$579,995
387 / 389 JOHN STREET
Beds
5
Baths
2
Sqft
—
Year
—
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Side-by-side bungalow duplex in the heart of downtown Cobourg, offering exceptional flexibility for investors or those looking to offset their mortgage by living in one unit and renting the other. The left unit features a bright, inviting living room and an eat-in kitchen with matching appliances and a convenient walkout. Two well-appointed bedrooms, a full bathroom, and in-suite laundry complete this comfortable and functional space. The right unit offers a spacious open living and dining area, a kitchen with stainless steel appliances, a walkout, and a dedicated laundry nook with additional storage. This unit includes three bedrooms and a full bathroom, providing ample space for families or tenants. Each unit has its own private parking and fenced yard, enhancing the appeal and independence of both spaces. Ideally located just steps to downtown shops, restaurants, schools, and everyday amenities, with quick and easy access to the 401 for commuters. (id:65958)
- Subtype
- Multi-family
- Architectural style
- Bungalow
- Structure
- Duplex
- Community
- Cobourg
- Lot dimensions
- 69 x 106.7 FT
- Bedrooms
- 5 above grade
- Parking
- 4 total
- Stories
- 1
- On market
- Apr 15, 2026
- Status changed
- Apr 15, 2026
- Annual tax
- $3,174.09
- Photos
- 38
- MLS#
- X12999930
- Area
- COBOURG
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Utilities
Cash on cash
-8.09%
Cap rate
4.27%
GRM
14.6
Break-even rent
$4,124
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cobourg. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.