224 Nickerson Drive, Cobourg
$599,000
224 Nickerson Drive, Cobourg
Total Monthly Obligation $3,144
No agent assigned
Opportunity to acquire a rare setting in town! Well-updated but the picturesque setting could inspire you to upgrade this home to a new level! Classic all- brick bungalow on a quiet cul-de-sac backing onto forest & creek. No neighbours behind! Reverse pie-shaped lot (more room from adjacent homes.) Hobbyists will appreciate the Det Garage & Heated Workshop. Easy, versatile layout. Main floor features oak strip wood flooring, contemporary decor, large picture window in Living Room. Big Kitchen windows for natural light & backyard greenery views. The kitchen has plenty of oak cabinets, pantry, a ceramic backsplash. A Main floor office (optional as 3rd BR or Din Rm) features sliding glass doors out to a covered deck with skylights, perfect for entertaining or enjoying the private backyard. 2 additional BRs and an updated four-piece Bath complete the main level. A rear entrance through the kitchen leads down to a finished lower level with potential for extended family living, guests or in-law suite. The spacious recreation room features a cozy gas stove fireplace, wet bar, & an updated 3pce bath & laundry room. Entire LL has been updated 3.5 yrs ago: Lux Vinyl Lam floor, drywall (removed old paneling), added decora switches, sconces, Pot Lights, drop ceiling & utility sink in laundry. Reno'd 3pce bath/fixtures/flooring. A Utility RM w/ workbench completes the LL. + a Bonus: Det. Garage w/ Heated Workshop in the back! Useful for hobbies or projects (or convert to guest house?) Convenient location: approx. 1 km to the Hospital & Community Centre. 2km to Beach, Marina, Downtown. Walking distance to schools, parks, shopping. Easy access to Hwy 401/407 VIA Rail 5 mins.Tenant signed N9. Vacant possession by 11/15/26. Successfully rented for 4 yrs, current rent $3968.94/m Tenant responsible for heat/hydro, snow/salting, grounds/lawn. Private &, convenient neighbourhood. ***SOME PHOTOS VIRTUALLY STAGED*** Tenant is vacating by Nov 14th
Closing Costs
Total Monthly Obligation
Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 224 Nickerson Drive
Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.
Data is provided courtesy of PropTx.
The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.
Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).
The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Data last updated within the past 24 hours.