Featured Imagery

Exceptional Property

384 King Street, Cobourg

$995,000

5 Bedrooms

4 Bathrooms

null sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Multi-family

Style

Duplex

Year Built

N/A

Square Footage

N/A

Bedrooms

5 Bedrooms

Bathrooms

4 Bathrooms

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Not your average Duplex! A 15 minute walk from the beach is this income generator. Main house is a 820 sq ft 2 bedroom bungalow with a fresh lease. The 2 storey half has 3 self-contained units. FULLY RENTED. All sitting on a huge 0.7 acre fully fenced lot. Prime for development. (id:39198)...

MLS Number

X12334165

Listed By

RE/MAX HALLMARK EASTERN REALTY

Last Updated

Aug 27, 2025, 7:35 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type

Multi-family

Architectural Style

Duplex

Interior Features

Basement

Partial

Climate Control & Utilities

Heating System

Forced air, Natural gas

Exterior & Surroundings

Exterior Construction

Stucco, Aluminum siding

Foundation

Stone

Additional Amenities

Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# X12334165

List Date

Aug 8, 2025, 8:51 p.m.

List Price

$995,000

Property Type

Sale

Bedrooms

Bathrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income

monthly

$3,500

Investment Returns

monthly

$800

Add New Income

Expense Items

Mortgage

monthly

$1,800

Property Tax

monthly

$450

Property Management

monthly

$280

Add New Expense

This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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