
Cobourg, ON K9A 4J8
An exceptional townhouse development opportunity awaits! This prime 1.5-acre parcel offers an ideal setting for crafting a thoughtfully designed townhouse community, comprising of up to 20 townhomes. Adjoining to phase two of Cobourg's largest emerging community, "Cobourg Trails", crafted by the esteemed Tribute Homes, this property is zoned for "development". The neighboring phase two of Cobourg Trails features a planned road access, enabling potential connectivity to this site's west boundary. Situated along Brook Rd N, it is conveniently positioned next to Cobourg's East End Trunk Servicing Upgrades, which is currently underway and is part of the Government of Ontario Housing-Enabling Water Systems Fund, ensuring future-ready sewer and water connections for Cobourgs east end future development and growth. Located in the eastern section of historic Cobourg, at the heart of Northumberland County, this remarkable piece of vacant land is minutes from Lake Ontario and Highway 401. Northumberland County stands out as an exceptional locale for a new development, with its enchanting rolling hills, lake access, and scenic forest trails ideal for hiking, ATV adventures, snowmobiling, and cross-country skiing. All this, just an hour from Toronto.
TRREB MLS® Attribution
MLS® X12381166
Listed by RE/MAX ROUGE RIVER REALTY LTD.
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
$5,855
/month · $959,200 mortgage
Amortization
Total Interest
$797,263
Total Cost
$1,756,463
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX ROUGE RIVER REALTY LTD.