For Sale

40 King Street, Cobourg, Ontario K9A 2M1

$1,689,000

40 King Street, Cobourg, Ontario K9A 2M1 is For Sale and has a listing price of 1,689,000. The property is located in the Cobourg neighbourhood . It's been on the website for 83 Days.

  • 5
    Bathrooms
  • MLS ID: X12172114
  • Office Name CENTURY 21 ALL-PRO REALTY (1993) LTD.
Property Description

Prime Downtown Professionally-Renovated, Masterpiece Building. Luxury Living Meets Premium Commercial Presence For Sale. Rare Opportunity. Live. Work. Invest. Welcome to a truly unique, irreplaceable property in the heart of Downtown. A fully renovated Mixed-use Res/Comm building that flawlessly blends upscale urban living with an impressive, high-visibility commercial space. Residential Space (Upper Floors):Exquisite living with premium finishes. Soaring ceilings, natural light, & boutique downtown views with glimpses to the lake. Gourmet kitchen, spa-inspired bathrooms, designer lighting. Perfect for an owner-occupant or luxury rental opportunity. Private entrances ensures peace, privacy. Prestige Commercial Space Storefront Main Street Level: Beautifully renovated with premium materials & modern design Ideal for retail, creative office, gallery, or showroom. High foot traffic & excellent visibility in a vibrant district. Flexible layout with impeccable finishes, ready to impress clients. Updated systems & infrastructure. Prime downtown location near shops, restaurants, cultural hotspots. Fully turn-key. No renovations needed, just move in or rent out. Strong income potential from both spaces. Could add 3rd unit or more on 2nd Floor studio/warehouse that has a 3pce Bath already installed! So many options. A rare blend of lifestyle & investment in one sophisticated package. New Black Rooftop Terrace railings just installed ( not shown in photos)

Property Details
  • MLS ID: X12172114
  • Bathrooms: 5
  • Price: $1,689,000
  • Lot Depth: 135.91
  • Transaction Types: For Sale
  • Ref ID: X12172114
  • Year Built: N/A
  • Dir / Cross St: 2nd Street or Division Street
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Commercial
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
05/25/2025 X12172075 $1,689,000 For Sale - -
05/25/2025 X12172114 $1,689,000 For Sale - -
05/11/2025 X12140297 $3,200 Rented 06/25/2025 $3,200
12/14/2024 X11892954 $1,899,000 Cancelled 05/10/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cobourg
  • $826,104 Average List Price
    based on 1 year
  • 37 New Listings
    based on 30 days
  • 98 Median Days on Market
    based on 1 year
  • List vs. Selling Price 102.52 % Up
  • Sold (12mo) 184
  • Rented (12mo) 130

  • 1 Month Change -13.3%
  • 3 Month Change +65.1%
  • 6 Month Change -32.2%
Walkscore
  • 95 Walk Score
    Walker's Paradise
  • 81 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    71.61%
  • Commercial
    8.73%
  • Condo
    18.6%
  • Land for Sale
    1.06%
Additional Details
  • Heat Type Y
  • Washroom Type1: 5
  • Garage Type Y
  • Taxes: $13,794
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 25/05/2025 18:54:16
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