705 Wilkins Gate

Cobourg | Cobourg | K9A 0L3
  • 4
  • 4
  • 0

$1,299,900

Est. Mtg $4,407 /mo
  • Days on market

    24

  • Status

    New

Listing Broker ROYAL LEPAGE PROALLIANCE REALTY
Since listed: 1 views

Home details

MLS #:

X9300893

Property type:
Semi-Detached
Style:
Bungaloft
Taxes:
$2,127
Possession:
immediate
Lot Front:
65.79   Feet
Lot Depth:
118.9   Feet
Basement:
Full | Unfinished
Driveway Pkg:
2
Heat:
Gas | Forced Air

Description


705 Wilkins Gate, , Cobourg, Ontario is a Semi-Detached property in Cobourg and in the Cobourg community in the K9A 0L3 postal code


An incredible investment opportunity awaits in this nearly new, super unique product offered by New Amherst Homes. 2 homes, on one property. Live in the main 4 bedroom house and rent the separate 1 bedroom coachhouse apartment, live in the coachhouse and lease the house, or rent both units and ask approximately $5000/month in rent (plus utilities) between them. The wonderfully bright 4 bedroom main house offers 2036 sq feet, plus a full unfinished basement (with full size, above-grade windows), and the secondary one bedroom apartment over the double car garage offers an additional 660 sq ft. Located in the super trendy and rapidly growing community of New Amherst, this two unit property features 12 foot ceilings, oversized South-facing windows with custom blinds, stone counters, glass shower enclosures, gas fireplace, hi-end vinyl plank flooring, central air, fully fenced and landscaped. Tens of thousands of dollars spent in upgrades. The primary bedroom suite is located on the main-level along with an additional bedroom/office, and two spacious bedrooms on the second level with a family room and full bath. A ton of yard space awaits for the addition of a pool. The key to this incredible home, is the potential it offers from an income potential in the coach house apartment, along with the opportunity to finish the basement for additional living space or another rental space - TBD by the buyer. Long term tenant, Airbnb, kids moving home!? The fully insulated and drywalled double-car garage with opener, has a separate, totally self sufficient, 2nd floor apartment. 1 bedroom, full bath with laundry, open concept living room and kitchen leads out to the balcony. Each unit has its own hot water heater and electrical panel, but share water/electrical meters..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2022-07 2023-01 $1,429,900 $1,379,900 Exp X5695512
2022-07 2023-08 $1,429,900 $1,379,900 Exp X6561987
2023-08 2023-08 $3,650 $3,900 Lsd X6758502
2024-09 2024-09 $1,299,900 $1,299,900 New X9300893

Comparables

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sold Date Address List Price sold Price DOM
2023-05 879 Charles Wilson Pkwy, $1,099,900 $1,025,000 62
2022-06 871 Charles Wilson Pkwy, $1,199,900 $1,199,000 25

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Semi-Detached

Sale activity

Cobourg :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Cobourg :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 705 Wilkins Gate

Based on available 3rd party data

$4719

Approximate costs per month

Mortgage
$4407 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$177 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Beach
  • Fenced Yard
  • Golf
  • Hospital
  • Park
  • School Bus Route
Listing Broker ROYAL LEPAGE PROALLIANCE REALTY
Data Source: TRREB

Payment calculator

$4584 monthly. In association with: TD Bank
%
  • Principal and Interest
    4407 /mo
  • Property Taxes
    $177 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Angela Aiello, Realtor

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