$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. Fully tenanted, this is a true turnkey investment offering immediate and consistent rental income. Recent updates provide added peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, the property also presents 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 rents for $1,900 per month. Don't miss your chance to secure a prime Cobourg investment that combines strong income, long-term potential, and an unbeatable 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. Fully tenanted, this is a true turnkey investment offering immediate and consistent rental income. Recent updates provide added peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, the property also presents 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 rents for $1,900 per month. Don't miss your chance to secure a prime Cobourg investment that combines strong income, long-term potential, and an unbeatable 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
- 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 | |||
How Far is Too Far?
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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% |
