92 Orange St

Cobourg, Cobourg, K9A 2L3
FOR SALE
$1,099,000
92 Orange St, Cobourg
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
92 Orange St
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4
BEDROOMS
4
BATHROOMS
3
KITCHENS
12
ROOMS
X9349075
MLSID
Contact Us
Property Description
Beautifully Maintained Income Property with Charm, Centrally Located in Downtown Cobourg. Just a Stroll Away from Beaches and Marina and all the Shops and Restaurants on King St. This Property Features Three Units Generating a Combined Annual Income of over $60000. One Unit is Newly Constructed while Two Others Have Been Recently Renovated. The Units Consist of One 2 Bedroom + Den with 1.5 Bath, One 1 Bedroom with 1 Bath, and One 1 Bedroom + Den with 1 Bath. Room to Grow with this Property: a Bachelor Unit could be added, or the two One bedroom Units could be easily returned to a Single Family Home. Zoning allows for 4 Units, Property also well-suited for a Multi-Generational Family. Recent Upgrades Include: Windows, Steel Roof, Plumbing, and Electrical. Additionally, the Property Offers an Attached 2-Car Garage, Workshop/Storage, Four Outside Parking Spots, and a Spacious Garden with Shed. (36762918)
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-19 2024-08-30 15 $1,900 $1,900 Leased
Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
46' x 230'
Fronting
North
Taxes
$5,663 (2024)
Basement
Full, Unfinished
Exterior
Board/Batten, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Cobourg Market Statistics
Cobourg Price Trend
92 Orange St is a 4-bedroom 4-bathroom home listed for sale at $1,099,000, which is $366,500 (50.0%) higher than the average sold price of $732,500 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Cobourg increased by $38,750 (5.6%) compared to the previous 30 day period (July 20 - August 18) and down $94,676 (11.4%) from the same time one year ago.
Inventory Change
There were 17 4-bedroom homes listed in Cobourg over the last 30 days (August 19 - September 17), which is up 21.4% compared with the previous 30 day period (July 20 - August 18) and up 88.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Cobourg typically sold ($11,950) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $14,450 decrease compared to the previous 30 day period (July 20 - August 18) and $7,632 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Cobourg over the last 30 days (August 19 - September 17) stood at 11.8%, down from 28.6% over the previous 30 days (July 20 - August 18) and down from 377.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Cobourg stood at 23 days when successfully sold over the last 30 days (August 19 - September 17), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark First Group Realty Ltd.
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