49 Ballantine Street, Cobourg

$588,000
49 Ballantine Street

$588,000

New
2d
Att/Row/TownhouseBungalow-Raised

49 Ballantine Street, Cobourg

Total Monthly Obligation $3,116

Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
2d
Score
20
Yield
5.4%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Att/Row/Townhouse
MLS® Number-X14101446
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-26.34 × 271.42 ft
Listed on site-Oct 21, 2026
Style-Bungalow-Raised
Building Type-Att/Row/Townhouse
Taxes-$4,429 (2025)
Parking-2 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX Rouge River Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE CONTACT LISTING AGENT
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

Exceptionally well located, this 2 bed, 2 bath raised bungalow with a walk-out basement and deep, green backyard is moments to shops, schools, the 401 and beautiful Cobourg Beach. Pride of ownership is evident from the moment you approach. Enter from the attached garage or via the welcoming front porch and entryway. Upstairs, a light and bright living/dining room with a functional, updated kitchen, featuring a 36" fridge, microwave with pullout fan, and Blanco granite sink. A 4 piece bathroom and 2 good sized bedrooms complete this level. The walkout basement features easy garage access, a crawl space for storage, the laundry room, a 3 piece bathroom as well as a bonus recreational room and additional bedroom. Outside, find the large deck with gas bbq hookup, sun shelter and a deep, grassy backyard with landscaping and a pear tree - a peaceful setting for al fresco dining and entertaining. Charming and private - a wonderful, easy living option!

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

Closing Costs

Mortgage Amount
$470,400
Land Transfer Taxes$8,235
Legal Fees (Est.)
$
Total cash required for closing$127,335

Total Monthly Obligation

$3,116/mo
Mortgage $2,372
Monthly Loss $2,492
Principal$624
Interest$1,748
Property Tax$369
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.0%36
10-Year IRR
10.6%
Returns Index
18.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$31,500/yr
NOI
$19,421/yr
Net Cash Flow
-$753/mo
Cash Margin
-28.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
26.4/ 100

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

Comparables

Properties near 49 Ballantine Street

Time

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Data last updated within the past 24 hours.