Listed for:Listed Apr 28, 2026
$395,000

2 Pyrite Street

Cobalt, ON P0J 1C0

Multiplex For Sale
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Sale & Price History for 2 Pyrite Street, 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 2 Pyrite Street, Cobalt

Summarized Description

  • Four-plex with fully renovated units.
  • Turnkey investment opportunity available.
  • Annual rents total $49,800.
  • Durable construction with low maintenance.
  • Three identical units with in-unit laundry.
  • Individual hydro meters for tenants.
  • Modified basement unit with two bedrooms.
  • Solid building with concrete hallways.

Well-built, purpose-designed four-plex, an excellent addition to any investment portfolio! Constructed with durability in mind, this solid building features concrete block hallways, front and rear entrances, a tin roof, updated windows, and a low-maintenance stucco exterior. Three of the four units share identical layouts: 3 bedrooms, a spacious living room, large dining area, kitchen, 4-piece bath, and in-unit laundry. One basement unit has been modified to include 2 bedrooms (instead of 3) due to the utility/metre room. All units have been fully renovated within the past 10 years and feature individual hydro meters, 3 of 4 tenants pay their own utilities. Annual rents total: $61,200...with a net income of $42,719.44. A turnkey opportunity with additional income potential, don't miss out!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$10,433
Land Transfer Tax Fee
$4,400

Rental Items

Rental Equipment
None.
Under Contract
None

Basement Type
Finished, Full

Interior Features

Laundry Level
Main Level
Interior Extras
Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater Owned
View
Forest
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Year Round Living
Pool
None
Other Structures
None

Building

Building Type
Multiplex
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Stucco (Plaster)
Roof
Metal
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
105.03 ft
Lot Depth
156.84 ft
Lot Size
14339
Lot Shape
Irregular

Inclusions

Inclusions
None.

Exclusions

Exclusions
None.

Parking & Garages

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

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Window Unit(s)
Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
6 + 5
Washrooms
4
Kitchens
4

Room sizes

  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Bedroom 3—
    Main level
  • Laundry—
    Main level

Washrooms

  • 4-piece, Main
  • 4-piece, Lower

Municipality
Cobalt
Neighbourhood
Cobalt
Main cross streets
Corner of Cambrian Ave and Pyrite St
Zoning
R
Directions
Corner of Cambrian Ave and Pyrite St

MLS® number
T13056686
Data source
Toronto Regional Real Estate Board
Listed on
2026-04-28
Updated on
2026-10-15
Days on market
175 days
Possession date
2026-05-29
Possession type
Flexible
Co-op commission
2.0
Seller
Listed by
CENTURY 21 TEMISKAMING PLUS BROKERAGE

Home Market Value

Current home valuation for 2 Pyrite Street, Cobalt, Cobalt, ON. Listed for $395,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 2 Pyrite Street, 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

$19,750

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$15,010$11,021$9,401$0
=Total mortgage
$390,260$366,521$345,151$316,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,905monthly$1,790monthly$1,685monthly$1,543monthly
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Land Transfer Tax

Provincial

$4,400

Total Land Transfer Tax

$4,400

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