49 Cobalt Street, Cobalt
Fully rented tri-plex in a convenient downtown location, it's an excellent opportunity to add an affordable income property to your portfolio grossing a little over $39,825/yr in rents. The building offers two 3-bedroom units and one 1-bedroom unit, all currently rented with utilities included. Each unit features its own fridge, stove, washer and dryer. Recent improvements include a furnace (2019), new tin roof on second floor and rear siding (2019), and newer tin on the stairwell serving Unit #3 (2020). The building could use some TLC and is priced accordingly. The property also features a 40x36 vacant lot that could be cleared for more parking. Currently, there is one off-street parking space plus two street-side spaces. A solid investment opportunity for the right buyer! (id:1945)
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Property details for 49 Cobalt Street, Cobalt
- Type
- Multi-family
- Bedrooms
- 7
- Bathrooms
- 3
- Lot Size
- 36 x 135 FT
- Stories
- 2
- Basement
- Unfinished, N/A
- Parking
- No Garage
- Heating
- Radiant heat, Forced air, Natural gas
- Cooling
- None
- Exterior
- Wood, Vinyl siding
- Annual Taxes
- $7,493 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 49 Cobalt Street
Active Listings
1
Min Price
$139,900
Max Price
$139,900
Avg Price
$139,900
Days on Market
48
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Cobalt, Ontario
Population
493
Median Age
48.2
Median Income
$23,072
Dwelling Value
$80,328
Housing Tenure
Owners 78%
Renters 22%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 915.5/km²
Avg Shelter Cost: $786/mo
Owners with Mortgage: 45.7%
Owners Spending 30%+: 16.7%
Tenants Spending 30%+: 40%
English only: 74.7%
English and French: 24.2%
Median Household Income: $46,976
Median Employment Income: $25,920
Price History
Listed
September 5, 2026
by CENTURY 21 TEMISKAMING PLUS BROKERAGE
Current Price
$139,900
Type
Multi-family
For Sale