41-43 King Street E Cobourg, Ontario K9A 1K6

9 Bathroom 6,178 ft2
Partially Air Conditioned Hot Water Radiator Heat

$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:56069)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12066729
Property Type Multi-family
Community Name Cobourg
Amenities Near By Public Transit
Parking Space Total 6

Building

Bathroom Total 9
Age 51 To 99 Years
Appliances All
Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Exterior 6178.48 Sqft
Size Interior 6,178 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 162 Ft ,4 In
Size Frontage 37 Ft ,11 In
Size Irregular Bldg=37.99 X 162.36 Ft ; 37.33fx 165.62 Ft X 37.33 Ft X 165.72 Ft
Size Total Text Bldg=37.99 X 162.36 Ft ; 37.33fx 165.62 Ft X 37.33 Ft X 165.72 Ft
Zoning Description Main Commercial
Schools

4 public & 4 Catholic schools serve this home. Of these, 8 have catchments. There are 2 private schools nearby.

Parks & Rec

2 playgrounds, 1 rink and 3 other facilities are within a 20 min walk of this home.

Transit

Rail transit stop less than 1 km away.

Unfortunately this location does not yet exist in Google Street View.

https://www.realtor.ca/real-estate/28130568/41-43-king-street-e-cobourg-cobourg

Contact Us

Contact us for more information

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Denise Eileen Liboiron
Salesperson

(289) 251-2190
www.deniseliboiron.com/
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www.linkedin.com/in/denise-liboiron-aaa4571a/

Century 21 All-Pro Realty (1993) Ltd.
365 Westwood Drive Unit 5
Cobourg, Ontario K9A 4M5

(905) 372-3355
(905) 372-4626
www.century21.ca/allprorealty

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