Listed for:Listed 2 days ago
$149,900

19 Prospect Avenue

Cobalt, ON P0J 1C0

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 19 Prospect Avenue, Cobalt

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 19 Prospect Avenue, Cobalt

Summarized Description

  • Fully rented duplex with two spacious units.
  • Each unit has its own in-unit laundry.
  • New roof installed in 2025 for durability.
  • High-efficiency gas boiler for heating.
  • Both units have front balconies for outdoor space.
  • Separately metered hydro for each unit.
  • Excellent opportunity for income property investment.
  • Additional storage space for landlord convenience.

Looking to add a solid income property to your investment portfolio? This fully rented duplex offers two spacious, well-appointed units, each with its own front balcony, in-unit laundry and separately metered hydro! The main-floor unit features 3 bedrooms and plenty of storage, while the generous upper-level unit offers 2 bedrooms, a storage room and convenient kitchen pantry. Recent improvements include a new roof (2025), while a high-efficiency on-demand gas boiler provides heating. The lower level features a separate side entrance, mechanical room and additional storage space for the landlord. Complete with two sets of fridges, stoves, washers and dryers! With both units currently rented, this is an excellent opportunity to add an established income property to your portfolio. Don't miss out!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,177
Land Transfer Tax Fee
$1,224

Rental Items

Rental Equipment
Reliance Boiler and HWT: $282.82/month
Under Contract
Hot Water Tank-Gas, On Demand Water Heater

Basement Type
Walk-Out, Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
On Demand Water Heater
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Patio
Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Rolled
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
58.00 ft
Lot Depth
131.60 ft

Inclusions

Inclusions
2x Fridges, 2x Stoves, 2x Washer & 2x Dryers (all in as-is condition).

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Water
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
5
Washrooms
2
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Dining Room—
    Second level
  • Bedroom 2—
    Second level
  • Bedroom 3—
    Main level
  • Bedroom—
    Second level
  • Living Room—
    Main level
  • Family Room—
    Main level
  • Bedroom 2—
    Main level
  • Bedroom—
    Main level
  • Kitchen—
    Second level
  • Living Room—
    Second level
  • Kitchen—
    Main level, Eat-in Kitchen
  • Other—
    Second level
  • Pantry—
    Second level

Washrooms

  • 3-piece, Main
  • 4-piece, Upper

Municipality
Cobalt
Neighbourhood
Cobalt
Main cross streets
Corner of Jamieson and Prospect
Zoning
C
Directions
Corner of Jamieson and Prospect
Waterfront
None

MLS® number
T14029626
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-13
Updated on
2026-10-15
Days on market
2 days
Possession date
2026-10-30
Possession type
Flexible
Co-op commission
2.0
Seller
Listed by
CENTURY 21 TEMISKAMING PLUS BROKERAGE

Home Market Value

Current home valuation for 19 Prospect Avenue, Cobalt, Cobalt, ON. Listed for $149,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 19 Prospect Avenue, Cobalt

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Cobalt, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$7,495

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$5,696$4,182$3,568$0
=Total mortgage
$148,101$139,092$130,983$119,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$723monthly$679monthly$640monthly$586monthly
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Land Transfer Tax

Provincial

$1,224

Total Land Transfer Tax

$1,224

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