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$1,099,000Asking Price

234 King Street, Cobourg, ON K9A 1L6

Cobourg, Cobourg

Triplex
4 + 2
Bedrooms
3
Baths
7
Parking
Days on Market

Discover your ideal investment opportunity with this stunning triplex in a prime location! This property features three beautiful two-bedroom apartments designed for comfort and style, showcasing original hardwood flooring. Its just a short walk to Cobourgs famed beach, vibrant downtown, charming parks, and various restaurants. The top apartment is vacant for those looking to move in and start their investment portfolio. The main floor unit has ductless A/C and was repainted throughout in 2023. The water and sewer updates were completed in 2024. There is ample parking, and it is zoned R5, providing future growth potential. The main floor apartment rents for $2000, the lower apartment rents for $1150 and the upstairs is vacant. Don't miss the chance to own this incredible property that offers excellent future investment potential.

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Discover your ideal investment opportunity with this stunning triplex in a prime location! This property features three beautiful two-bedroom apartments designed for comfort and style, showcasing original hardwood flooring. Its just a short walk to Cobourgs famed beach, vibrant downtown, charming parks, and various restaurants. The top apartment is vacant for those looking to move in and start their investment portfolio. The main floor unit has ductless A/C and was repainted throughout in 2023. The water and sewer updates were completed in 2024. There is ample parking, and it is zoned R5, providing future growth potential. The main floor apartment rents for $2000, the lower apartment rents for $1150 and the upstairs is vacant. Don't miss the chance to own this incredible property that offers excellent future investment potential.

Key Info

  • 2-Storey Triplex
  • 4+ Parking
  • No Garage
  • King St East & D'Arcy St
  • 51-99 Years Approximate Age
  • No Ensuite Laundry
  • Radiant Gas Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,236 in 2024
  • Possession: Flexible

Details

  • Brick Exterior
  • No Fireplace
  • 3 + 1 Kitchens
  • Green Property Info Statement
  •  
  • MLS #X12043895
  • RE/MAX LAKESHORE REALTY INC.

Extras

Room Floor Dimensions Details
Washroom2 4-Piece Bathrooms
Washroom1 3-Piece Bathroom

Who lives here?

Cobourg, Cobourg is an east GTA neighbourhood.

Families

Kids Per Family

0.8

kids per family
in the neighbourhood.

Cobourg  (0.8)

Singles

42% of residents are
single and loving it.

42% singles

Cobourg (42%)

Renters

30% of residents
are renters.

30% renters

Cobourg (30%)

Education

23% of residents are
university grads.

23% university grads

Cobourg (23%)

Income

Average Household Income

$98K

is the average household
income in the neighbourhood.

Cobourg  ($98K)

Professions

Professions

Sales 13%
Government 9%
Business 8%
Trades 7%
Management 5%

Immigrants

12% of residents were
born outside of Canada.

12% immigrants

Cobourg (12%)

Birthplace - All

UK was once home to 5.4% of immigrants.
USA 1.0%
Germany 0.7%
Netherlands 0.6%
Caribbean 0.5%

5.4% from UK
All-time

Birthplace - Recent

India was once home to 0.1% of immigrants.

0.1% from India
Recent

Foreign Languages

Foreign Languages

French 2%
German 1%
Dutch 1%
Italian 1%

Religions

Religions

Christian 71%