439 Division ST Cobourg, ON K9A 3R8

Investor Alert -- Century Home in Prime Cobourg Location with Value-Add Potential! Discover a rare equity-building opportunity with this spacious semi-detached century home, ideally located directly on the main street of vibrant Cobourg. Just a short walk to Cobourg Beach, downtown shops, restaurants, and essential amenities, this 4-bedroom/2-bath home is perfectly positioned for strong appreciation and potential rental income. Built in 1846, this character-rich property blends historical charm with modern updates where they count. Key mechanical upgrades include a 100-amp breaker panel in 2010, and any old wiring was replaced in 2016, high-efficiency gas furnace in 2017, and new roof shingles in 2018. Most of the plumbing has also been updated, offering investors peace of mind and reduced upfront costs. The home features 3 bedrooms on the upper level and a main floor primary bedroom with ensuite, creating layout flexibility for multi-generational living or duplex conversion (subject to approvals). The bright upper hallway includes a cozy sitting room with southern exposure, while the updated eat-in kitchen (2025) offers clean white cabinetry and low-maintenance vinyl tile flooring. Additional features include main floor laundry, hardwood flooring in the large living room, two full bathrooms, a 15 foot covered front porch, and a quaint enclosed vestibule. Outside, the corner lot boasts a fenced backyard, mature trees, and a 12' x 20' detached garage/workshop - perfect for storage or hobby use. A double-wide driveway provides ample off-street parking. Whether you're a first-time investor, renovator, or experienced buyer looking to unlock hidden potential, this property offers the perfect canvas to create value. Zoned multi-use, this home is an ideal investment in a growing lakeside community. Previously the home has been tenanted and is now currently vacant, allowing for a flexible closing, including a quick possession if so desired. **