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Royal LePage
Royal LePage
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$985,000

Cobourg ON, K9A 1L6

MLS® # X12479081

Property Information:

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:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Water meter, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4+2
  • Bathrooms: 3
  • Features: Flat site, Sump Pump
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 196.0 Feet
  • Lot Frontage: 45.0 Feet
  • Lot Size: 45 x 196 FT
  • Structure Type: Deck
  • Zoning: R5
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 7

Courtesy of: RE/MAX ROUGE RIVER REALTY LTD.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 234 KING STREET E, Cobourg, Ontario, K9A 1L6

Demographic Information of 234 KING STREET E, Cobourg, Ontario, K9A 1L6

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$112,669.56

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.17 %

High school certificate or equivalent

34.74 %

Apprenticeship trade certificate/diploma

4.6 %

College/non-university certificate

23.7 %

University certificate (below bachelor)

1.56 %

University Degree

20.22 %

Commuter

Travel To Work

By Car

84.06 %

By Public Transit

0.66 %

By Walking

7.49 %

By Bicycle

0.0 %

By Other Methods

7.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.75 %

Houses

75.25 %

Own Vs. Rent

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