For Sale

234 King Street, Cobourg, Ontario K9A 1L6

$985,000

234 King Street, Cobourg, Ontario K9A 1L6 is For Sale and has a listing price of 985,000. The property is located in the Cobourg neighbourhood . It's been on the website for 154 Days.

  • Triplex
    Property Type
  • 6
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12479081
  • Office Name RE/MAX ROUGE RIVER REALTY LTD.
Property 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.

Property Details
  • Bedrooms: 6
  • MLS ID: X12479081
  • Bathrooms: 3
  • Price: $985,000
  • Lot Depth: 196
  • Transaction Types: For Sale
  • Ref ID: X12479081
  • View: Ravine View, Valley View
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: King St East & D'Arcy St
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Triplex
  • Property Type: All Houses
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
10/23/2025 X12479081 $985,000 For Sale - -
03/26/2025 X12043895 $1,099,000 For Sale 10/23/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cobourg
  • $800,282 Average List Price
    based on 1 year
  • 173 New Listings
    based on 30 days
  • 47 Median Days on Market
    based on 1 year
  • List vs. Selling Price 121.21 % Up
  • Sold (12mo) 300
  • Rented (12mo) 109

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -11.5%
Walkscore
Property Type Distribution
  • All Houses
    70.84%
  • Commercial
    8.75%
  • Condo
    19.59%
  • Land for Sale
    0.81%
Additional Details
  • Heat Type Radiant
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 7
  • Exterior Brick
  • Kitchen 3
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 1
  • Taxes: $4,237
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 23/10/2025 19:08:13
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