$985,000Asking Price
234 King Street E, Cobourg, ON K9A 1L6
Cobourg, Cobourg
Discover the perfect addition to your portfolio with this beautifully maintained triplex, ideally located just a short stroll from Cobourg's renowned beach, vibrant downtown, picturesque parks, and popular restaurants.This property features three charming two-bedroom apartments, each designed for comfort and character, with original hardwood flooring adding timeless appeal. The top unit is vacant, offering an excellent opportunity for an owner-occupier or immediate tenant placement. Recent updates ensure peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, this property also offers exciting potential for future growth and development.The main-floor apartment currently rents for $2,000 per month, the lower unit rents for $1,150 per month, and the upper unit is vacant. Don't miss your chance to secure a prime Cobourg investment that blends strong rental income, future potential, and a highly desirable location
Discover the perfect addition to your portfolio with this beautifully maintained triplex, ideally located just a short stroll from Cobourg's renowned beach, vibrant downtown, picturesque parks, and popular restaurants.This property features three charming two-bedroom apartments, each designed for comfort and character, with original hardwood flooring adding timeless appeal. The top unit is vacant, offering an excellent opportunity for an owner-occupier or immediate tenant placement. Recent updates ensure peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, this property also offers exciting potential for future growth and development.The main-floor apartment currently rents for $2,000 per month, the lower unit rents for $1,150 per month, and the upper unit is vacant. Don't miss your chance to secure a prime Cobourg investment that blends strong rental income, future potential, and a highly desirable location
See MoreKey Info
- 2-Storey Triplex
- 4+ Parking
- No Garage
- King St East & D'Arcy St
- 1500-2000 Approximate Sq Feet
- 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
- MLS #X12479081
- RE/MAX ROUGE RIVER REALTY LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 2 4-Piece Bathrooms | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
Cobourg, Cobourg is an east GTA neighbourhood.
Families
Kids Per Family
0.8
kids per family
in the neighbourhood.
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.
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
5.4% from UK
All-time
Birthplace - Recent
0.1% from India
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| German | 1% |
| Dutch | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 71% |
