For Sale

79 King Street Unit# A, Cobourg, Ontario K9A2M4

$349,000

79 King Street Unit# A, Cobourg, Ontario K9A2M4 is For Sale and has a listing price of 349,000. The property is located in the Cobourg neighbourhood. It's been on the website for 102 Days.

  • Retail
    Property Type
  • Retail
    Building Type
  • 2
    Bathrooms
  • MLS ID: X8435474
  • Office Name CENTURY 21 ALL-PRO REALTY (1993) LTD.
Property Description

Professional Offices Investment Opportunity! Superb, renovated Commercial Condo with Large Main Street Display Windows, 4 Offices, a Reception Area, Two 2-pce Baths R/in, Storage. Located well in a busy Downtown heritage streetscape in the business, boutique & tourist district steps to the Beach/Marina. Select your next investment in this in-demand district just Steps to Marina, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north & 1hr to Toronto for commuters. Unit shares entry vestibule common area w/ adjacent unit w/ Tenant in place. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Tenant pays Condo Fee $493.69/m, Property Tax, Heat/Utilities. (Condo fee covers Water, Bldg Insurance, Common Elements, Reserve fund, Property Mgmt.) Gross Income $18,288.00 Cap Rate 4.6% Solid Tenant Business Offices Lease just renewed 10/31/24 **** EXTRAS **** High Ceilings, Large Front Windows. Updated Laminate Flooring, Lighting, 2-2pce Baths R/In, Storage Cupboards, Shared Front vestibule entrance. Outdoor display area. Heritage District. Investment w/ long term tenant. Adjacent condo for sale (id:43137)

Property Details
  • MLS ID: X8435474
  • Bathrooms: 2
  • Price: $349,000
  • Transaction Types: For Sale
  • Ref ID: 27034633
  • Year Built: N/A
  • Building Type: Retail
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
06/08/2024 X8435474 $349,000 For Sale - -
02/24/2024 X8104028 $399,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cobourg
  • $803,140 Average List Price
    based on 1 year
  • 103 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 63.78 % Up
  • Sold (12mo) 232
  • Rented (12mo) 68

  • 1 Month Change +11.3%
  • 3 Month Change +10.2%
  • 6 Month Change +3.0%
Walkscore
Property Type Distribution
  • All Houses
    74.49%
  • Commercial
    8.77%
  • Condo
    14.04%
  • Land for Sale
    2.7%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Electric
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Farm/Agriculture Other
  • Listing Entry Date: 08/06/2024 00:00:00
  • Zoning 82h
  • Agent Name: DENISE EILEEN LIBOIRON
  • Last Updated: 03/09/2024 23:39:54
Open House Dates
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