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$ 795,000
Est. payment /mo
Price Dropped by $53K
433 COTTESMORE AVENUE Cobourg, ON K9A4E4
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Cobourg
MLS® Listing ID X9397625
Bedrooms 3
Originating Board Toronto Regional Real Estate Board
Property Description
This prime investment opportunity presents a meticulously maintained and modernized triplex in the heart of Cobourg. Each unit has been extensively updated, providing a hassle-free experience for both property owners and tenants. All three units feature separate hydro meters, giving tenants full independence over their utilities. The cozy one-bedroom units are ideal for modern living, offering comfortable and efficient spaces. The shared basement includes laundry facilities and ample storage. Key upgrades include a forced-air gas furnace (installed in 2016) and new shingles (added in 2017), ensuring energy efficiency and lower maintenance costs. The property is equipped with copper plumbing and a 200-amp electrical service, providing reliability and safety. Situated on a spacious 71' x 142' lot, tenants enjoy private outdoor spaces and shared community areas for relaxation. Ample parking is available for residents and visitors alike. With a net rent of $4,565 per month, this property promises solid returns for investors. **** EXTRAS **** Full financials are available upon request showcasing the property's strong potential for investment returns. This triplex represents an excellent opportunity for investors seeking a well-maintained, modern property in a desirable location. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 3.05 m X 4.27 m Primary Bedroom
Extra Room 2 Second level 3.05 m X 4.49 m Bathroom
Extra Room 3 Second level 1.83 m X 2.13 m Primary Bedroom
Extra Room 4 Second level 2.44 m X 1.83 m Bathroom
Extra Room 5 Second level 3.05 m X 4.27 m Living room
Extra Room 6 Main level 3.05 m X 1.83 m Kitchen
Interior
Heating Forced air
Cooling Wall unit
Flooring Laminate, Tile
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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