234 King Street E, Cobourg, ON K9A 1L6
Cobourg · Near King St East & D'Arcy St · View map
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.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 12
- Basement
- Full, Finished
- Lot size
- 45 x 196 ft
- Faces
- North
- View
- Downtown
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Air conditioning
- Wall Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 7
- Total parking
- 7
- Parking features
- Available
Taxes & other
- Property taxes
- $4,237/yr
- Tax year
- 2024
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- King St East & D'Arcy St
- Neighbourhood
- Cobourg
More
- Price per sq ft
- ~$563 (at 1,750 sq ft)
- MLS® number
- X12479081
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The home and its surroundings
- Sump Pump
- Workbench
- Deck
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
234 King Street, Cobourg, ON K9A 1L6
Cobourg · Near King St East & D'Arcy St
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Listing history for 234 King Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 234 King Street E
Answers come straight from this home’s MLS® listing.
How much is 234 King Street E listed for, and what would it cost each month?
234 King Street E is listed for $985,000. With 20% down ($197,000), the mortgage payment would be roughly $3,973 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,326 a month, all in. That figure is an illustration, not a quote.
Is 234 King Street E freehold or a condo, and is there a monthly fee?
234 King Street E is a triplex in Cobourg. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 234 King Street E have?
234 King Street E has 4 bedrooms, plus 2 more bedrooms in the basement, and 3 bathrooms. The listing gives the style as 2-storey.
Does 234 King Street E have a garage and parking?
The listing does not show a garage. The driveway adds 7 spaces. In total the listing counts 7 parking spaces.
Does 234 King Street E have a finished basement?
The listing describes the basement as full, finished. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 234 King Street E?
234 King Street E is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 234 King Street E, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 45 x 196 ft.
How is 234 King Street E heated and cooled?
Heating is radiant (gas). Cooling is wall unit(s).
What are the property taxes for 234 King Street E?
Property taxes are $4,237 a year (2024), or about $353 a month.
Where is 234 King Street E?
234 King Street E is in Cobourg. The nearest main intersection is King St East & D'Arcy St. The postal code is K9A 1L6.
Is 234 King Street E still for sale?
Yes. It is an active listing (MLS® X12479081). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 234 King Street E asking?
Similar properties for sale nearby right now include 509 George Street at $890,000 (4 bed), 492 Trevor Street at $759,990 (4 bed) and 1042 Denton Drive at $729,990 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 234 King Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 234 King Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Cobourg, picked by style, size and price.
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Detached home$759,990492 Trevor Street, Cobourg4 bed · 3 bath · CobourgCourtesy of: NEW CONCEPT PLUS REALTY INC.View home →
Detached home$729,9901042 Denton Drive, Cobourg4 bed · 3 bath · CobourgCourtesy of: NEW CONCEPT PLUS REALTY INC.View home →Courtesy of: RE/MAX Rouge River Realty Ltd.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.