For saleMLS® X12302656

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

Cobourg · Near HAYWARD ST. · View map

$3,549,000
8+8Beds
8Baths
5000 +Sq ft
MultiplexType
10 totalParking
$3,549,000
FreeholdNo monthly condo fee
Parking for 10Comes with the home
Lot 107 x 103 ftThe land comes with the home

About this home

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.

The home

Type
Multiplex
Style
2-Storey
Square footage
5000 + sq ft
Bedrooms
8
Basement bedrooms
8
Bathrooms
8
Kitchens
8
Rooms
20
Basement
None
Lot size
107 x 103 ft
Faces
West

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Carbon Monoxide Detectors, Smoke Detector
Exterior
Vinyl Siding

Heating & cooling

Heating fuel
Electric
Heating type
Baseboard
Fireplace
No

Garage & parking

Driveway spaces
1
Total parking
10
Parking features
Mutual

Taxes & other

Tax year
2025
Occupancy
Tenant
Possession
TBD
Cross street
HAYWARD ST.
Neighbourhood
Cobourg

More

MLS® number
X12302656

The home and its surroundings

  • ERV/HRV
  • Floor Drain
  • Separate Heating Controls
  • Separate Hydro Meter
  • Water Heater Owned
  • Water Meter
Want to know something that isn’t listed?
Estimated monthly cost$16,534per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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

    Cobourg · Near HAYWARD ST.

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    Sold history

    Listing history for 529-535 Drewery Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 529-535 Drewery Road

    Answers come straight from this home’s MLS® listing.

    How much is 529-535 Drewery Road listed for, and what would it cost each month?

    529-535 Drewery Road is listed for $3,549,000. With 20% down ($709,800), the mortgage payment would be roughly $14,316 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $16,534 a month, all in. That figure is an illustration, not a quote.

    Is 529-535 Drewery Road freehold or a condo, and is there a monthly fee?

    529-535 Drewery Road is a multiplex in Cobourg. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 529-535 Drewery Road have?

    529-535 Drewery Road has 8 bedrooms, plus 8 more bedrooms in the basement, and 8 bathrooms. The listing gives the style as 2-storey.

    Does 529-535 Drewery Road have a garage and parking?

    The listing does not show a garage. The driveway adds 1 space. In total the listing counts 10 parking spaces.

    Does 529-535 Drewery Road have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 529-535 Drewery Road?

    529-535 Drewery Road is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.

    How big is 529-535 Drewery Road, and what is the lot size?

    The lot is listed as 107 x 103 ft.

    How is 529-535 Drewery Road heated and cooled?

    Heating is baseboard (electric). The listing does not show air conditioning.

    Where is 529-535 Drewery Road?

    529-535 Drewery Road is in Cobourg. The nearest main intersection is HAYWARD ST.. The postal code is K9A 3P5.

    Is 529-535 Drewery Road still for sale?

    Yes. It is an active listing (MLS® X12302656). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 529-535 Drewery Road asking?

    Similar properties for sale nearby right now include 3121 Theatre Road N at $3,650,000 (6+1 bed), 163 Ontario Street at $2,499,900 (5+1 bed) and 11 Pebble Beach Drive at $3,894,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 529-535 Drewery Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 529-535 Drewery Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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