234 King Street
Cobourg, ON
- 6 bed
- 3 bath
- approx. 1500-2000 sqft
- Triplex
- 320 days on market
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.
Listing Details
- Taxes (2024)
- $4,237
- Listed
- October 23, 2025
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Sump Pump, Workbench
- Lot Size
- 45 x 196 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 7
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- King St East & D'Arcy St
- Zoning
- R5
- Parcel Number
- 510990440
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 3 Fridges, 3 Stoves, Workbench, Dehumidifier, Lawnmower, Shed, all in "as is" condition
- Exclusions
- Tenants Belongings
- Rental Items
- Gas Hot Water Tank
Schools
Secondary
- Cobourg Collegiate Institute0.4 km
Public · Kawartha Pine Ridge DSB · 1110 students
Grade 10 literacy: 81% met the provincial standard
- Centre for Individual Studies Northumberland1.7 km
Public · Kawartha Pine Ridge DSB · 115 students
- St. Mary Catholic Secondary School2.6 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 835 students
Grade 10 literacy: 75% met the provincial standard
Elementary
- C R Gummow Public School0.4 km
Public · Kawartha Pine Ridge DSB · 795 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 53% met the provincial standard
- St. Michael Catholic Elementary School0.9 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 160 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 44% met the provincial standard
- Merwin Greer Public School1.3 km
Public · Kawartha Pine Ridge DSB · 130 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 35% 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 K9A
- Population
- 26,757
- Private dwellings
- 11,937
- Median age
- 53.2
- Average household size
- 2.3
- Median household income
- $82,000
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 Cobourg · last 12 months
- Median sold price
- $630,000
- Homes sold
- 353
- Median days on market
- 27
- Sale-to-list price
- 97.4%
Based on 353 recorded sales of residential freehold properties in Cobourg over the last 12 months.
Listed by
RE/MAX Rouge River Realty Ltd.
Walk Score
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Location
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Mortgage Calculator
$197,000
Estimated Monthly Payment
$4,839
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: $4,839/mo (20% down, 5.5%)
Taxes: $353/mo · Insurance: $246/mo
Estimates only. Consult a financial advisor.
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