953 Trailsview Avenue, Cobourg

$899,990
953 Trailsview Avenue

$899,990

New
2d
Detached2-Storey

953 Trailsview Avenue, Cobourg

Total Monthly Obligation $4,166

Beds
4
Baths
4
Park
2
Sqft
2500-3000
DOM
2d
Score
19
Yield
4.5%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.2%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X14104588
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-38 × 132 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$1,926.23 (2026)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-NEW CONCEPT PLUS REALTY INC.
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 Days-TBD
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

Brand new move-in ready builder inventory home! All the benefits of a new build without the wait. The sold out 38' Fitzroy design has instant curb appeal with it's bold modern exterior. Inside, this almost 3000 sq.ft. 4 bedroom home provides generous and functional living for any family. The main floor has 9' smooth ceilings with taller doors and archways to further enhance a spacious floor plan that features a den with french door, separate living room, formal dining room, open concept kitchen, breakfast area, and great room with gas fireplace. The kitchen has ample cabinetry, plenty of upgraded quartz counterspace and an island with upgraded single bowl sink and flush breakfast bar. The equally sizable breakfast area has 8' patio sliders that open directly to the large backyard. The sunlit great room provides an inviting space for all members of the family to spend time together. Upstairs, double doors open into the substantial primary bedroom, that has a huge walk-in closet and deluxe ensuite with glass shower and separate soaker tub. The 3 roomy secondary bedrooms are suitable for family and guests. In addition to the main bath, there is a 4 piece jack/jill ensuite for the 2 adjacent bedrooms. Tribute Communities master planned Cobourg Trails community is within easy reach of all that "Ontario's Feel Good Town" has to offer - schools, the Cobourg Community Centre, the neighbourhood park, walking trails, big box stores, easy access to the 401 and VIA, Hospital, quaint downtown restaurants, cafes, boutique shops and famous waterfront.*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
$719,992
Land Transfer Taxes$14,475
Legal Fees (Est.)
$
Total cash required for closing$195,973

Total Monthly Obligation

$4,166/mo
Mortgage $3,630
Monthly Loss $3,211
Principal$955
Interest$2,675
Property Tax$161
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
9.9%35
10-Year IRR
10.4%
Returns Index
18.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$40,200/yr
NOI
$29,754/yr
Net Cash Flow
-$1,151/mo
Cash Margin
-34.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
21.4/ 100

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

Comparables

Properties near 953 Trailsview Avenue

Time

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