390/392 Mathew St
Cobourg, Cobourg
$699,000
Buy with Dwelly and Save $6,990
Home Details
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Listing Description
Exceptional Semi-Detached Duplex in a prime downtown location, just steps from downtown, nestled near the stunning Heritage Harbour, beach and an array of restaurants and shops nearby. This property is a fantastic investment with strong cash flow and outstanding rental Income of $4108.75/mth. The property features an expansive in town lot, featuring 156 feet of frontage along Mathew St, with convenient and plentiful parking available for residents and guests. This large lot with additional space allows for ample opportunity for expansion and or possible ADU unit. Unit 390 features 2-Bedrooms, 1 bath, 1200+ sq ft of living space, greatly designed across two levels, featuring in-suite laundry and an inviting outdoor area, ideal for family living or attracting tenants. Unit 390 is currently rented for $2408.75/mth plus hydro. Unit 392 features 1-Bedroom, 1 bath, over 800+ sq ft, boasts a spacious kitchen, stylish bathroom, in-suite laundry, and a private outdoor space perfect for privacy & relaxation. Unit 390 is currently rented for $1700/mth. Seize this incredible opportunity to invest in a turn-key property, great income & 5%+ cap rate, large private outdoor spaces for each unit and sitting on a large in town lot with limitless future potential!
2 x Fridge, 2 x Stove, 2 x Washer, 2 X Dryer, light fixtures
City: Cobourg
Neighborhood: Cobourg
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Apr 17, 2025 | 12 | $739,000 | N/A | Terminated | X12091153 |
Rooms
Room dimensions for 390/392 Mathew St, Cobourg
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 390/392 Mathew St is 3792
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $699000 |
| Down Payment | $139800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $559200 |
Monthly Payment
| Mortgage Payment | $3446 |
| Property Taxes | $346 |
| Maintenance Fees | $0 |
| Monthly Payment | $3792 |
About 390/392 Mathew St, Cobourg
Located at 390/392 Mathew St , this Cobourg house is available for sale. This property was listed for $699,000 on Thu May 01 2025. This house's size is 2000-2500 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 4 parking spots. 390/392 Mathew St, Cobourg is situated in the Cobourg neighbourhood.
MLS#: X12112471 · $699,000 · 3 bedroom house in Cobourg, Cobourg