This prime investment opportunity presents a meticulously maintained and modernized triplex in the heart of Cobourg. Each unit has been extensively updated, offering a hassle-free experience for property owners and tenants alike. With separate hydrometers, tenants enjoy full independence over their utilities, and the cozy one-bedroom units provide comfortable and efficient living spaces. The shared basement includes laundry facilities and ample storage. Key upgrades, such as a forced-air gas furnace (2016), new shingles (2017), copper plumbing, and a 200-amp electrical service, ensure energy efficiency, reliability, and low maintenance costs. Situated on a spacious 71' x 142' lot, the property features private outdoor spaces, shared community areas, and ample parking for residents and visitors. Generating a net rent of $4,658 per month, this triplex offers an exceptional return on investment. Floor plans are attached for your review. **EXTRAS** TRIPLEX., 3 updated single bedroom units. Unit 1: $1125/month Units 2: $1733/Month Unit 3: $1800/month all units have separate hydro meters. Unit 3 is currently vacant for easy showings.
Data was last updated February 23, 2025 at 05:55 AM (UTC)
Area Statistics
Listings on market:
96
Avg list price:
$949,500
Min list price:
$479,900
Max list price:
$3,249,000
Avg days on market:
26
Min days on market:
1
Max days on market:
415
These statistics are generated based on the current listing's property type
and located in
Cobourg. Average values are
derived using median calculations.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.