
Cobourg, ON K9A 5R7
This legal 2-unit raised bungalow offers an exceptional opportunity for investors, multigenerational families, or buyers looking to offset their mortgage through house hacking. With two self-contained 2-bedroom units, this property provides versatility, functionality & strong income potential. Previously rented for $2,050/mo + utilities upstairs & $1,750/mo + utilities downstairs, generating $3,800/mo net rent with tenants paying all utilities. The bright upper unit features a spacious open concept kitchen, living & dining layout designed for comfortable living & entertaining. Large windows fill the space with natural light, while the practical layout creates a warm & inviting atmosphere. The upper level also includes private laundry, stainless steel appliances & 2 well-sized bedrooms, making it ideal for owner occupancy or quality tenants. The legal lower apartment offers an excellent secondary living space with 2 bedrooms plus an open concept kitchen & living area. Exceptionally high ceilings & huge above-grade windows create a bright, spacious feel rarely found in lower units. Whether used for extended family, adult children, in-laws, or rental income, the lower unit adds great flexibility & long-term value. The home is built on a solid poured concrete foundation. Furnace (2022) & roof (2025) provide added peace of mind. Outside, the extra deep, fully fenced lot offers ample outdoor space for children, pets, entertaining, or gardening. A large shed provides excellent additional storage, while parking for up to 3 vehicles adds convenience for both owners & tenants alike. Ideal for buyers entering the market with rental income support, investors seeking a turnkey income property, or families wanting separate yet connected living arrangements under one roof. Legal 2-unit properties remain in high demand & are rarely available in Cobourg. This home offers the rare combination of practicality, income potential & lifestyle flexibility. Home is virtually staged.
TRREB MLS® Attribution
MLS® X13174184
Listed by RE/MAX Jazz INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,296
/month · $540,000 mortgage
Amortization
Total Interest
$448,834
Total Cost
$988,834
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
RE/MAX Jazz INC.