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!
66 ELGIN STREET W, Cobourg
2026-07-17
Quick Summary
MLS®#X13572802
Property Description
Exceptional investment opportunity in one of Cobourg's established commercial corridors. This fully leased income producing property combines stable cash flow, future development potential and a highly desirable location with exceptional visibility and exposure. With over 5,000sq. ft., this building is home to three established commercial tenants, providing immediate rental income while minimizing vacancy risk. Situated on a high traffic route with 13 municipally allocated parking spaces, the property offers excellent accessibility for tenants and customers alike, a valuable feature that's increasingly difficult to find in Cobourg. Positioned within the LM-14 zoning designation, the property also presents future opportunities for investors. In addition to its existing commercial use, the property includes one residential zoning component and may offer the potential to add/convert a residential unit, subject to approval from the Town of Cobourg, creating an opportunity to further enhance revenue over time. The current owners have made substantial capital improvements throughout their ownership, including a steel roof, multiple ductless heating and cooling systems, renovated commercial spaces, updated kitchens and bathrooms, new flooring, doors, security upgrades, mechanical improvements and more. These investments provide peace of mind while reducing the likelihood of major capital expenditures in the near future. Whether you're expanding an investment portfolio, securing a long term commercial asset or looking for a property with additional upside, 66 Elgin Street West offers a compelling combination of reliable income, quality improvements and future potential in one of Northumberland County's strongest commercial markets. (id:32467)
Property Features
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 5100 sqft
- Utility Water: Municipal water
Land
- Land Size: 5100 ac
Zoning
- Description: LM-14
Information entered by RE/MAX Rouge River Realty Ltd.
Listing information last updated on: 2026-07-16 18:20:58
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$500,000
Your One Percent Realty Commission savings†
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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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