240 University Avenue

Honey, Start the car!!! A rare chance for affordable property ownership! This is a quaint, central Cobourg, Semi-Detached 2 Bedroom 1 Bath Bungalow tucked away well back from the road with privacy trees surrounding, yet close walking distance to all amenities. This sweet home was originally built in 1856 and has been nicely updated over time. A 231 Sq Ft Professionally renovated back addition was built in 2014. New Roof/Shingles installed 2023 (See MPAC closed building permits under attachments) Also updated: Windows, Doors, Flooring, Kitchen Cabinets, Roof, Siding, Soffits, Fascia. The Private Fenced Back Yard could make a nice outdoor oasis patio area, tucked away from it all. Plenty of Parking. Zoned R3 on a 200 ft deep lot, this sweet home sits well back from street & sidewalk. Located in a Central Cobourg residential neighbourhood, just a short walk to Downtown, Farmer's Market, Beach, Big Box Stores, Mall, Schools. Close to the VIA Station, 401, Hospital. 100 km to Toronto. This is your opportunity to own an investment of a turnkey income property with great Month-To-Month Tenants in place! Tenants pay $1800/month plus their own heat/utilities. The new Buyer may choose to keep the Tenants or enjoy an easy-sized living space as alternative to renting (proper notice for possession must be followed after purchasing - Buyer to assume Tenants on closing.) Note: Driveway is owned all the way to University approx. The centre line "pin" between this and the adjacent Semi-detached is visible at the sidewalk as you enter off University Avenue showing the property line between this and adjacent semi. You can reinstall fence between properties down further along to the front if desired. Any Offers will be reviewed June 3rd at 5pm. Please Register by June 3rd 3pm** Seller will consider pre-emptive offers. 24 Hours notice for Tenants for viewings.