For Sale

529-535 Drewery Road, Cobourg, Ontario K9A 3P5

$0

529-535 Drewery Road, Cobourg, Ontario K9A 3P5 is For Sale and has a listing price of 3,700,000. The property is located in the Cobourg neighbourhood . It's been on the website for 74 Days.

  • Multiplex
    Property Type
  • 16
    Bedrooms
  • 8
    Bathrooms
  • Parking
  • MLS ID: X12302656
  • Office Name RE/MAX ROUGE RIVER REALTY LTD.
Property 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!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12302656
  • Price: $3,700,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 103
  • Ref ID: X12302656
  • Approx Sqft: 5000 +
  • Dir / Cross St: HAYWARD ST.
  • Status: Active
  • Tax Year: 2025
  • Approx Age: New
  • Property Type: Multiplex
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
07/23/2025 X12302656 $3,700,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cobourg
  • $823,142 Average List Price
    based on 1 year
  • 131 New Listings
    based on 30 days
  • 95 Median Days on Market
    based on 1 year
  • List vs. Selling Price 109.74 % Up
  • Sold (12mo) 334
  • Rented (12mo) 104

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Baseboard
  • Heat Source Electric
  • Style 2-storey
  • Washroom Type1: 4
  • Garage Type Y
  • Parking Spaces: 1
  • Exterior Vinyl Siding
  • Kitchen 8
  • Parking Y
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 4
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 23/07/2025 16:31:58
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