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bird's eye view of a nearby body of water Features: water view

aerial view of a large body of water and numerous boat docks Features: marina view, water view

recreation room featuring rail lighting Features: drop ceiling, tv, wall mounted ac, track lighting

miscellaneous room with a ceiling fan Features: ceiling fan

bird's eye view of a large body of water Features: water view, marina view

Spacious commercial interior featuring concrete flooring, a checkerboard acoustic tile ceiling with track lighting, and a prominent storefront window with an entrance door Features: track lighting, ceiling fan, natural light, vent, baseboards wall, concrete floor, drywall

spare room with rail lighting and ceiling fan Features: vent, track lighting, ceiling fan, concrete floor

view of common area Features: security camera

spare room featuring rail lighting and tile patterned floors Features: ceiling fan, track lighting, natural light, vent

Spacious commercial interior featuring polished concrete flooring, white walls, and a black grid ceiling with integrated lighting Features: drywall, baseboards wall

Accent wall featuring large-scale floral wallpaper, complemented by a decorative framed mirror Features: drywall, baseboards wall, concrete floor, tv, accent wall

Versatile commercial space featuring a built-in wall mirror, white painted walls, and concrete flooring Features: natural light

hallway featuring baseboards and concrete floors Features: fire alarm, natural light, concrete floor

Bathroom featuring a white vanity with integrated sink, chrome faucet, and decorative mirror Features: mirror, vanity, drywall, tile floor, baseboards wall, toilet, half bathroom, sink

workout room with beam ceiling and a high ceiling Features: vent

Interior space featuring exposed wood beams, vaulted ceiling, and light gray flooring Features: drywall, concrete floor, baseboards wall

office space featuring baseboards Features: natural light, beamed ceiling

corridor featuring beamed ceiling and a high ceiling Features: concrete floor, high ceiling, beamed ceiling

Utility area with a concrete floor, exposed wood beam ceiling, white paneled doors, and a built-in wall rack Features: drywall, high ceiling, coffered ceiling, baseboards wall, beamed ceiling, vinyl floor, vent, refrigerator

hall featuring a textured wall, carpet flooring, and beam ceiling Features: beamed ceiling, carpet, coffered ceiling, smoke carbon monoxide detector

hall with a textured wall, an upstairs landing, coffered ceiling, and beam ceiling Features: vent, beamed ceiling, coffered ceiling, fire extinguisher

Spacious room featuring wood-finish flooring, a contemporary ceiling fan, and exposed ceiling beams Features: wood finish floor, natural light, baseboards wall, ceiling fan, drywall, coffered ceiling, beamed ceiling

Spacious room featuring light wood-finish flooring, light gray walls, and white baseboards Features: wood finish floor, vent, beamed ceiling, baseboards wall, drywall

Storage closet featuring a wood-finish flooring, white walls, and a metal hanging rod

Galley kitchen featuring wood-finish flooring, white cabinetry, integrated sink, and white appliances including a refrigerator and range Features: dishwasher, vent, refrigerator, sink, galley kitchen, backsplash, range oven, wood finish floor, countertops, open shelves, white cabinets

Light wood-finish flooring extending into an adjacent space Features: vent, natural light, ceiling fan, wood finish floor, baseboards wall, beamed ceiling, drywall

Compact bathroom featuring wood-finish flooring, a standing shower with a frosted glass door, a single vanity, built-in shelving, and white wainscoting Features: toilet, shower, full bathroom, vent, vanity, drywall, wood finish floor

corridor featuring a textured wall, coffered ceiling, an upstairs landing, carpet flooring, and beamed ceiling Features: carpet, coffered ceiling, beamed ceiling

stairs featuring wooden walls and carpet Features: wood wall, drop ceiling, carpet

Lower level space featuring concrete block walls, exposed wood framing, and red patterned carpeting Features: basement, refrigerator, concrete block foundation

Spacious interior with exposed wall studs, a red patterned carpet, and a fluorescent ceiling light Features: basement

Image quality insufficient for description Features: vent, drywall, baseboards wall, concrete floor, basement

Unfinished basement featuring exposed brick column, concrete block walls, and a separate utility door Features: basement

Utility space featuring a double basin sink, blue cabinetry, and extensive countertop space Features: concrete block foundation, basement, sink

Spacious unfinished basement offering concrete flooring, concrete block walls, exposed wood structural beams, and a finished staircase with wood paneling Features: stairs, concrete block foundation, basement, furnace

Unfinished basement with concrete block walls, concrete flooring, and exposed overhead utilities Features: basement, concrete block foundation

Unfinished lower level featuring exposed brick elements and block walls Features: garage door opener, basement, furnace, concrete block foundation

back of property featuring stairs, brick siding, stucco siding, and a balcony Features: electric meter

Aerial perspective of a vibrant waterfront community featuring a marina, beach, and retail establishments Features: marina view, city view, water view

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For Sale - 39 King Street, Cobourg, Ontario

39 King Street

Cobourg , Ontario

5 $1,299,000

Est payment $6,238/mo

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Time on Jump 27 day

AI Summary *

Fully stabilized Main Street investment in a high-growth market near Toronto.
Historic brick building with character, requires no capital improvements.
High visibility location with steady foot traffic and easy access to transportation.
Three long-term tenanted apartments offering reliable residential income.
Potential for additional value through expansion or outdoor enhancements.

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Down Payment:
$ 64,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

A rare opportunity to own a fully stabilized main street investment in a high-growth, lifestyle-driven market within easy reach of toronto. Ideal for investors looking to diversify beyond the gta, with minimal management while maintaining strong connectivity, dependable returns, & long-term capital appreciation. The well-maintained historic brick building offers enduring character paired with modern functionality & no capital improvements required. Positioned in the town's most desirable downtown district, the property benefits from strong year-round foot traffic, proximity to the beach, marina, & 1 blk to via rail station (1 hr to toronto) or 401 (100 km to toronto) a growing local economy supported by tourism & regional commuters & many households being added with new construction. Commercial income: 1161 + 700 sq ft in ll of mn fl retail space on 2nd year of a 3-year lease. Longstanding retail location (formerly a salon for 22 years), now home to a successful clothing & specialty retailer. Bright storefront, large display windows, high ceilings, flexible open layout roughed-in plumbing in place for future salon or service-based use. Full walkout basement generating additional utility with office space, storage, laundry hookups, & 2-piece bath. Residential income: 2054 sq ft upper floors. Three separately metered, long-term tenanted apartments accessed by private front entrance, ensuring clear separation from commercial operations. Investor-friendly features: 4 separate entrances for ease of access & tenant privacy rear parking with 3 dedicated spaces plus nearby public parking. Potential value-add through rear expansion or deck/patio addition. Income & expense statements available. Turnkey income. Cap rate: 6% a rare chance to acquire a hands-off, stabilized asset in a destination market with strong fundamentals, consistent rental demand, and upside through future growth-all within a manageable drive or train ride from toronto.

Listing IDX12641452

Address39 King Street

CityCobourg, Ontario

Price$1,299,000

Bath5 Full

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

Market Info

Listing Agency:
CENTURY 21 UNITED REALTY INC.

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Listing Agency:
CENTURY 21 UNITED REALTY INC.

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For Sale - 39 King Street, Cobourg, Ontario

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