For Sale - 238 James Street, Cobourg, Ontario

Est payment $6,363/mo
Views   1
Time on Jump  1 days
  • Well-maintained 6-unit property in a prime Cobourg location.
  • Generous lot size with ample on-site parking for tenants.
  • Consistent unit mix provides stable income and reliable tenants.
  • Recently updated units offer rental potential and future upside.
  • Close to amenities, transit, and waterfront, ensuring strong rental demand.



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 4 two-bedroom units, one one-bedroom unit, 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 ahigh-demand market.
Listing IDX13019912
Address238 James Street
CityCobourg, Ontario
Price$1,325,000
Bed / Bath10 / 6 Full
Style2-Storey, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features NoneOwnership FreeholdBasement Apartment, FinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Agency:  RE/MAX JAZZ INC.

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238 James Street
Cobourg , Ontario
10 6 $1,325,000
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