7 University Avenue E, Cobourg

$510,000
7 University Avenue E

$510,000

New
9d
Detached2-Storey

7 University Avenue E, Cobourg

Total Monthly Obligation $2,721

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
2000-2500
DOM
9d
Score
25
Yield
6.5%
Cash on Cash
3.4%
Cap Rate
5.3%
5Y IRR
18.2%
10Y IRR
16.8%
Property Type-Detached
MLS® Number-X14030938
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-27 × 46 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,461 (2025)
Parking-1 - None
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-Re/Max Impact Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

Live In The Heart Of Cobourg! Located Within Walking Distance To Cobourg Beach, Historic Downtown Shops And More Amenities. Main Level Includes A Spacious Kitchen, Dining And Living Room Areas, And Powder Room. Primary Bedroom Features An Ensuite Bathroom, With 2 Additional Bedrooms, Seperate Full Bathroom And Laundry On The Second Level. Remodelled In 2016-2017 To Offer Over 2,000 Sq.Ft. Of Living Space. Amazing Opportunity For First-Time Home Buyers, Investors Or Anyone Looking To Live Steps Away From Downtown Cobourg.

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

Closing Costs

Mortgage Amount
$408,000
Land Transfer Taxes$6,675
Legal Fees (Est.)
$
Total cash required for closing$110,175

Total Monthly Obligation

$2,721/mo
Mortgage $2,057
Monthly Loss $2,179
Principal$541
Interest$1,516
Property Tax$288
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.7%4
5-Year IRR
13.6%62
10-Year IRR
13.4%
Returns Index
32.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$33,000/yr
NOI
$21,739/yr
Net Cash Flow
-$246/mo
Cash Margin
-8.9%1
Cash Flow Index
0.8/ 100
Risk Profile
Weight: 20%
DSCR
0.8819
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
32.2/ 100

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

Comparables

Properties near 7 University Avenue E

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.