107 Marisa Lane 403, Cobourg

$585,000
107 Marisa Lane 403

$585,000

New
18d
Condo ApartmentApartment

107 Marisa Lane 403, Cobourg

Total Monthly Obligation $3,710

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
18d
Score
18
Yield
6.1%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-X13877860
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,716 (2025)
Maintenance-$756.93/mo
Locker-None
Parking-1 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX Rouge River Realty Ltd.
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Possession-Flex contact LA
Neighbourhood-Cobourg
Title-Residential Condo & Other

No agent assigned

Newly refreshed and ready for it's next chapter, Unit 403 at 107 Marisa Lane is a top-floor, 2-bedroom, 2-bathroom condo with Lake Ontario views in Cobourg's coveted marina neighbourhood. This is condo living that feels like home. Beautiful arched windows fill the space with natural light, and a gas fireplace anchors the living room with warmth. Step out from the kitchen to your private patio, a lovely spot to sit and watch the world go by. The layout is practical and comfortable, with well-defined living spaces, storage throughout and an attached garage with convenient back-door ramp access. Recent upgrades include a fresh paint and flooring, a new furnace and A/C (2025), and an updated fridge. Walk to the beach, marina, ecology garden, farmers' market, fine dining and Cobourg's heritage downtown. Unpack and enjoy easy lakeside living!

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Closing Costs

Mortgage Amount
$468,000
Land Transfer Taxes$8,175
Legal Fees (Est.)
$
Total cash required for closing$126,675

Total Monthly Obligation

$3,710/mo
Mortgage $2,360
Monthly Loss $3,089
Principal$621
Interest$1,739
Property Tax$393
Condo Fees$757
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.2%24
10-Year IRR
9.4%
Returns Index
13.3/ 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
$35,844/yr
NOI
$16,060/yr
Net Cash Flow
-$1,021/mo
Cash Margin
-34.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.1/ 100

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

Comparables

Properties near 107 Marisa Lane 403

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.

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Data last updated within the past 24 hours.