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.
Property Type:
Freehold
Freehold Type:
Triplex
Home Style:
2-Storey
Depth:
143'8"43.8 m
Frontage:
74'3¼"22.637 m
Exposure:
West
Bedrooms:
3
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Rooms:
9
Heating type:
Forced Air
Heating Fuel:
Gas
Basement:
Full
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0
Parking Spaces:
4
Total Parking Spaces:
4
Driveway:
Private
Family Room:
N
Possession Details:
TBD
Taxes:
$3,553 /
2024
Assessment:
$- /
-
Floor
Type
Size
Other
Main
Kitchen
10'3.05 m × 6'1.83 m
Updated, Laminate
Main
Prim Bdrm
8'2.44 m × 7'¼"2.14 m
Updated, Laminate
Main
Bathroom
7'2.13 m × 6'1.83 m
4 Pc Bath, Tile Floor
Main
Living
14'9"4.50 m × 10'3.05 m
-
Main
Kitchen
12'3.66 m × 6'1.83 m
Updated, Tile Floor
2nd
Prim Bdrm
7'2.13 m × 6'1.83 m
Updated, Laminate
2nd
Bathroom
8'2.44 m × 6'1.83 m
3 Pc Bath, Tile Floor
2nd
Living
14'4.27 m × 10'3.05 m
Updated, Laminate
Main
Kitchen
10'3.05 m × 7'2.13 m
Updated, Tile Floor
Main
Living
8'2.44 m × 6'1.83 m
Updated, Laminate
2nd
Prim Bdrm
14'4.27 m × 10'3.05 m
Updated, Laminate
2nd
Bathroom
14'8¾"4.49 m × 10'3.05 m
3 Pc Bath, Tile Floor
Floor
Ensuite
Pieces
Other
Main
-
3
X2
2nd
-
4
Cobourg
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.