For Sale

40 King Street, Cobourg, Ontario K9A2M1

$1,899,000

40 King Street, Cobourg, Ontario K9A2M1 is For Sale and has a listing price of 1,899,000. The property is located in the Cobourg neighbourhood. It's been on the website for 13 Days.

  • Retail
    Property Type
  • Residential Commercial Mix
    Building Type
  • 5
    Bathrooms
  • MLS ID: X9310245
  • Office Name CENTURY 21 ALL-PRO REALTY (1993) LTD.
Property Description

Spectacular Investment with Flexible Potential for Live-Work or Multiple Units. Exceeds all Expectations. A Meticulous Makeover of a c.1870s 4flr Historic Brick Bldg. An Exemplary Renovation top to bottom. Live, Work or Invest in a Gorgeous Residential & Commercial Empire steps to the Beach/Marina/VIA Station. 100km to Toronto. 3Bedroom+++ 5Baths & Custom, High-end workmanship & designer finishes: Canadian Maple Hardwood flooring, Vaulted Ceiling, Contemporary Kitchen & Designer Baths, Built-in Cabinets, Slider Barn Doors. Unique Arched Windows bring in sunlight glow & blue sky views over a boutique downtown. A large Northside Living Room w/ Glass Doors walks out to an 800 sq ft Rooftop Terrace. Wow! Personal Lift Elevator to 3rd Floor. Guest BR & Beautiful 4pce Bath on 3rd FL Living Level. The 4th Fl Loft BR Suite is Apartment-sized w/ a convenient Laundry/bath combo & a Walk-In Closet. 2nd Floor Studio or Office Space overlooks the streetscape & has potential as Residential Unit with existing 3pce Bath & 2 large Rooms used for Storage/Warehouse Space. Walk out to back or downstairs. Could convert to 2nd Res Unit. A Vibrant Retail Clothing Store provides income on the 1st Floor. Features Contemporary space with Large Retail Display windows & outdoor display area on the busiest main street 100 KM to Toronto. Completely finished clean basement w/ Staff Room, Storage, 2 -2pc Baths & a Utility Sink & Closet. This is a Showstopper Investment truly Turnkey plus potential for added units. 4+ Parking spaces & it backs onto a public park lot. *Business is also for sale for those who want a live-work building! (Owner may rent back Commercial until Business is sold.) Potential on 2nd Floor for more living space or office, studio or commercial rental space. Buyer to investigate all intended uses but it could make a great second floor expansive Residential unit. Heat Pump upper floors. Gas MN Floor. A must-view beautiful opportunity with Rooftop Patio in the heart of town. **** EXTRAS **** All SS Appls. Heat Pump/Wall unit. Lift. Maple Hardwood Floors, Vaulted Ceiling, Pot Lights, Fans, Contemporary Kitchen & Baths, B/in Cabinets. Warehouse Space on 2nd Fl. Office/Studio. Central Vac. & Components *Bus. also for sale* (id:43137)

Property Details
  • MLS ID: X9310245
  • Bathrooms: 5
  • Price: $1,899,000
  • Transaction Types: For Sale
  • Ref ID: 27392529
  • Year Built: N/A
  • Building Type: Residential Commercial Mix
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
09/10/2024 X9310245 $1,899,000 For Sale - -
09/10/2024 X9310143 $149,000 For Sale - -
09/10/2024 X9310400 $1,899,000 For Sale - -
07/27/2024 X9226923 $2,100,000 Terminated 11/18/2024 -
05/18/2024 X8352860 $259,000 For Sale - -
05/18/2024 X8352762 $2,100,000 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
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Property Features Irregular Lot Size
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 10/09/2024 00:00:00
  • Zoning C-cor2 F2.8h16
  • Agent Name: DENISE EILEEN LIBOIRON
  • Last Updated: 10/09/2024 16:31:58
Open House Dates
Want to see this property?