traditional-style home featuring brick siding Features: fence, satellite dish, brick siding, stoop, lawn More Photos

×

    For Sale - 238 James Street, Cobourg, Ontario

    Est payment $6,002/mo
    Get pre-qualified
    Views   1
    Time on Jump  77 day

    AI Summary *

    • Well-maintained 6-unit property in a desirable Cobourg location.
    • Ample parking and strong curb appeal enhance tenant retention.
    • Over 5,000 sq ft of finished space with a stable tenant base.
    • Recent updates in two units improve rental potential and cash flow.
    • Professionally managed, offering a low-maintenance investment opportunity.




    Rare opportunity to acquire a well-maintained 6-unit multi-residential asset in the heart of cobourg-an ideal entry point for investors looking to step into commercial real estate with confidence. Situated on a generous 66 x 190 ft lot, this property offers ample on-site parking and strong curb appeal, supporting long-term tenant retention and ease of management. The building features over 5,000 sq ft of (above and below grade) finished space as per mpac, with a unit mix that has consistently delivered stable income. This building consists of 3 two-bedroom units, 2 one-bedroom unit2, and one bachelor unit. Current tenants are reliable, pay on time, and take pride in their homes-an often overlooked but critical component of a successful investment. Two units have been recently updated, offering a blend of improved rental potential and future upside. As tenancies turn over, there is clear opportunity to bring rents to market levels, strengthening overall cash flow and increasing long-term asset value. The property has been well cared for, creating a low-maintenance profile for an incoming investor. Located in a desirable area of cobourg, close to amenities, transit, and the waterfront, this asset benefits from strong rental demand and long-term growth fundamentals. Whether you're expanding your portfolio or acquiring your first multi-unit property, this is a strategic opportunity to secure a stable, income-producing asset with built-in upside in a high-demand market. Currently the property is professionally managed - management company is willing to continue to manage for 8% with 3 months free (effective 6% for the first year).
    Listing IDX13019902
    Address238 James Street
    CityCobourg, Ontario
    Price$1,250,000
    Bath6 Full
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air ClosedSewer Sanitary

    ASAP

    Tue

    7

    Jul

    Wed

    8

    Jul

    Thu

    9

    Jul

    Fri

    10

    Jul

    Sat

    11

    Jul

    Sun

    12

    Jul

    Mon

    13

    Jul

    Tue

    14

    Jul

    Wed

    15

    Jul

    Thu

    16

    Jul

    Fri

    17

    Jul

    Sat

    18

    Jul

    Sun

    19

    Jul

    Mon

    20

    Jul

    Tue

    21

    Jul

    Wed

    22

    Jul

    Thu

    23

    Jul

    Fri

    24

    Jul

    Sat

    25

    Jul

    Sun

    26

    Jul

    Mon

    27

    Jul

    Tue

    28

    Jul

    Wed

    29

    Jul

    Thu

    30

    Jul

    Fri

    31

    Jul

    Sat

    1

    Aug

    Sun

    2

    Aug

    Mon

    3

    Aug

    Tue

    4

    Aug

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  RE/MAX Jazz INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    8 Firwood Crescent
    Toronto, Ontario.
    4 Beds | 4 Baths
    $2,500,000
    128 George Street
    North Grenville, Ontario.
    2 Beds | 2 Baths
    $629,900
    104 Whittington Place
    Oakville, Ontario.
    5 Beds | 4 Baths
    $2,599,999
    516 Hunter Street
    Peterborough, Ontario.
    5 Beds | 3 Baths
    $823,500
    1478 Westcott Road
    Windsor, Ontario.
    4 Beds | 2 Baths
    $599,888
    1015 Edythe Avenue
    Cornwall, Ontario.
    4 Beds | 2 Baths
    $469,900
    2 Burnley Place
    Brampton, Ontario.
    6 Beds | 5 Baths
    $1,024,900
    925 Maitland Street
    London East, Ontario.
    3 Beds | 1 Baths
    $529,900
    2337 Parkwood Avenue
    Windsor, Ontario.
    3 Beds | 1 Baths
    $399,900
    Loading...
    238 James Street
    Cobourg , Ontario
    6 $1,250,000
    Get more info