For Sale: 41-43 King Street E, Cobourg, ON - REW
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$1,745,000
0 bd • 9 ba • 6178 sf • Multifamily
41-43 King Street E
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$1,745,000
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41-43 King Street ECobourg, ON, K9A 1K6

  • 0 Bed
  • 9 Bath
  • 6178 Sqft
  • Multifamily

About this home

Don't miss your chance to add this high-performing asset to your portfolio. With very limited available space left on King Street & new developments under proposal review for infill, this is the perfect timing for an opportunity to invest in a thriving and growing downtown core. Tenants are drawn to the highly walkable area with access to all essential amenities. This is a fantastic income asset. A turnkey Investment opportunity in supreme Location by the beach/lakefront. Invest in the heart of Downtown Cobourg, one of Ontario's most sought-after tourist destinations & growing lifestyle communities. 100KM to Toronto. Superior Location for this fully tenanted 9-unit Mixed-Use Brick apartment building with 1 Unit a 2000 sq ft Commercial Storefront. Very Successful Commercial business occupies the space on a 5-year lease(expires Oct 31, 2030) Attractive Cap Rate. Approx. 7.5% return. Solid tenant base (new great Tenants)with month-to-month residential leases. Updated & Well-Maintained. Situated directly on King Street E, Cobourg's main commercial strip amidst excellent dining, entertainment, galleries, boutique shopping &professional services. Adjacent to Victoria Park, the Beach, Boardwalk, Marina, Yacht Club, and Heritage Harbour. Farmers Market, Grocer, Skating Rink & Year-round events & tourism attractions. Excellent commuter access: just 2 blocks to VIA Rail & the Highway 401/407 corridor 100 KM to Toronto. Newer$25,000 boiler system & hot water tank. Newer A/C Splitter for Retail unit. Newer flooring, Paint, &Upgraded units. Parking for 6 cars in back. Financials, Upgrades available. Do not hesitate on this opportunity! Owner pays Water for building + Hydro for Res Tenant. Great new Res. tenants!! (id:63626)
Listed by: Denise Liboiron, Salesperson, Century 21 United Realty Inc.

Home facts and features

Price details
List Price
$1,745,000
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Gross Taxes for 2026
$10,957
Home facts
Bedrooms
0
Full Bathrooms
9
Parking Spaces
6
Property Type
Multifamily
Depth
162.36 feet
Frontage
37.11 feet
Heating Type
Hot water radiator heat, Natural gas
Cooling
Partially air conditioned
Agent details
Primary Agent
Denise Liboiron
Primary Broker
Century 21 United Realty Inc.
Listing details
Days on REW
49 Days
MLS® Number
X13076922
Source
Canadian Real Estate Association
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Property Insights

St. Michael Catholic Elementary School
  • Catholic
  • JK - 6
C R Gummow School
  • Public
  • JK - 8
Cobourg Collegiate Institute
  • Public
  • 9 - 12
Merwin Greer School
  • Public
  • JK - 6
Burnham School
  • Public
  • JK - 6
St. Joseph Catholic Elementary School
  • Catholic
  • JK - 8
Notre Dame Catholic Elementary School
  • Catholic
  • JK - 8
St. Mary Catholic Secondary School
  • Catholic
  • 9 - 12
Terry Fox School
  • Public
  • JK - 8
Northumberland Montessori School Inc.
  • Private
  • 1 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Denise Liboiron
Phone:
(905) 372-3355
Office:
905-372-3355
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