Sold for:Sold Apr 14, 2025
$1,250,000

232 James Street E

Cobourg, ON K9A 1H7

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 232 James Street E, Cobourg

2025-03-27
2025-04-14
Sold
Price
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MLS#
x12046221
2024-11-23
2025-02-05
Suspended
Price
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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 232 James Street E, Cobourg

Calling All Investors! Discover This Bright, Clean, Renovated And Well-Maintained Multiplex In The Heart Of Cobourg, Featuring Five Rental Units: Two 2-Bedroom Units And Three 1-Bedroom Units, Offering Excellent Income Potential In A Prime Location. This Property Is Thoughtfully Designed For Tenant Convenience, With Shared Laundry And A Storage Room Located In The Basement. Outside, You'll Find Ample Parking For 8 Vehicles, Ensuring Plenty Of Space For Tenants And Visitors Alike. The Building Is Surrounded By Greenspace, Providing A Serene Setting And An Added Bonus For Tenants Seeking A Peaceful Living Environment. With Its Excellent Condition And Great Location, This Multiplex Is A Fantastic Opportunity For Seasoned Investors Or Those Looking To Start Their Real Estate Portfolio. Don't Miss This Chance To Own A Solid Income Property In The Vibrant Cobourg Market. Schedule Your Viewing Today!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,469
Land Transfer Tax Fee
$21,475

Basement Type
Partially Finished, Walk-Up

Interior Features

Interior Extras
Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
63.31 ft
Lot Depth
176.33 ft

Parking & Garages

Garage Type
None
Garage Spaces
8
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
6 + 1
Washrooms
6
Kitchens
5

Washrooms

  • 4-piece, Second
  • 4-piece, Ground
  • 4-piece, Basement
  • 2-piece, Basement

Municipality
Cobourg
Neighbourhood
Cobourg
Main cross streets
Division St & King St E
Directions
East on James St E from Henry St

MLS® number
X12046221
Data source
Toronto Regional Real Estate Board
Status change
2025-04-14
Listed on
2025-03-27
Days on market
18 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
DAN PLOWMAN TEAM REALTY INC.

Home Market Value

Current home valuation for 232 James Street E, Cobourg, Cobourg, ON. Listed for $1,250,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 232 James Street E, Cobourg

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

$
Cobourg, ON
Minimum Down Payment Required:8.0%

5% on first $500K + 10% on $750,000 over $500K

Minimum down payment

$100,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$46,000$34,875$29,750$0
=Total mortgage
$1,196,000$1,159,875$1,092,250$1,000,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,839monthly$5,663monthly$5,333monthly$4,883monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$21,475

Total Land Transfer Tax

$21,475

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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