39 King Street W Cobourg, Ontario K9A 2M1
$1,299,000
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. (id:43681)
商业信息
| 商业类型 | Residential |
| 商业子类型 | Apartments |
房源概要
| MLS® Number | X12641452 |
| 房源类型 | Multi-family |
| 社区名字 | Cobourg |
| 总车位 | 3 |
详 情
| 浴室 | 5 |
| Age | 100+ Years |
| 家电类 | Water Heater |
| 空调 | 全物业配备空调 |
| 供暖方式 | 天然气 |
| 供暖类型 | 压力热风 |
| 内部尺寸 | 4390 Sqft |
| 类型 | Multi-family |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 土地深度 | 115 Ft ,7 In |
| 土地宽度 | 22 Ft ,3 In |
| 不规则大小 | 22.26 X 115.6 Ft |
| 规划描述 | Mc |
https://www.realtor.ca/real-estate/29194776/39-king-street-w-cobourg-cobourg
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Durham Region Association of REALTORS®
Century 21 United Realty Inc.
May 04 2026 02:30:36
