234 King Street E Cobourg, Ontario K9A 1L6
$985,000
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 (id:61476)
Property Details
| MLS® Number | X12479081 |
| Property Type | Multi-family |
| Community Name | Cobourg |
| Equipment Type | Water Heater |
| Features | Flat Site, Sump Pump |
| Parking Space Total | 7 |
| Rental Equipment Type | Water Heater |
| Structure | Deck |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Age | 51 To 99 Years |
| Appliances | Water Meter, Stove, Refrigerator |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 196 Ft |
| Size Frontage | 45 Ft |
| Size Irregular | 45 X 196 Ft |
| Size Total Text | 45 X 196 Ft |
| Zoning Description | R5 |
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October 28 2025 12:27:30
Central Lakes Association of REALTORS®
RE/MAX Rouge River Realty Ltd.