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Investment signal

$699,900

300 GEORGE STREET

Save this home

Beds

3

Baths

3 full + 1 half

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location 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.

About this home

Welcome to 300 George St in Cobourg, an updated all-brick legal duplex built in 1910 and thoughtfully designed to blend historic character with modern functionality. Set in the heart of the downtown core, this property is just steps from the beach and marina, the train station, schools, and Cobourg's vibrant restaurants and shops, offering a truly walkable lifestyle. The home features 2 self-contained interior units that are separately metered and have separate heating, making it an excellent investment opportunity or an ideal option to live in one unit while renting the other. Both units offer in-suite laundry centres for added convenience and showcase a stylish mix of exposed brick, stainless steel appliances, and tiled 3-piece bathrooms that complement the home's original charm. Walk-outs from each unit lead to their own decks, providing an easy extension of the living space outdoors. The upper unit spans approximately 1,400 sq ft across the 2nd and 3rd floors and offers 2 bedrooms and 1.5 baths, with an open concept living and dining area and a kitchen finished with quartz countertops. The 3rd floor, measuring over 600 sq ft, is dedicated to the primary suite and features a half bath with a skylight, along with a large walk-in closet with its own skylight, plus ample space for a home office or quiet retreat. The bright main floor unit is approximately 800 sq ft with 1 bedroom and 1 bathroom, showcasing original hardwood flooring and direct access to a full, unfinished basement that provides excellent storage. Offering flexibility, location, and lasting value, 300 George St is a rare opportunity to own a versatile property in the centre of downtown Cobourg. *Note: units are separately metered for hydro - main floor unit heated by gas forced air & upper unit is heated by electric baseboard + both units are currently owner occupied, so vacant possession will be ensured on closing, providing the new owner the opportunity to set their own rental rates and terms.* (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
Cobourg
Lot dimensions
28.7 x 83.4 FT
Bedrooms
3 above grade
Parking
2 total
Stories
3
On market
Apr 20, 2026
Status changed
Apr 20, 2026
Annual tax
$4,483.18
Photos
48
MLS#
X13020712
Area
COBOURG

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

WasherRefrigeratorDishwasherStoveDryerWindow CoveringsWater Heater

Heating

Baseboard heatersForced airNot knownNot knownElectricNatural gas

Cooling

None

Exterior

Brick

Foundation

Concrete

Lot

Carpet Free

Community

School Bus

Security

Smoke Detectors
Negative cash flow ~$788/mo at these assumptions

Cash on cash

-6.75%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,329

Financing

Down payment$139,980
Loan amount$559,920
Mortgage$2,837/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$321
Insurance$80
Maintenance$583
CapEx reserve$292
Vacancy loss$175

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $2,837/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.

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