$349,000 FOR SALE

Commercial/Retail

Total Area: 1,143 ft2
2023 Taxes: $4,546.18

79 King St W #A
Cobourg, ON K9A 2M4 | Northumberland

Professional Offices Investment Opportunity! Superb, renovated Commercial Condo with Large Main Street Display Windows, 4 Offices, a Reception Area, Two 2-pce Baths R/in, Storage. Located well in a busy Downtown heritage streetscape in the business, boutique & tourist district steps to the Beach/Marina. Select your next investment in this in-demand district just Steps to Marina, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north & 1hr to Toronto for commuters. Unit shares entry vestibule common area w/ adjacent unit w/ Tenant in place. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Tenant pays Condo Fee $493.69/m, Property Tax, Heat/Utilities. (Condo fee covers Water, Bldg Insurance, Common Elements, Reserve fund, Property Mgmt.) Gross Income $18,288.00 Cap Rate 4.6% Solid Tenant Business Offices Lease just renewed 10/31/24

Extras
High Ceilings, Large Front Windows. Updated Laminate Flooring, Lighting, 2-2pce Baths R/In, Storage Cupboards, Shared Front vestibule entrance. Outdoor display area. Heritage District. Investment w/ long term tenant. Adjacent condo for sale

Share

Listed By CENTURY 21 ALL-PRO REALTY (1993) LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8435474
Last Updated Jun 22, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Commercial Condo
PIN 518620002
Occupancy Tenant
Possession Date TBD
Taxes (2023) $4,546.18
Tax Type Annual
Directions/Cross Streets Third St/King St W
Neighbourhood Cobourg
Area Northumberland
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Bathrooms 2
Office/Apt Area 1,143 ft2
Total Area 1,143 ft2
Approximate Age 16-30
Elevator None
Air Conditioning Y
Basement N
Garage Type None
Amps 200
Heat Type Elec Forced Air
Outside Storage N
Area Influences Public Transit
Sprinklers N
Sewers Sanitary
Utilities A
Water Municipal
Crane N
Survey N
Lot/Bldg/Unit Code Unit
Zoning Main Commercial
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.