433 Cottesmore Avenue W Cobourg, Ontario K9A 4E4
$579,900
Prime investment opportunity in the heart of Cobourg. This fully renovated and exceptionally maintained triplex features three updated one-bedroom units, each offering modern finishes and efficient layouts. With separate hydro meters, tenants have full control over their utility usage, reducing overhead costs and increasing appeal. Located on a spacious 71' x 142' lot, the property includes private outdoor areas, ample parking for residents and guests, and shared access to a basement with laundry facilities and abundant storage space. Recent upgrades include a forced-air gas furnace (2016), new shingles (2017), copper plumbing, and a 200-amp electrical service. These improvements enhance energy efficiency and minimize maintenance expenses, making this a truly turn-key investment. Currently generating $4,658 per month in net rental income, the units are tenanted as follows: Unit 1 at $1125/month, Unit 2 at $1733/month, and Unit 3 at $1800/month. Unit 3 is currently vacant, allowing for immediate occupancy or the ability to secure a new tenant at market rate. Each unit is self-contained, bright, and well-appointed, ensuring continued demand and low vacancy. Priced to sell, this is an ideal opportunity for investors seeking steady cash flow and long-term appreciation in one of Ontario's most desirable small towns. Floor plans are available for review. Don't miss your chance to add this solid income property to your portfolio. (id:60365)
Property Details
| MLS® Number | X12273256 |
| Property Type | Single Family |
| Community Name | Cobourg |
| Features | Irregular Lot Size, In-law Suite |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Stove, Refrigerator |
| BasementType | Full |
| ConstructionStyleAttachment | Detached |
| CoolingType | Wall Unit |
| ExteriorFinish | Vinyl Siding |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 143 Ft ,8 In |
| SizeFrontage | 71 Ft ,3 In |
| SizeIrregular | 71.3 X 143.7 Ft |
| SizeTotalText | 71.3 X 143.7 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.35 m | 3.12 m | 3.35 m x 3.12 m |
| Second Level | Den | 3.66 m | 2.4 m | 3.66 m x 2.4 m |
| Second Level | Kitchen | 2.1 m | 2.4 m | 2.1 m x 2.4 m |
| Second Level | Living Room | 5.18 m | 4.27 m | 5.18 m x 4.27 m |
| Second Level | Bedroom | 4.27 m | 3.05 m | 4.27 m x 3.05 m |
| Basement | Laundry Room | 4.97 m | 4.97 m x Measurements not available | |
| Main Level | Den | 2.14 m | 3.66 m | 2.14 m x 3.66 m |
| Main Level | Kitchen | 4.88 m | 3.66 m | 4.88 m x 3.66 m |
| Main Level | Dining Room | 4.88 m | 3.66 m | 4.88 m x 3.66 m |
| Main Level | Bedroom | 3.05 m | 3.05 m | 3.05 m x 3.05 m |
| Main Level | Kitchen | 2.24 m | 4.72 m | 2.24 m x 4.72 m |
| Main Level | Living Room | 3.05 m | 4.72 m | 3.05 m x 4.72 m |
https://www.realtor.ca/real-estate/28581110/433-cottesmore-avenue-w-cobourg-cobourg
Jason Calvin Vaz
Salesperson
6311 Main Street
Stouffville, Ontario L4A 1G5
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July 09 2025 05:41:36
Toronto Real Estate Board
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