522 George Street, Cobourg

$895,000
522 George Street

$895,000

New
8d
Detached2-Storey

522 George Street, Cobourg

Total Monthly Obligation $4,508

Beds
4
Baths
3
Park
5
Sqft
2000-2500
DOM
8d
Score
17
Yield
4.5%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X14080868
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-70 × 157 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$6,274 (2026)
Parking-6 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Rouge River Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-East
Exterior-Brick, Board & Batten
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-FLexible
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

Some homes have character. Others have a story to tell. At 522 George Street, old-world charm, exceptional outdoor living and a unique artisan loft come together on one of Cobourg's historic tree-lined streets, just a short walk from downtown. Built in the 1860s, this Georgian home retains much of its original character, including stained glass, high ceilings, oversized windows, hardwood floors and beautiful millwork. The main floor features a welcoming living room with gas fireplace, formal dining room and updated kitchen with granite island. A bright, inviting family room with warm wood finishes, floor-to-ceiling windows and fireplace overlooks the gardens. Upstairs are four generous bedrooms, including a spacious primary suite with ensuite. Outside, mature trees and thoughtful landscaping create a private setting for expansive decks, a screened gazebo and inground pool-ideal for relaxing or entertaining. The detached garage/workshop offers an added bonus: a charming loft above, perfect for an artist, musician, home office or creative retreat. A wonderful combination of historic character, comfortable living and a location that's hard to beat.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$716,000
Land Transfer Taxes$14,375
Legal Fees (Est.)
$
Total cash required for closing$194,875

Total Monthly Obligation

$4,508/mo
Mortgage $3,610
Monthly Loss $3,558
Principal$950
Interest$2,660
Property Tax$523
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.3/ 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
$39,900/yr
NOI
$25,136/yr
Net Cash Flow
-$1,516/mo
Cash Margin
-45.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.4/ 100

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

Comparables

Properties near 522 George Street

Time

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