219 Cochrane Street, Scugog, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Port Perry. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,898 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 61.71 x 153.78 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Other, Separate Hydro Meter, Separate Heating Controls
- Efficient baseboard heating via electric
Description
Great Value in this property located on one of Port Perry's most desirable streets, this income-generating property presents a strong addition to any real estate portfolio. Set on an expansive 61x153 ft lot, the site offers generous space and future value-driven possibilities. The building is comprised of four self-contained rental units, including two 2-bedroom suites, one 1-bedroom plus den suite, and one 1-bedroom suite - each supported by individual hydro meters for streamlined tenant billing and simplified operating costs. Positioned just a short walk from the charming downtown core and the shores of Lake Scugog, the location delivers consistent rental appeal, surrounded by independent shops, dining, schools, healthcare services, and the local hospital. With reliable income potential today and long-term opportunity ahead, this property offers both stability and strategic growth for investors. **EXTRAS** Details on current rent rates and other property specifics are available upon request. Ample parking & more all within walking distance to downtown Port Perry and Lake Scugog.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Marina, Park, Place Of Worship, Public Transit
Interior Features
Other, Separate Hydro Meter, Separate Heating Controls
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 219 Cochrane Street, Scugog, ON L9L 1M1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Scugog, ON
For a property listed at $699,898 in Scugog, the legal minimum down payment is $44,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,473 for this transaction. As this listing is in Scugog (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.