$985,000

Triplex

234 King Street, Cobourg, ON

146 DAYS
4+2
3
0
1500-2000
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Listed by RE/MAX ROUGE RIVER REALTY LTD.

Property Highlights

Parking

7 spaces

Property Tax

$4,237/yr

Age

51-99 yrs

Lot Size

8,820 sqft

Style

2-Storey

Basement

Full, Finished

Monthly Cost

$4,512/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$4,159
Property Tax ($4,237/yr)$353
Total$4,512

Price & Listing History

Schools

Location

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Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage