Listed for:Listed Oct 23, 2025
$985,000

234 King Street E

Cobourg, ON K9A 1L6

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 234 King Street E, Cobourg

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 234 King Street E, Cobourg

Summarized Description

  • Beautifully maintained triplex in Cobourg.
  • Three charming two-bedroom apartments available.
  • Vacant top unit ideal for owner-occupier.
  • New water and sewer lines installed in 2024.
  • Strong rental income from current tenants.
  • Ample parking and R5 zoning for development.
  • Close to beach, downtown, parks, and restaurants.

Discover the perfect addition to your portfolio with this beautifully maintained triplex, ideally located just a short stroll from Cobourg's renowned beach, vibrant downtown, picturesque parks, and popular restaurants.This property features three charming two-bedroom apartments, each designed for comfort and character, with original hardwood flooring adding timeless appeal. Fully tenanted, this is a true turnkey investment offering immediate and consistent rental income. Recent updates provide added peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, the property also presents exciting potential for future growth and development.The main-floor apartment currently rents for $2,000 per month, the lower unit rents for $1,150 per month, and the upper unit rents for $1,900 per month. Don't miss your chance to secure a prime Cobourg investment that combines strong income, long-term potential, and an unbeatable location.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,237
Land Transfer Tax Fee
$16,175

Rental Items

Rental Equipment
Gas Hot Water Tank

Basement Type
Full, Finished

Interior Features

Interior Extras
Sump Pump, Workbench
View
Downtown
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
51-99

Construction

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

Lot

Lot Front
45.00 ft
Lot Depth
196.00 ft
Lot Shape
Rectangular

Inclusions

Inclusions
3 Fridges, 3 Stoves, Workbench, Dehumidifier, Lawnmower, Shed, all in "as is" condition

Exclusions

Exclusions
Tenants Belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
7
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 2
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece
  • 3-piece, Basement

Municipality
Cobourg
Neighbourhood
Cobourg
Main cross streets
King St East & D'Arcy St
Zoning
R5
Directions
See GPS

MLS® number
X12479081
Data source
Toronto Regional Real Estate Board
Listed on
2025-10-23
Updated on
2026-06-24
Days on market
360 days
Possession type
Flexible
Co-op commission
2%+HST
Seller
Listed by
RE/MAX ROUGE RIVER REALTY LTD.

Home Market Value

Current home valuation for 234 King Street E, Cobourg, Cobourg, ON. Listed for $985,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 234 King 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:7.5%

5% on first $500K + 10% on $485,000 over $500K

Minimum down payment

$73,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$36,445$27,482$23,443$0
=Total mortgage
$947,570$913,982$860,693$788,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,627monthly$4,463monthly$4,202monthly$3,847monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$16,175

Total Land Transfer Tax

$16,175

Around this home

4/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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