This legal 2-unit raised bungalow offers an exceptional opportunity for investors, multigenerational families, or buyers looking to offset their mortgage through house hacking. With two self-contained 2-bedroom units, this property provides versatility, functionality & strong income potential. Previously rented for $2,050/mo + utilities upstairs & $1,750/mo + utilities downstairs, generating $3,800/mo net rent with tenants paying all utilities. The bright upper unit features a spacious open concept kitchen, living & dining layout designed for comfortable living & entertaining. Large windows fill the space with natural light, while the practical layout creates a warm & inviting atmosphere. The upper level also includes private laundry, stainless steel appliances & 2 well-sized bedrooms, making it ideal for owner occupancy or quality tenants. The legal lower apartment offers an excellent secondary living space with 2 bedrooms plus an open concept kitchen & living area. Exceptionally high ceilings & huge above-grade windows create a bright, spacious feel rarely found in lower units. Whether used for extended family, adult children, in-laws, or rental income, the lower unit adds great flexibility & long-term value. The home is built on a solid poured concrete foundation. Furnace (2022) & roof (2025) provide added peace of mind. Outside, the extra-deep, fully fenced lot offers ample outdoor space for children, pets, entertaining, or gardening. A large shed provides excellent additional storage, while parking for up to 3 vehicles adds convenience for both owners & tenants alike. Ideal for buyers entering the market with rental income support, investors seeking a turnkey income property, or families wanting separate yet connected living arrangements under one roof. Legal 2-unit properties remain in high demand & are rarely available in Cobourg. This home offers the rare combination of practicality, income potential & lifestyle flexibility. Home is virtually staged. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Living Area (Min):
700 sq. ft.65 m2
Living Area (Max):
1,100 sq. ft.102 m2
Taxes:
$3,658.27 /
-
Community:
Cobourg
Exterior Features:
Brick, Vinyl siding
Structure Type:
House
Appliances Included:
Washer, Dishwasher, Dryer, Two stoves, Two Refrigerators
Data was last updated July 9, 2026 at 01:15 AM (UTC)
Area Statistics
Listings on market:
193
Avg list price:
$692,000
Min list price:
$239,000
Max list price:
$3,975,000
Avg days on market:
35
Min days on market:
1
Max days on market:
246
Avg price per sq.ft.:
$286.73
These statistics are generated based on the current listing's property type
and located in
Cobourg. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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