49 Cobalt Street
Cobalt, ON
- 7 bed
- 3 bath
- approx. 2000-2500 sqft
- Triplex
- 15 days on market
Fully rented tri-plex in a convenient downtown location, it's an excellent opportunity to add an affordable income property to your portfolio grossing a little over $39,825/yr in rents. The building offers two 3-bedroom units and one 1-bedroom unit, all currently rented with utilities included. Each unit features its own fridge, stove, washer and dryer. Recent improvements include a furnace (2019), new tin roof on second floor and rear siding (2019), and newer tin on the stairwell serving Unit #3 (2020). The building could use some TLC and is priced accordingly. The property also features a 40x36 vacant lot that could be cleared for more parking. Currently, there is one off-street parking space plus two street-side spaces. A solid investment opportunity for the right buyer!
Listing Details
- Taxes (2026)
- $7,493
- Listed
- September 4, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Wood, Vinyl Siding
- Roof
- Asphalt Shingle, Metal
- Foundation
- Concrete Block
- Interior
- None
- Lot Size
- 36 x 135 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Water
- Chlorination
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Cobalt St and Jamieson St
- Zoning
- R
- Parcel Number
- 613860353
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 2 Sets of fridge, stove, washer & dryer (all in as-is condition).
- Rental Items
- Reliance space heater $124.90/Qtr.
Schools
Elementary
- St. Patrick Catholic School0.8 km
Catholic · Northeastern CDSB · 135 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 15% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P0J
- Population
- 20,179
- Private dwellings
- 9,704
- Median age
- 47.6
- Average household size
- 2.3
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Cobalt · last 12 months
- Median sold price
- $79,500
- Homes sold
- 29
- Median days on market
- 34
- Sale-to-list price
- 89.3%
Based on 29 recorded sales of residential freehold properties in Cobalt over the last 12 months.
Listed by
CENTURY 21 TEMISKAMING PLUS BROKERAGE
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$27,980
Estimated Monthly Payment
$687
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $687/mo (20% down, 5.5%)
Taxes: $624/mo · Insurance: $35/mo
Estimates only. Consult a financial advisor.
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