For Sale

1025 Elgin Street, Cobourg, Ontario K9A 5W4

$295,000

1025 Elgin Street, Cobourg, Ontario K9A 5W4 is For Sale and has a listing price of 295,000. The property is located in the Cobourg neighbourhood . It's been on the website for 63 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12001324
  • Office Name HOMELIFE/MIRACLE REALTY LTD
Property Description

Excellent Turned Key Fat Bastard Burrito Business For Sale in Cobourg. Located at the busy intersection of Burnham St & Elgin St W. Steps Away From Northumberland Mall. Great Opportunity To Own A Successful And Profitable Burrito Store! Good Volume Burrito Store Located In A Very Busy Residential Area. Current Owner Had Newly Built This Location And It Has Been Performing Excellent Since It Started In 2023.Excellent Current Sales. Weekly Sales: Approx. $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly With Long Lease Until May 2033 + 5 years + 5 years option to renew, Royalty: 8%, Advertising: 2%, Labor Cost: 20%. Employees 2 FT & 2 PT. Not To Be Missed! Open 7 Days A Week.

Property Details
  • MLS ID: X12001324
  • Price: $295,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X12001324
  • Year Built: N/A
  • Dir / Cross St: Burnham St & Elgin St W
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
06/02/2025 X12188954 $275,000 For Sale - -
03/05/2025 X12001324 $295,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cobourg
  • $824,704 Average List Price
    based on 1 year
  • 46 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100.77 % Up
  • Sold (12mo) 206
  • Rented (12mo) 147

  • 1 Month Change +138.9%
  • 3 Month Change -2.9%
  • 6 Month Change +17.5%
Walkscore
  • 76 Walk Score
    Very Walkable
  • 79 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    72.41%
  • Commercial
    9%
  • Condo
    17.42%
  • Land for Sale
    1.17%
Additional Details
  • Heat Type Y
  • Garage Type Plaza
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 05/03/2025 14:28:06
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