This prime investment opportunity features an immaculately maintained and modernized triplex in Cobourg's heart. Each unit has been extensively updated, offering a hassle-free experience for both property owners and tenants. Units 2 and 3 have separate hydro meters, providing tenant independence. The cozy one-bedroom units are perfectly suited for modern living, with comfortable and efficient living spaces. The shared basement includes convenient laundry facilities and ample storage options. Key upgrades include a forced-air gas furnace installed in 2016 and new shingles added in 2017, ensuring energy efficiency and reduced maintenance costs. The property is equipped with copper plumbing and a 200-amp electrical service, offering reliability and safety. Sitting on a spacious 71' x 142' lot, the property provides tenants with private outdoor spaces and community areas for relaxation and recreation. Ample parking is available, catering to the needs of both residents and visitors. 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.

Property Features

  • Date Listed: Tuesday, July 30, 2024
  • City: Cobourg
  • Neighborhood: Cobourg
  • Major Intersection: University Ave E / D'Arcy St
  • Full Address: 433 Cottesmore Avenue, Cobourg, K9A 4E4, Ontario, Canada
  • Kitchen: Updated, Laminate
  • Living Room: Main
  • Kitchen: Updated, Tile Floor
  • Living Room: Updated, Laminate
  • Kitchen: Updated, Tile Floor
  • Living Room: Updated, Laminate
  • Listing Brokerage: Century 21 Leading Edge Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Century 21 Leading Edge Realty Inc. and should be verified by the buyer.

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