Home with brick exterior material, street for 234 King St, Cobourg Ontario K9A 1L6
37 days on Market

234 King St, Cobourg, Ontario K9A 1L6

Townhouse
4 + 2
3
- sqft
$1,099,000
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Townhouse
4 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,720/mo

Tax Amount (2024)$4,237/yr

Days On Market37 days


Description

Discover your ideal investment opportunity with this stunning triplex in a prime location! This property features three beautiful two-bedroom apartments designed for comfort and style, showcasing original hardwood flooring. Its just a short walk to Cobourgs famed beach, vibrant downtown, charming parks, and various restaurants. The top apartment is vacant for those looking to move in and start their investment portfolio. The main floor unit has ductless A/C and was repainted throughout in 2023. The water and sewer updates were completed in 2024. There is ample parking, and it is zoned R5, providing future growth potential. The main floor apartment rents for $2000, the lower apartment rents for $1150 and the upstairs is vacant. Don't miss the chance to own this incredible property that offers excellent future investment potential.


Property Details

Style2-Storey
ViewDowntown
Age of property51-99
SqFt-
Lot Size8,820 SqFt(196 x 45)
Parking Spaces7
MLS ®NumberX12043895
Community NameCobourg
Data SourceTRREB
Listing byRE/MAX LAKESHORE REALTY INC.

Features

Heating: Radiant
Cooling: Wall Unit
Basement: Full, Finished

Features

Lot size: 8,820 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property listed by RE/MAX LAKESHORE REALTY INC., Brokerage
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Market Data - Cobourg

Geo Zone Map ThumbnailCobourg

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2024

18 days

2023

59 days

2022

22 days

New Listings

Past 30 days

9 listings

Compared to

2024

12 listings

2023

3 listings

2022

7 listings

Units sold

Past 30 days

2 units

Compared to

2024

3 units

2023

1 unit

2022

6 units

Median Sold Price

Past 30 days

$930,000

Compared to

2024

$731,000

2023

$732,000

2022

$725,000


Population and Demographics

Overview

Total population 19848
Average household income $114,079

Age (%)

65 and plus
33%
50 to 64
21%
0 to 19
17%
35 to 49
15%
20 to 34
14%

Household composition (%)

Single family
63%
Single person
34%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
94%
Others
4%
French
2%

House tenancy (%)

Owners
68%
Renters
32%

Schools and amenities

Estimated Budget