ON > Cobourg > Cobourg
Cobourg, ON K9A4E4,433 COTTESMORE AVENUE W
Cobourg, ON K9A4E4,433 COTTESMORE AVENUE W
Cobourg, ON K9A4E4,433 COTTESMORE AVENUE W
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$579,900
Est. payment /mo
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3 Beds
3 Baths
1,500 SqFt
New

433 COTTESMORE AVENUE W Cobourg, ON K9A4E4

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Leanne McNabb

Leanne McNabb

+1(587) 573-6678

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $386

Subdivision Cobourg

MLS® Listing ID X12273256

Bedrooms 3

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

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. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.35 m X 3.12 m Bedroom

Extra Room 2 Second level 3.66 m X 2.4 m Den

Extra Room 3 Second level 2.1 m X 2.4 m Kitchen

Extra Room 4 Second level 5.18 m X 4.27 m Living room

Extra Room 5 Second level 4.27 m X 3.05 m Bedroom

Extra Room 6 Basement 4.97 m x Measurements not available Laundry room

Interior

Heating Forced air

Cooling Wall unit

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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Listed by CENTURY 21 LEADING EDGE REALTY INC.

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agent

Leanne McNabb

Agent

+1(587) 573-6678

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433 COTTESMORE AVENUE W