479 Drewery Road, Cobourg

$664,900
479 Drewery Road

$664,900

New
24d
Att/Row/Townhouse2-Storey

479 Drewery Road, Cobourg

Total Monthly Obligation $3,504

Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
24d
Score
19
Yield
5.1%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Att/Row/Townhouse
MLS® Number-X13838136
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-22.8 × 99.9 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,361.87 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REALTY ONE GROUP REVEAL
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flex
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

Offering Over 2,000 Sq. Ft. Of Finished Living Space, This Beautifully Upgraded Home Features Over $70,000 In Upgrades And A Thoughtfully Designed Layout With Plenty Of Space For The Whole Family. Carpet-Free Throughout, The Home Offers A Bright, Open-Concept Design, Oak Staircase With Wrought Iron Spindles, Updated Light Fixtures, And A Stylish, Move-In-Ready Finish.At The Heart Of The Home, The Spacious Kitchen Features Stone Countertops, Upgraded Cabinetry, Stainless Steel Appliances, A Large Island, Pantry, And Newer Backsplash. Upstairs, The Generously Sized Bedrooms Offer Plenty Of Room For Family And Guests, While The Spacious Primary Retreat Easily Accommodates A King-Sized Bed And Additional Furniture. The Primary Suite Also Features A Walk-In Closet And Upgraded Ensuite With Both A Walk-In Shower And Stand-Alone Tub. Convenient Second-Floor Laundry Includes A Brand New Washer And Newer Dryer.The Newly Finished Basement Adds Even More Versatility, With A Large Finished Bedroom Featuring An Egress Window And Closet, Or The Flexibility To Use The Space As A Generous Rec Room. A Full Bathroom Just Down The Hall Makes This Level Ideal For Guests, Kids, Teens, Or Additional Living Space.Additional Features Include A Garage Door Opener, Functional Garage Storage, And Numerous Thoughtful Updates Throughout. Located Just Minutes From Downtown Cobourg, You're Close To Local Shops, Restaurants, Cobourg Beach, And The Waterfront.The Sellers Are Ready For Their Next Chapter, Offering An Excellent Opportunity To Make This Beautifully Finished, Turnkey Home Your Own.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$531,920
Land Transfer Taxes$9,773
Legal Fees (Est.)
$
Total cash required for closing$144,253

Total Monthly Obligation

$3,504/mo
Mortgage $2,682
Monthly Loss $2,798
Principal$706
Interest$1,976
Property Tax$447
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,080/yr
NOI
$20,810/yr
Net Cash Flow
-$948/mo
Cash Margin
-33.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 479 Drewery Road

Time

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