816 Battell Court, Cobourg, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $650,000 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 35.65 x 151.41 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Accessory Apartment, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This legal 2-unit raised bungalow offers an exceptional opportunity for investors, multigenerational families, or buyers looking to offset their mortgage through house hacking. With two self-contained 2-bedroom units, this property provides versatility, functionality & strong income potential. Previously rented for $2,050/mo + utilities upstairs & $1,750/mo + utilities downstairs, generating $3,800/mo net rent with tenants paying all utilities. The bright upper unit features a spacious open concept kitchen, living & dining layout designed for comfortable living & entertaining. Large windows fill the space with natural light, while the practical layout creates a warm & inviting atmosphere. The upper level also includes private laundry, stainless steel appliances & 2 well-sized bedrooms, making it ideal for owner occupancy or quality tenants. The legal lower apartment offers an excellent secondary living space with 2 bedrooms plus an open concept kitchen & living area. Exceptionally high ceilings & huge above-grade windows create a bright, spacious feel rarely found in lower units. Whether used for extended family, adult children, in-laws, or rental income, the lower unit adds great flexibility & long-term value. The home is built on a solid poured concrete foundation. Furnace (2022) & roof (2025) provide added peace of mind. Outside, the extra deep, fully fenced lot offers ample outdoor space for children, pets, entertaining, or gardening. A large shed provides excellent additional storage, while parking for up to 3 vehicles adds convenience for both owners & tenants alike. Ideal for buyers entering the market with rental income support, investors seeking a turnkey income property, or families wanting separate yet connected living arrangements under one roof. Legal 2-unit properties remain in high demand & are rarely available in Cobourg. This home offers the rare combination of practicality, income potential & lifestyle flexibility. Home is virtually staged.
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Accessory Apartment, Carpet Free
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 816 Battell Court, Cobourg, ON K9A 5R7
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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 $650,000 in Cobourg, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.
