108 James Street E, Cobourg

$738,900
108 James Street E

$738,900

Price Change
21d
DetachedBungalow

108 James Street E, Cobourg

Total Monthly Obligation $3,696

Beds
4
Baths
2
Park
3
Sqft
1100-1500
DOM
21d
Score
17
Yield
3.9%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-X13858126
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40.45 × 128.13 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,089 (2025)
Parking-4 - Attached
Basement-Finished, Separate Entrance, Walk-Out, Walk-Up, Development Potential
Heating-Water (Gas)
Brokerage-Century 21 United Realty Inc.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

Sunny, Mid-Century Modern Well-Updated, All-Brick Bungalow. LOCATION, UPDATES, & POTENTIAL for a SECONDARY APT UNIT in LL. MANY large new windows & lovely natural sunlight streams into this home from all around. The Private, fenced backyard is framed by mature trees & established perennial gardens. Substantial interlock patios wrap the front, side & back of home for pleasant outdoor living. Cobourg's desired neighbourhood of Century & Vintage homes, old-growth trees & landscaped gardens. 5 Mins walk to the sparkling Lakefront, pretty Victoria Park, the Beach, Marina, Yacht Club, Boardwalk, Esplanade &Downtown Restaurants/Shops. 3+1BR 2Baths. 1 Level living w/ 1425 sq ft on the MN FL + a fully finished LL providing lots of living space for Family, Guest or a Separate Unit for Income! (LL has a R/In Kitchen,1 BR, Living Room, 3pce bath, Laundry room, Inter-wired Smoke Detectors, Fire-break Drywall already completed as a head start. Buyer to get final permits/approval w/ Town). An alluring home in a lovely setting. Rooms are back! FR DRs separate Living & Dining Rooms. A separate, bright Kitchen with natural stone quartzite counters, marble flooring, custom-built wood cabinetry. Original oak strip floors dramatically stained black on MN FL. A useful Laundry closet installed for ease on MN FL by ample-sized Kitchen w/ Lots of floor-to-ceiling cabinetry. Glass-Tiled Baths w/ Slate/Marble flr. A modern, clean LL space. Pot lights & newer luxury vinyl lam flring. Private Yard enjoys easy care perrenial gardens, Cherry trees, Hydrangeas, Wisteria, Roses, Honeysuckle, Clematis, Mint, Lily of the Valley fragrances. A Limewash stain treatment just completed over entire brick exterior adds curb appeal & a preserving, "brick-healthy" alternative to paint. Both Decks/Stairs just stained. Inside-Entry Single-Car Inset Garage. + 3-Outdoor surface parking spaces. **LL ROUGHED-IN KITCHEN is VIRTUALLY STAGED TO SHOW CABINETS, SINK, APPLS.** Zoned R3.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$591,120
Land Transfer Taxes$11,253
Legal Fees (Est.)
$
Total cash required for closing$160,533

Total Monthly Obligation

$3,696/mo
Mortgage $2,981
Monthly Loss $2,912
Principal$784
Interest$2,196
Property Tax$341
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.6%17
10-Year IRR
8.0%
Returns Index
9.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$29,100/yr
NOI
$17,601/yr
Net Cash Flow
-$1,514/mo
Cash Margin
-62.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
21.8/ 100

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

Comparables

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