144 King Street W, Cobourg, ON K9A 2M5, Cobourg, ON
0.3 sqft
Exceptional fully renovated mixed-use 12-plex in the heart of Cobourg, Ontario. This turnkey property features 4 commercial units and 8 residential units, all with separate water and hydrometers, allowing tenants to pay their own utilities. Recent top-to-bottom upgrades ensure low maintenance and high appeal for current and potential tenants. Positioned in a desirable location, this property is a strong performer with exceptional income and low expenses. Additional revenue streams can be tapped from possible laundry and parking facilities. With Cobourg's growing market, this investment offers both immediate returns and future upside. Seize this rare opportunity to add a premier asset to your portfolio. Improvements include: new Mansard roof, fascia, all new pluming and electrical, all hydro and water meters separated, all new residential interior finishes and all new custom windows, with fire shutters on egress windows. Hundreds of thousands in upgrades! Please note that photos are from the prior listing - middle front commercial tenant is now Cobourg Fades. Some still photos and iGuide from prior to some residential tenants and central front commercial tenant moving in.
Property Highlights
For Sale
MLS NO.
X12887826
Type
Commercial
Sub Type
Investment
Square Footage
0.3 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12887826
Lot Width
72.74
Lot Size Units
SquareFeet
Garage Type
None
Cooling
No
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
144 King Street W, Cobourg, ON K9A 2M5
City
Cobourg
Neighbourhood
Cobourg
County / Region
Northumberland
Province / State
ON
Postal Code
K9A 2M5
Cross Street
King St W / Ball
Directions
401 E to Exit 472, turn right on Division, left on King St W
Country
CA
List Price
$2,550,000
Annual Taxes
$15,935
Tax Year
2025
Legal Description
PT LT 5 BLK I N/S KING ST PL CADDY (FORMERLY LT 18
Possession Type
Immediate
Possession Details
IMMEDIATE
Listing Office
RE/MAX Jazz INC.
Board
Central Lakes Association of REALTORS
Original Entry
2026-03-16T17:24:04Z
Media Updated
2026-06-29T18:27:09Z
Photos Updated
2026-03-16T17:24:05Z
Last Modified
2026-06-29T18:27:22Z
System Modified
2026-06-29T18:27:22.614433Z
MLS Status
Price Change
Basement Yn
Yes
Ddfyn
Yes
Expiration Date
2026-09-15
Heat Type Multi
Baseboard
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
510940186
Public Remarks
Exceptional fully renovated mixed-use 12-plex in the heart of Cobourg, Ontario. This turnkey property features 4 commercial units and 8 residential units, all with separate water and hydrometers, allowing tenants to pay their own utilities. Recent top-to-bottom upgrades ensure low maintenance and high appeal for current and potential tenants. Positioned in a desirable location, this property is a strong performer with exceptional income and low expenses. Additional revenue streams can be tapped from possible laundry and parking facilities. With Cobourg's growing market, this investment offers both immediate returns and future upside. Seize this rare opportunity to add a premier asset to your portfolio. Improvements include: new Mansard roof, fascia, all new pluming and electrical, all hydro and water meters separated, all new residential interior finishes and all new custom windows, with fire shutters on egress windows. Hundreds of thousands in upgrades! Please note that photos are from the prior listing - middle front commercial tenant is now Cobourg Fades. Some still photos and iGuide from prior to some residential tenants and central front commercial tenant moving in.
