524 Worden Street, Cobourg

$639,990
524 Worden Street

$639,990

New
2d
Att/Row/Townhouse2-Storey

524 Worden Street, Cobourg

Total Monthly Obligation $3,100

Beds
4
Baths
3
Park
1
Sqft
1500-2000
DOM
2d
Score
22
Yield
5.3%
Cash on Cash
0.2%
Cap Rate
4.6%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Att/Row/Townhouse
MLS® Number-X14101230
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20 × 140 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$1,724.43 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-NEW CONCEPT PLUS REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-90 days/TBD
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

Cobourg's Best Value! Brand new 4 bedroom Freehold Townhome in Cobourg Trails. Built by award winning Tribute Communities, this move-in ready Builder Inventory home sits on a premium 140'deep lot. The Amherst design features 9' smooth ceilings on the main floor with taller doors and archways. From the private enclosed front porch, enter into the spacious foyer with double closet and powder room. The bright, open concept main floor also features the kitchen, dining area and great room with 6' patio sliders to the backyard. The kitchen has granite counters, an island with flush breakfast bar, modern 36" upper cabinets, and includes stainless fridge, stove and dishwasher. The single garage has a bonus exterior side door to provide direct access to the rear yard. The oak staircase has been stained to match the durable laminate flooring. The primary bedroom features double door entry, a walk-in closet and ensuite bath with upgraded glass shower. With schools and the Cobourg Community Centre nearby, Cobourg Trails is also just minutes from the 401, VIA Rail Station, and the historic downtown - with specialty restaurants, boutique shopping and famous waterfront. Tribute Communities new master-planned community provides the perfect balance of small town living with everyday amenities and conveniences for your family.*This new home qualifies for the new enhanced HST rebate which has been included in the purchase price. Purchaser must be eligible for the rebate and eligible to assign it to the Vendor, as determined by the applicable governmental authorities, or must otherwise pay the full HST on closing and independently apply for the rebate after closing. Please ask Sales Representative about other builder inventory and pre-construction homes.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$511,992
Land Transfer Taxes$9,275
Legal Fees (Est.)
$
Total cash required for closing$138,773

Total Monthly Obligation

$3,100/mo
Mortgage $2,582
Monthly Loss $2,421
Principal$679
Interest$1,902
Property Tax$144
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.9%2
5-Year IRR
11.7%48
10-Year IRR
11.9%
Returns Index
25.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$33,900/yr
NOI
$24,286/yr
Net Cash Flow
-$558/mo
Cash Margin
-19.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
27.8/ 100

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

Comparables

Properties near 524 Worden Street

Time

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Data last updated within the past 24 hours.