234 King Street, Cobourg, ON

$985,000
MLS#:X12479081
6 beds
3 baths
1500-2000 sqft
7.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $985,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 45 x 196 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available
  • Notable attributes: Sump Pump, Workbench
  • equipped with ["wall unit(s)"] central cooling and highly efficient radiant heating via gas

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.

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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date10/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick
Lot Size45 × 196 Feet
CountyNorthumberland
Annual Tax$4,236.71
Legal DescriptionSee Schedule 'B'

Parking & Garage

Parking Spaces7.0
Garage Spaces7
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
Cooling["Wall Unit(s)"]

Features

Property Features

Community Features

Location

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234 King Street, Cobourg, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 234 King Street E, Cobourg, ON K9A 1L6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$788,000
Monthly Mortgage$4,579
Property Tax (Est.)$353
Utilities & Maint.$350
Total Monthly Cost$5,282

Strategic Fiscal Clarity

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No current listings found in Cobourg.