
Est. closing costs$5,170
Total cash needed$83,445
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
For sale
12 days ago
$1.30M
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5 ba3 pk4,390 ft²Lot size 22 × 116 ft (2,573 sq ft)
Listed by Century 21 United Realty Inc.
For sale
184 days ago
$1.75M
41-43 King Street East, Cobourg, Ontario, K9A1K6
9 ba6 pk6,178 ft²
Listed by Century 21 United Realty Inc.
For sale
377 days ago
$985K
234 King Street, Cobourg, Ontario, K9A1L6
6 bd3 ba7 pkLot size 45 × 196 ft (8,820 sq ft)
Listed by RE/MAX Rouge River Realty Ltd.
For sale
469 days ago
$3.55M
529-535 Drewery Road, Cobourg, Ontario, K9A3P5
16 bd8 ba10 pkLot size 107 × 103 ft (11,021 sq ft)
Listed by RE/MAX Rouge River Realty Ltd.
Investment analysis
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$890,000
Cobourg