602 Carlisle Street, Cobourg

$775,000
602 Carlisle Street

$775,000

New
21d
Detached2-Storey

602 Carlisle Street, Cobourg

Total Monthly Obligation $3,978

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
21d
Score
19
Yield
5.0%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-X13855992
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-52.39 × 126.79 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,721 (2025)
Parking-6 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-Keller Williams Energy Real Estate
Cooling-Central Air
Laundry-No
Fireplace-Electric, Natural Gas
Pool-None
Facing-North
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

There's plenty of room to live, gather and spread out in this 2,060 sq. ft., 4-bedroom, 3-bathroom home on a quiet Cobourg street, plus the bonus living space of a four-season sunroom over and above the stated square footage. With exposed brick, an electric fireplace and a walkout to the deck and gazebo, the sunroom is a standout, overlooking a beautifully landscaped backyard that has had the benefit of an arborist's care. Inside, the updated kitchen features quartz countertops, a new stainless-steel sink and a full wall of pantry storage. A main-floor family room with brick gas fireplace and a separate dining room provide plenty of space for everyday life and entertaining. Upstairs are four generous bedrooms, including a primary bedroom with ensuite, while the finished lower level adds even more usable living space. Updates include the furnace, central air, shingles, driveway and owned hot water tank. Westwood Park and area schools are close by, with Cobourg's beach and waterfront just minutes away and easy access to Hwy 401.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$620,000
Land Transfer Taxes$11,975
Legal Fees (Est.)
$
Total cash required for closing$168,475

Total Monthly Obligation

$3,978/mo
Mortgage $3,126
Monthly Loss $3,155
Principal$823
Interest$2,303
Property Tax$477
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,400/yr
NOI
$24,339/yr
Net Cash Flow
-$1,098/mo
Cash Margin
-34.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
21.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 602 Carlisle Street

Time

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.