529-535 Drewery Road, Cobourg, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $3,549,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 16 Bedrooms and 8 Bathrooms with 8 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 107 x 103 ft lot
- 10.0 total parking spaces available
- Notable attributes: ERV/HRV, Floor Drain, Separate Heating Controls
- equipped with other central cooling and highly efficient baseboard heating via electric
Description
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.
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Property Summary
This multiplex located at 529-535 Drewery Road, Cobourg is currently for sale and has been available on SousaSells for 421 days. This property is listed at $3,549,000 with an estimated mortgage of $11,813* per month. It has 16 beds, 8 bathrooms, and is 5000 + square feet. 529-535 Drewery Road, Cobourg is in the Cobourg neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 16 bedrooms and 8 bathrooms, this home offers ample space and comfort for growing families in Cobourg, Cobourg.
- •16 spacious bedroom layout offering versatile living space
- •8 well-appointed bathrooms
- •5000 + sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cobourg, Cobourg.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- ERV/HRV
- Floor Drain
- Separate Heating Controls
- Separate Hydro Meter
- Water Heater Owned
- Water Meter
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Cobourg?
If you are looking for a house in Cobourg or researching Cobourg real estate for sale, this 16-bedroom multiplex at 529-535 Drewery Road, Cobourg, ON offers an exceptional opportunity to buy a home in Cobourg, Ontario. Whether you are a first-time Cobourg home buyer or comparing active Cobourg MLS® homes for sale, working with a dedicated Cobourg buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Cobourg Buyer Budget & Costs
Estimated mortgage: $11,813*/month*. Estimated Ontario Land Transfer Tax: $75,200. First-time Cobourg home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Cobourg
Frequently Asked Questions about 529-535 Drewery Road, Cobourg, ON
Q.What is the asking price for 529-535 Drewery Road, Cobourg, ON ?
The current listing price for 529-535 Drewery Road, Cobourg, ON in Cobourg, Cobourg is $3,549,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 16 bedrooms and 8 bathrooms across approximately 5000 + sqft.
Q.What property type and architectural style is 529-535 Drewery Road, Cobourg, ON ?
529-535 Drewery Road, Cobourg, ON is a Multiplex (2-Storey) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: ERV/HRV, Floor Drain, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned, Water Meter.
Q.What security features are installed at 529-535 Drewery Road, Cobourg, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Other.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Cobourg, Cobourg
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 529-535 Drewery Road, Cobourg, ON K9A 3P5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cobourg, ON
For a property listed at $3,549,000 in Cobourg, the legal minimum down payment is $709,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $75,200 for this transaction. As this listing is in Cobourg (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $75,200.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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