$1,899,000
( $236.70Per Sq Foot )
 $10,194 est/mo Sourced by Back At You

40 King Street , Cobourg, ON K9A 2M1

Cobourg, ON K9A 2M1

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Description

A meticulously renovated 4-story historic brick building, dating back to the 1870s, presenting an exceptional investment for a residential, commercial mixed-use building. Located just steps from the beach, marina, & VIA station, only 100 km from Toronto, this investment property offers both charm & modern convenience in excellent condition. Renovated with high-end custom craftsmanship & designer finishes, including Canadian maple hardwood floors, vaulted ceilings, contemporary kitchen & bathrooms, built-in cabinetry, & stylish barn slider doors, it is a fabulous find. Arched windows flood the space with natural light on two floors & offer quaint views of a vibrant downtown heritage streetscape. 4 Entrances on King St plus a back Entrance & a lift elevator. On the first floor, a retail clothing store generates income & includes large display windows, an outdoor display area, & a finished basement with staff rooms, storage, & two 2-piece baths. The second floor is currently used as a studio & warehouse & could easily be converted into another living space or offices. It includes a 3-piece bath & two large rooms. On the 3rd floor a Northside living room enjoys glass doors leading to an 800 sq ft rooftop terrace, perfect for relaxing or entertaining & includes a guest BR & stunning 4-piece bath. Above a large 4th floor Primary BR Suite features a laundry/bath combo & walk-in closet. Bonus of 4 parking spaces & backing onto a public parking lot. The business is also available for sale, providing a unique live-work opportunity. Option for the buyer to buy & run the business or the current owner may rent the commercial space from the Buyer. Modern heat/cool pump on upper floors & gas furnace a/c on main floor. This is a rare gem in the heart of downtown close to the VIA Station (100km to Toronto) Just steps to the beach, marina & harbourfront tourist area. A smart acquisition for income or Live-Work space with significant growth potential.

Details

MLS#X11888354
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site44
Listing Provided ByCENTURY 21 ALL-PRO REALTY (1993) LTD. | Not Provided

Features

Bath(s)5
SQ Feet8,022
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 51 minutes ago
StateON
CountyNorthumberland
CityCobourg
Zip CodeK9A 2M1
AreaCobourg
Listing VS Median (in K9A 2M1)
Price:
$1,899,000
low | high
Med:
$1,400,000
76.276987888362% of Average
SqFt:
8,022
low | high
Med:
4,390
95.275492395911% of Average
$ / SqFt:
$237
low | high
Med:
$319
15.283370578688% of Average
On Site:
44
low | high
Med:
64.000000
68.75% of Average
Sourced by Back At You
Listing Updated: December 24, 2024 at 8:05:32 PM PST