41-43 King Street E Cobourg, Ontario K9A 1K6
$1,399,000
Apartment Building plus main street commercial. Superb 8% (approx.) Cap Rate in Downtown Cobourg beside Victoria Park, Victoria Beach, Heritage Harbour Marina, the Esplanade & Yacht club and all attractions. Long term tenants on month-to-month rental. New Commercial Retail Tenant on 5 year lease in a 2000 Sq Ft Commercial Space on Main Floor with Many Tall Retail Display Windows. 2 floors of apartments above. This is a fantastic Location in the Popular Tourist Destination Shopping, Dining, Professional Services district of Downtown Cobourg. A Perfect investment to add to your portfolio in the almost-filled to capacity Heritage Downtown Cobourg. Few Remaining Retail & Residential multi-unit buildings King Street Spaces left available for sale or rent. Desired rental location in the heart of downtown and access to all amenities. The VIA & 401 is a couple of blocks north for commuters. 9 units total including 1 commercial & 1 storage unit. (id:61445)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12066729 |
| Property Type | Multi-family |
| Community Name | Cobourg |
| AmenitiesNearBy | Public Transit |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 9 |
| Age | 51 To 99 Years |
| Appliances | All |
| CoolingType | Partially Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeExterior | 6178.48 Sqft |
| SizeInterior | 6178 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 162 Ft ,4 In |
| SizeFrontage | 37 Ft ,11 In |
| SizeIrregular | Bldg=37.99 X 162.36 Ft ; 37.33fx 165.62 Ft X 37.33 Ft X 165.72 Ft |
| SizeTotalText | Bldg=37.99 X 162.36 Ft ; 37.33fx 165.62 Ft X 37.33 Ft X 165.72 Ft |
| ZoningDescription | Main Commercial |
https://www.realtor.ca/real-estate/28130568/41-43-king-street-e-cobourg-cobourg
Interested?
Contact us for more information
Denise Eileen Liboiron
Salesperson
365 Westwood Drive Unit 5
Cobourg, Ontario K9A 4M5
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April 08 2025 12:49:39
Century 21 All-Pro Realty (1993) Ltd.