We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
41-43 KING STREET E, Cobourg
2026-05-05
Quick Summary
MLS®#X13076922
Property Description
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!! (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit
Building
- Cooling Type: Partially air conditioned
- Fireplace: No
- Interior Size: 6178 sqft
- Building Type: Multi-Family
- Utility Water: Municipal water
Land
- Land Size: Bldg=37.99 x 162.36 FT ; 37.33fx 165.62 ft x 37.33 ft x 165.72 ft
- Sewer: Sanitary sewer
Zoning
- Description: Main Commercial
Information entered by Century 21 United Realty Inc.
Listing information last updated on: 2026-05-22 14:38:15
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Micheal Carstensen Realtor & Mortgage Agent
- Phone:
- 4167074300
- Email:
- micheal@onepercentrealty.com
- Support Area:
- TORONTO, OSHAWA, BOWMANVILLE, COURTICE, NEWCASTLE, PORT HOPE, COBOURG, COLBORNE, BRIGHTON, QUINTE WEST, BELLEVILLE, PETERBOROUGH, MILLBROOK, LINDSAY, PORT PERRY, BROOKLIN, UXBRIDGE, KESWICK, BARRIE, ORILLIA, BEAVERTON, FENELON FALLS, BOBCAYGEON, LAKEFIELD, KAWARTHA, ORONO
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