520 Thompson Street, Cobourg, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Cobourg. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,700,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- equipped with partial central cooling and highly efficient radiant heating
Description
Located in desirable Lucas Point, in the town of Cobourg, this property is situated on a corner lot at the intersection of Willmot Street and King Street East. Limited availability of properties in this size range with excess land, this offering presents the right buyer long-term growth opportunities. Low site coverage at 5.6% on 3.11 acres of land, this lot is fully secure and gated with exterior electrical hook-ups. Freestanding building has 3 oversized drive-in doors with power, trenched warehouse floor drains, radiant heat and LED lighting. Current zoning of LM permits an abundance of uses such as, building supply and equipment rental. Existing furniture can also be negotiated.
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Property Summary
This industrial located at 520 Thompson Street, Cobourg is currently for sale and has been available on SousaSells for 371 days. This property is listed at $2,700,000 with an estimated mortgage of $8,987* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 520 Thompson Street, Cobourg is in the Cobourg neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cobourg, Cobourg.
- •Desirable Industrial architecture in Cobourg, Cobourg
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Partial
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Cobourg?
If you are looking for a house in Cobourg or researching Cobourg real estate for sale, this industrial at 520 Thompson Street, Cobourg, ON offers an exceptional opportunity to buy a home in Cobourg, Ontario. Whether you are a first-time Cobourg home buyer or comparing active Cobourg MLS® homes for sale, working with a dedicated Cobourg buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Cobourg realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Cobourg Buyer Budget & Costs
Estimated mortgage: $8,987*/month*. Estimated Ontario Land Transfer Tax: $53,975. First-time Cobourg home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Cobourg
Frequently Asked Questions about 520 Thompson Street, Cobourg, ON
Q.What is the asking price for 520 Thompson Street, Cobourg, ON ?
The current listing price for 520 Thompson Street, Cobourg, ON in Cobourg, Cobourg is $2,700,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 520 Thompson Street, Cobourg, ON ?
520 Thompson Street, Cobourg, ON is a Industrial () featuring a basement.
Q.What security features are installed at 520 Thompson Street, Cobourg, ON ?
Security features include: Partial .
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Partial.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Cobourg, Cobourg
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 520 Thompson Street, Cobourg, ON K9A 4J8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cobourg, ON
For a property listed at $2,700,000 in Cobourg, the legal minimum down payment is $540,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $53,975 for this transaction. As this listing is in Cobourg (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $53,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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