70 King Street, Cobourg, ON
Property Highlights
Welcome to this remarkable commercial retail 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 $1,320,000 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 1 Bathroom
- Premium 64.84 x 167 ft lot size
- equipped with yes central cooling and highly efficient other heating
Description
Excellent corner lot exposure on the main street (King Street) in the Town of Cobourg facing Victoria Park and the Cobourg Beach. BUSINESS IS NOT FOR SALE, ONLY THE LAND AND BUILDING; BUSINESS IS RELOCATING. This 1,580 sq. foot commercial location has "main central commercial" zoning which allows a myriad of commercial, retail, office & residential uses. See list with listing broker. Building only encompasses a fraction of the buildable area on this lot with a maximum height of 39 feet which would have a great view over Victoria Park to Lake Ontario. Walk everywhere in downtown Cobourg from this location with 7 minute access to Highway 401. Currently front parking area front for about 7 cars and a huge back lot parking area for approximately 16 cars. Plot also includes a 25' x 37' piece of land in front of #68 King Street East. High visibility corner location with rear access off Swayne Street. Level entrance front and back. No basement. Presale inspection available. Other documentation re: zoning, uses, and site available.
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Property Summary
This commercial retail located at 70 King Street, Cobourg is currently for sale and has been available on SousaSells for 135 days. This property is listed at $1,320,000 with an estimated mortgage of $4,394* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 70 King 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.
- •1 well-appointed bathroom
- •Desirable Commercial Retail 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
- No
Community Features
- Greenbelt/Conservation
- Recreation/Community Centre
Frequently Asked Questions about 70 King Street, Cobourg, ON
Q.What is the asking price for 70 King Street, Cobourg, ON ?
The current listing price for 70 King Street, Cobourg, ON in Cobourg, Cobourg is $1,320,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 1 bathroom.
Q.What property type and architectural style is 70 King Street, Cobourg, ON ?
70 King Street, Cobourg, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Greenbelt/Conservation, Recreation/Community Centre.
Q.What security features are installed at 70 King Street, Cobourg, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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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) × 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.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 70 King Street E, Cobourg, ON K9A 1K9
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 $1,320,000 in Cobourg, the legal minimum down payment is $264,000 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 $22,875 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 $22,875.
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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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