2 Pyrite Street, Cobalt, ON
Description
Property Highlights
Welcome to this remarkable ["Bungalow"] fourplex located in the coveted neighborhood of Cobalt. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $395,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 11 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 105.03 x 156.84 ft lot
- Features a ["finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Separate Heating Controls, Separate Hydro Meter, Storage
- equipped with ["window unit(s)"] central cooling and highly efficient baseboard heating via electric
Well-built, purpose-designed four-plex, an excellent addition to any investment portfolio! Constructed with durability in mind, this solid building features concrete block hallways, front and rear entrances, a tin roof, updated windows, and a low-maintenance stucco exterior. Three of the four units share identical layouts: 3 bedrooms, a spacious living room, large dining area, kitchen, 4-piece bath, and in-unit laundry. One basement unit has been modified to include 2 bedrooms (instead of 3) due to the utility/metre room. All units have been fully renovated within the past 10 years and feature individual hydro meters, 3 of 4 tenants pay their own utilities. Annual rents total: $49,800. A turnkey opportunity with additional income potential, don't miss out!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater Owned
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Pricing & Value Insights
Data-driven valuation for 2 Pyrite Street, Cobalt, ON P0J 1C0
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