For sale

I don't have enough recent comparable sales to call this one's price, but price reduced $151k. Here's everything I've got on it — ask me anything.

Cobourg · Cobourg

529-535 Drewery Road

Multiplex

MLS® #X12302656

Listed for$3,549,000$3,700,000Price reduced from $3,700,000457 days on market

8+8 bed 8 bath 10 parking 5000 + sq ft~$710/sq ft

Price reduced $151K
457 days on market
Transit stop ~12.5 km

Free · about 10 seconds

Is $3,549,000 a fair price?

See AskEmma’s read of this asking price against recent comparable sales — how far above or below, and the range they sold in.

No obligation · unsubscribe anytime

Est. all-in monthly~$16,513/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

Loading map…

This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~12.53 km

Property information

What house buyers ask first

Lot size: 107 × 103 ft
Square footage: 5000 + sq ft
Parking: 10 spaces · None
Basement: None

Property summary

Property type: Multiplex
Style: 2-Storey
Lot size: 107 × 103 ft
Parking: 10 spaces · None
Heating: Baseboard
Air conditioning: Other
Basement: None
Kitchens: 4
Exterior: Vinyl Siding
MLS®: X12302656

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Att/Row/Townhouse

$649,000

Below recent sales

Blk 53 Drewery Road, Unit 3

3 bed · 3 bath·1500-2000 sq ft·2 parking

Cobourg

Listed 17 days ago · Royal LePage Proalliance Realty

Att/Row/Townhouse

$664,900

Below recent sales

479 Drewery Road

3+1 bed · 4 bath·1500-2000 sq ft·3 parking

Cobourg

Listed 24 days ago · Realty One Group Reveal

Condo Apartment

$339,000

Below recent sales

249 Ruttan Terrace, Unit 503

2 bed · 1 bath·1000-1199 sq ft·1 parking·$562/mo fee

Cobourg

Listed 17 days ago · Royal LePage Proalliance Realty

Condo Townhouse

$335,000

Below recent sales

249 Ruttan Terrace, Unit 505

2 bed · 1 bath·1000-1199 sq ft·2 parking·$686/mo fee

Cobourg

Listed 32 days ago · Keller Williams Energy Real Estate

Semi-Detached

$629,000$648,000Price reduced from $648,000

Below recent sales

248 Ruttan Terrace

3 bed · 3 bath·1500-2000 sq ft·3 parking

Cobourg

Listed 37 days ago · Royal Service Real Estate Inc.

Detached

$699,000$750,000Price reduced from $750,000

Below recent sales

12 Maplewood Boulevard

3 bed · 3 bath·1500-2000 sq ft·7 parking

Cobourg

Listed 177 days ago · RE/MAX Hallmark First Group Realty Ltd.

The numbers that matter

Est. all-in: ~$16,513/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Bus stopNearest transit · Bus stop~12.5 km
Port HopeNearest GO / rail · GO / regional rail~13.1 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Cobourg

$600KMedian sold

44Median days on market

97.4%Sale-to-list

Median sold price · Cobourg1-yr -8% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Description & details

RECENTLY COMPLETED AND FULLY LEASED, THIS ATTRACTIVE (8) EIGHT PLEX IS A RARE REALTY PRODUCT, A HIGHLY SOUGHT AFTER COMMODITY AND THE PERFECT ADDITION TO YOUR REAL ESTATE PORTFOLIO. SITED IN EAST VILLAGE, ONE OF COBOURGS MOST DESIRABLE NEW RESIDENTIAL NEIGHBOURHOODS, 529-535 DREWERY ROAD WAS BUILT IN 2025 BY STALWOOD HOMES, A RENOWNED LOCAL DEVELOPER AND BUILDER. THE OFFERING FEATURES (8) SMARTLY DESIGNED OPEN CONCEPT APARTMENT UNITS; (4) ON LEVEL 1 AND (4) ON LEVEL 2; EACH OF THE (8) UNITS INCORPORATES (2) SPACIOUS BEDROOMS, A WELL APPOINTED KITCHEN WITH A COMPLEMENT OF STAINLESS STEEL APPLIANCES, BRIGHT LIVING AND DINING AREAS, A FULL BATH AND ENSUITE LAUNDRY FACILITY TOGETHER WITH A WASHER AND DRYER (CHECK THE FLOOR PLAN ON-LINE TO GET A SENSE OF THE VERSATILITY OF THE UNITS LAYOUT). ALSO, UPON INSPECTION THE WISE BUYER/INVESTOR WILL COME TO REALIZE THAT THE VALUE AND DESIRABILITY OF THE BUILDING IS ENHANCED BY THE FACT THAT EACH APARTMENT COMES WITH ONE (1) DEDICATED PARKING SPOT AND IS EQUIPPED WITH ITS OWN: HEAT PUMP, AIR CONDITIONING UNIT, A HOT WATER TANK, A WATER METER AND A HYDRO METER. IF YOU'RE SEARCHING FOR A SPECIAL PROPERTY TO INVEST IN, THIS ONE HAS ALL IT TAKES, INCLUDING LOCATION. 529-535 DREWERY ROAD IS PERFECTLY POSITIONED A SHORT DRIVE EAST OF COBOURG'S HISTORIC AND DYNAMIC DOWNTOWN, ENABLING THE BUILDING'S RESIDENTS TO TAKE ADVANTAGE OF ALL THE AMENITIES OFFERED BY THE WONDERFUL TOWN OF COBOURG. THUS, ENHANCING THE TENANTS' ENJOYMENT OF THE RENTAL ACCOMODATION AND CONSEQUENTLY, TENANCY RETENTION. IN SHORT, HAPPY TENANTS, HAPPY LANDLORD! NOTE: SOME PICTURES ARE VIRTUALLY STAGED PHOTOGRAPHIC RENDERINGS.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RE/MAX Rouge River Realty Ltd.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.