149 Abbott Boulevard, Cobourg

$699,000
149 Abbott Boulevard

$699,000

New
8d
Detached2-Storey

149 Abbott Boulevard, Cobourg

Total Monthly Obligation $3,659

Beds
4
Baths
2
Park
2
Sqft
1500-2000
DOM
8d
Score
18
Yield
4.8%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X14081652
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-66 × 130 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,577.07 (2025)
Parking-2 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Jazz INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Wood
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated 4-bedroom, 2-bath, two-storey home, offering nearly 2,000sq. ft. of bright, functional and above-grade living space on an impressive 66x130 lot. Nestled on a quiet, premium street just a short walk to the water, this home delivers the perfect blend of space, style, and lakeside living. The open-concept main floor is ideal for today's lifestyle, featuring a spacious living and dining area with renovated finishes, updated flooring, and large windows that fill the home with natural light. The modern kitchen offers solid countertops, ample prep space, and direct walk-out access to your backyard retreat. An additional HUGE family room with in-floor heating adds extra space for family, hobbies, or a massive workspace. Step outside to a truly exceptional outdoor living space-complete with a large deck, relaxing hot tub, and a charming gazebo perfect for dining, lounging, or year-round enjoyment. The deep66x130 lot provides privacy and endless possibilities, with plenty of space for kids, pets, gardening, or even a future pool or garden suite (buyer to verify). A large storage shed add seven more convenience. Upstairs, you'll find four generous bedrooms and an updated 4-piece bathroom, giving the whole family room to grow. The partially finished basement offers additional flexibility-whether you need a rec room, home gym, playroom, or music room (as it's used now), as well as room for tons of storage. With the lake just moments away, a large backyard and a completely finished space - enjoy morning walks, afternoon BBQs, and evening hot tubs in a quiet, private, and premium location. This is a rare opportunity to secure a renovated family home in one of the area's most desirable pockets. Don't miss it.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,659/mo
Mortgage $2,820
Monthly Loss $2,917
Principal$742
Interest$2,078
Property Tax$465
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%26
10-Year IRR
9.4%
Returns Index
14.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,600/yr
NOI
$20,163/yr
Net Cash Flow
-$1,139/mo
Cash Margin
-40.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.6/ 100

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

Comparables

Properties near 149 Abbott Boulevard

Time

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