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New · Listed May 4, 2026 · 178 days on market

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

$1,745,000

Commercial · Investment · 6178.48 sq ft · For Sale

Don't miss your chance to add this high-performing asset to your portfolio. With very limited available space left on King Street & new developments under proposal review for infill, this is the perfect timing for an opportunity to invest in a thriving and growing downtown core. Tenants are drawn to the highly walkable area with access to all essential amenities. This is a fantastic income asset. A turnkey Investment opportunity in supreme Location by the beach/lakefront. Invest in the heart of Downtown Cobourg, one of Ontario's most sought-after tourist destinations & growing lifestyle communities. 100KM to Toronto. Superior Location for this fully tenanted 9-unit Mixed-Use Brick apartment building with 1 Unit a 2000 sq ft Commercial Storefront. Very Successful Commercial business occupies the space on a 5-year lease(expires Oct 31, 2030) Attractive Cap Rate. Approx. 7.5% return. Solid tenant base (new great Tenants)with month-to-month residential leases. Updated & Well-Maintained. Situated directly on King Street E, Cobourg's main commercial strip amidst excellent dining, entertainment, galleries, boutique shopping &professional services. Adjacent to Victoria Park, the Beach, Boardwalk, Marina, Yacht Club, and Heritage Harbour. Farmers Market, Grocer, Skating Rink & Year-round events & tourism attractions. Excellent commuter access: just 2 blocks to VIA Rail & the Highway 401/407 corridor 100 KM to Toronto. Newer$25,000 boiler system & hot water tank. Newer A/C Splitter for Retail unit. Newer flooring, Paint, &Upgraded units. Parking for 6 cars in back. Financials, Upgrades available. Do not hesitate on this opportunity! Owner pays Water for building + Hydro for Res Tenant. Great new Res. tenants!!

Property summary

TypeCommercial
SubtypeInvestment
Business typeApts - 6 To 12 Units
Building area6178.48 Square Feet
Bathrooms9
Lot size37.99 × 162.36 ft
Taxes$10,957 / yr
Parking6
GarageNone
PossessionFlexible
OccupantTenant
Property
Age51-99
Lot width37.99
Lot depth162.36
Building & Loading
Clear height (in)6
Power & Services
Heating typeGas Hot Water
Central A/C1
SewerSanitary
UtilitiesYes
Residential
Bathrooms9
Zoning & Taxes
Taxes / yr$10,957
Tax year2025
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Data provided by TRREB. Listed by CENTURY 21 UNITED REALTY INC..

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CC Susan — Central Commercial
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