13 Coverdale Avenue, Cobourg

$799,999
13 Coverdale Avenue

$799,999

New
16d
Detached1 1/2 Storey

13 Coverdale Avenue, Cobourg

Total Monthly Obligation $4,002

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
16d
Score
18
Yield
4.6%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X13870186
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-70 × 128 ft
Listed on site-Oct 7, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,806 (2026)
Parking-5 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Electric Realty
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

Morning coffee on the covered front porch. Lake Ontario just steps away. Welcome to 13 Coverdale Avenue, Cobourg-a charming Cape Cod-style home in a well-established, highly sought-after neighbourhood, steps from Lookout Point and its beautiful lake views. With 3 bedrooms, 2 bathrooms and thoughtful updates throughout, this home brings character and everyday convenience together. The updated kitchen features a farmhouse sink, butcher block counters and a breakfast nook made for slow mornings, quick meals and catching up over coffee. And it's the little details that make this home stand out. Built-in storage beneath the front window, a clever towel rod with hidden hooks, and a folding desktop that makes room for the Murphy bed-smart touches that help you make the most of your space. The fully finished basement offers a playroom area, rec room space, four-piece bathroom, laundry room, cold cellar and even more storage. Set on a good-sized lot with a detached garage, there's room for outdoor living, hobbies and the practical extras. With parks, schools and Cobourg's beach within walking distance, you can enjoy everything this lakeside community has to offer. Charm, clever design and the lake just down the street. Welcome home to 13 Coverdale. Extras.***Tankless Water Heater (2026) Dishwasher (2026) Upper Windows (2024) A/C (2022)Main Floor Hardwood Flooring (2018) Furnace and Roof (2016), Detached Garage with Hydro and Steel Roof

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

Closing Costs

Mortgage Amount
$639,999
Land Transfer Taxes$12,475
Legal Fees (Est.)
$
Total cash required for closing$173,975

Total Monthly Obligation

$4,002/mo
Mortgage $3,227
Monthly Loss $3,153
Principal$849
Interest$2,378
Property Tax$401
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$36,552/yr
NOI
$23,591/yr
Net Cash Flow
-$1,261/mo
Cash Margin
-41.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.3/ 100

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

Comparables

Properties near 13 Coverdale Avenue

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.