Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

234 King Street E, Cobourg, ON K9A 1L6 (King St East & D'Arcy St)
$ 985000 - MLS : X12479081

From Our Gallery

Description

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 Description

King St East & D'Arcy St

Property Detail

Community: Cobourg
Property Type: Tenant/Residential Freehold
Bedrooms: 6
Bath: 3
Garages: None
Annual Property Taxes : $ 4236.71

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete Block
Counstruction Material : Brick
Total Parking Space : 7
Parking Type : None

Amenities

Heating : RadiantGas
Sewer : Sewer ,

Listing Contracted With: RE/MAX Rouge River Realty Ltd.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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