NewFor sale 50$985,000
234 King Street East
Cobourg, Ontario K9A1L6
For sale· Added
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.
Location
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Property details
Listing
- MLS® number
- X12479081
- Added
- Oct 23, 2025 ()
- Updated
- Mar 16, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Triplex
- Storeys
- 2
Inside
- Bedrooms
- 4+2
- Bathrooms
- 3
- Heating
- Radiant heat, Natural gas
- Cooling
- Wall unit
- Fireplace
- No
- Appliances
- Refrigerator, Water meter, Stove
- Features
- Flat site, Sump Pump
Building
- Basement
- Finished, Full
- Exterior
- Brick
- Foundation
- Block
- Parking
- No Garage · 7 spaces
Land
- Lot size
- 45 x 196 ft
- Zoning
- R5
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- King St East & D'Arcy St
- Directions
- See GPS.
Running costs
- Annual property tax
- $4,237
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