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Last Updated : 562 Days ago
79 King St W, Cobourg, Ontario, Cobourg

8 & 8B - 79 King St W, Cobourg MLS Number: X7370540

Cobourg, Northumberland, ON, K9A 2M4

$799,000

Status: OFF MARKET

  • Property Type: Commercial (Store W/Apt/Office)
  • Property Taxes : $10603.00 (Tax Year:2023)
  • Listing Courtesy : Century 21 All-Pro Realty (1993) Ltd.

Unit-8 & 8B 79 King St W Property Description

INVESTMENT Res/Comm Live Work Condo downtown in Prime Location! A RARE CHANCE TO GET INTO OWNERSHIP. Vendor FINANCE Available with good downpayment. Terms TBD. Perfect Live/Work Space &/or Income Property. Downtown Commercial & Residential Mixed-use Condo with tons of upgrades & stylish interior. 2 Units on 1 Level 2 Parking Spaces. Front Unit Commercial Storefront with Exposed Brick & Big Storefront Windows facing Main Street in Boutique Downtown. Just tenanted for 3 year term. 2050 SqFt Former Spa/Salon & Retail, 5 Treatment Rms or Offices. Reception & Merchandise Area, 2Bath, Steam Shower, 3 entrances. New shop installing leasehold improvements: The Whispering Oak opening in June! Residential Condo is adjacent on main floor beside commercial unit with entrance in back. Beautiful flooring, large Primary BR w/ Huge walkin Closet & Large Ensuite w/ tiling, Sep Shower & Bath This 1495 Sq Ft 2Br +Den 2Bath w/ South Facing Patio is Rented at $2700/Mo. The Res Tenant is on 2nd year term Month-to-Month lease paying $2700/m +Heat & Hydro. (LL pays Res Taxes, Res Condo fee only) Condo fee includes: Bldg Insur., Water, Common Elements, Reserve fund. FULLY TENANTED - Tenant Pays $73,756.92 Expenses $36,748.51/YR Net Income $37,008.41/YR * Income/Expenses details available* Investment Opportunity with Financing Available from Vendor.

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Unit-8 & 8B 79 King St W Property Facts

Property Type :Commercial
MLS Number :X7370540
Listing Type :Sale
Property Age :16-30 Years
Possession Date :
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Last Updated :21 May, 2024 (562 Days ago)
Source :TRREB
Area :Northumberland
Postal Code : K9A 2M4
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Unit-8 & 8B 79 King St W Property Price & Tax Insights

Price : $799,000
Property Taxes :$10603.00
Tax Year :2023

Unit-8 & 8B 79 King St W, Cobourg Property Details

Cross Street :Third And King St W
Fireplace/Stove :No

79 King St W, Cobourg - Price History

2024-04

06 Apr, 2024

TREB #X7370540

Available

$799000.0

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79 King St W - Location Map and Landmarks

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79 King St W

79 King St W

Cobourg, Northumberland
  • 3 For Sale
  • 1 For Rent
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