234 King Street E
Cobourg, Cobourg, K9A 1L6
$985,000
- 4+2 bedrooms
- 3 bathrooms
- 7 parking
- 1500-2000 sq ft
Listed 362 days ago · MLS® X12479081
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.
Details
- Type
- Triplex
- Style
- 2-Storey
- Age
- 51-99 years
- Size
- 1500-2000 sq ft
- Lot
- 45 × 196 ft
- Basement
- Full, Finished
- Garage
- None
- Kitchens
- 3
- Property tax
- $4,237 (2024)
- Neighbourhood
- Cobourg
- Municipality
- Cobourg
Interior
- Bedrooms
- 4 above ground + 2 below
- Bathrooms
- 2 × 4-piece, 1 × 3-piece (basement)
- Kitchens
- 3 (1 below ground)
- Rooms
- 12 above ground + 7 below
- Family room or den
- No
- Fireplace
- No
- Features
- Sump Pump, Workbench
Heating, cooling and services
- Heating
- Radiant, Gas
- Air conditioning
- Wall Unit(s)
- Water and sewer
- Sewer
Building and exterior
- Style
- 2-Storey
- Exterior
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Age
- 51-99 years
- Faces
- North
- Outdoor
- Deck
Parking
- Total parking
- 7
- Driveway and parking
- Available
Lot
- Size
- 45 × 196 ft (rectangular)
More
- Possession
- Flexible
- Cross street
- King St East & D'Arcy St
History of this address
3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 2 grocery stores, 17 cafés and restaurants, 6 parks, 1 pharmacy. Nearest grocery: The Market & Smør (600 m). Nearest park: Victoria Park (550 m).
Schools nearby
Elementary
- C.R. Gummow Public School
EQAO: Gr 6 reading 89%, math 53%6 min walk - St. Michael Catholic Elementary School Catholic
EQAO: Gr 6 reading 94%, math 44%15 min walk - Merwin Greer School
EQAO: Gr 6 reading 80%, math 35%1.3 km - St. Joseph Catholic Elementary School Catholic
EQAO: Gr 6 reading 80%, math 27%2.0 km
Secondary
- Cobourg Collegiate Institute
EQAO: Gr 9 math 53%, literacy test 81%6 min walk - Northumberland Centre for Individual Studies1.7 km
- St. Mary Catholic Secondary School Catholic
EQAO: Gr 9 math 57%, literacy test 75%2.5 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K9A
- Owners / renters
- 74% / 26%
- Median household income
- $82,000
- Average age
- 49
- Children under 15
- 13%
- Homes
- 65% detached, 3% high-rise
- Commute by transit
- 1%
- Population
- 26,757
Languages spoken most at home besides English: Arabic 0.3%, Korean 0.2%, Mandarin 0.1%, Tagalog (Pilipino, Filipino) 0.1%.
Safety
Crime Severity Index for Cobourg police: 85 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX Rouge River Realty Ltd..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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