529-535 Drewery Road, Cobourg, Ontario

$3,700,000

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16

Beds

8

Baths

About 529-535 Drewery Road

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! (id:6289)

Features of 529-535 Drewery Road

Listing # X12302656
Price $3,700,000
Bedrooms 16
Bathrooms 8.00
Acres 0.00
Type Multi-family

Community Information

Address 529-535 Drewery Road
Subdivision Cobourg
City Cobourg
Province Ontario
Postal Code K9A3P5

Amenities

Amenities Separate Heating Controls, Separate Electricity Meters
Utilities Electricity, Sewer
Parking Spaces 10
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater, Water meter, Dishwasher, Microwave, Range, Stove, Refrigerator
Heating Electric Baseboard heaters
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Vinyl siding
Lot Description 107 x 103 FT
Foundation Slab

Listing Details

OfficeRE/MAX ROUGE RIVER REALTY LTD.

Listing Map

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Listing information last updated on October 14th, 2025 at 3:16am PDT.