ON > Cobourg > Cobourg
Cobourg, ON K9A 4E4,433 Cottesmore AVE W
Cobourg, ON K9A 4E4,433 Cottesmore AVE W
Cobourg, ON K9A 4E4,433 Cottesmore AVE W
Cobourg, ON K9A 4E4,433 Cottesmore AVE W
Cobourg, ON K9A 4E4,433 Cottesmore AVE W
Cobourg, ON K9A 4E4,433 Cottesmore AVE W
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Nasser Atta

Nasser Atta

+1(289) 677-4020
$ 579,900
Est. payment | /mo

3 Beds

3 Baths

Save
$ 579,900
Est. payment | /mo
Save

3 Beds

3 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Cobourg

MLS Listing ID X12273256

Style 2-Storey

Bedrooms 3

Building Age 100+

Annual Tax Amount $3,553

Tax Year 2024

Property Sub-Type Detached

Property Description

Prime investment opportunity in the heart of Cobourg. This fully renovated and exceptionally maintained triplex features three updated one-bedroom units, each offering modern finishes and efficient layouts. With separate hydro meters, tenants have full control over their utility usage, reducing overhead costs and increasing appeal. Located on a spacious 71' x 142' lot, the property includes private outdoor areas, ample parking for residents and guests, and shared access to a basement with laundry facilities and abundant storage space. Recent upgrades include a forced-air gas furnace (2016), new shingles (2017), copper plumbing, and a 200-amp electrical service. These improvements enhance energy efficiency and minimize maintenance expenses, making this a truly turn-key investment. Currently generating $4,658 per month in net rental income, the units are tenanted as follows: Unit 1 at $1125/month, Unit 2 at $1733/month, and Unit 3 at $1800/month. Unit 3 is currently vacant, allowing for immediate occupancy or the ability to secure a new tenant at market rate. Each unit is self-contained, bright, and well-appointed, ensuring continued demand and low vacancy. Priced to sell, this is an ideal opportunity for investors seeking steady cash flow and long-term appreciation in one of Ontario's most desirable small towns. Floor plans are available for review. Don't miss your chance to add this solid income property to your portfolio.

Location

Province ON

County Northumberland

Community Cobourg

Area Northumberland

Rooms

Family Room No

Basement Full

Kitchen 3

Interior

Interior Features Accessory Apartment, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Other

Lot Frontage 71.26

Lot Depth 143.7

Total Parking Spaces 6

Building

Foundation Other

Listed by CENTURY 21 LEADING EDGE REALTY INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 677-4020

nasser.atta@onestopbroker.ca

130 KING ST W UNIT 1900B TORONTO, Ontario M5X1E3

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433 Cottesmore AVE W