31 King Street E, Cobourg, ON K9A 1K6
Cobourg, ON K9A 1K6
Quick cost estimateKnown monthly subtotal$5,682.26 / monthLand transfer tax $16,235One-time estimate
Quick cost estimate
$5,682.26 / monthKnown monthly subtotal
- Mortgage principal & interest
- $4,597.01
- Property tax / month
- $1,085.25
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $16,235
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $16,235
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
AMAZING INVESTEMENT OPPORTUNITY FOR INVESTORS AND END USER!! Ground floor restaurant, could be available for Lease. Excellent investment and lifestyle opportunity in the heart of downtown Cobourg. This solid brick semi-detached building offers a strong mixed-use configuration featuring a fully operating restaurant on the main level and two spacious residential apartments on the second floor each with a view of the lake. The main floor restaurant has been recently upgraded and is well maintained, with a proven history of successful operation. It includes an inviting layout and an outstanding patio area that has become a popular destination for patrons over the years. The second level consists of two large residential apartments, both well proportioned and suited for long-term tenants. The property is fully tenanted, with the restaurant paying approximately $6,250/month including HST, and each residential unit renting for approximately $1,100/month, providing stable and consistent income. Situated in Cobourg's vibrant downtown, the property benefits from steady pedestrian activity, local amenities, and year-round appeal from both tourists and residents. The location is enhanced by its proximity to the waterfront, with the popular marina and Cobourg Beach just a short walk away, drawing significant seasonal and weekend traffic. The building is well maintained throughout and includes a full basement. Existing tenants would be happy to remain, providing a seamless investment transition, or vacant possession can be arranged for an owner-operator. A rare opportunity to acquire a well-performing mixed-use asset in one of Cobourg's most desirable and high-traffic downtown locations.
Home details
- Days on market
- Not reported
- Property type
- Commercial Retail
- MLS® number
- X13166864
- Source status
- New
- Postal code
- K9A 1K6
- Building area (total)
- 5,457.30 sq ft
- Lot depth
- 165.02 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Tenant
- Possession type
- Flexible
- Garage
- None
- Annual property tax
- 13023
- Heating system
- Gas Forced Air Closed
- Cooling
- Partial
- Utility services
- Yes
- MLS entry age (not confirmed DOM)
- 167 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Reported utility services
- Yes
- Heating system
- Gas Forced Air Closed
- Cooling
- Partial
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
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Converted measurements are approximate. Levels and dimensions are shown only when supplied.
Room-count details have not been supplied for this listing.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $988,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
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- Region / county
- NORTHUMBERLAND
- Municipality
- COBOURG
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Around this property
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Nearby schools
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Transit near this property
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Nearby shops & amenities
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Similar homes for sale in Cobourg
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Home and neighbourhood overview
31 King Street E, Cobourg, ON K9A 1K6, Cobourg is listed for sale as a Commercial Retail. Asking price: $988,000. Occupancy is reported as Tenant. MLS® X13166864.
Local context
Explore the area: Northumberland · Cobourg.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: REAL BROKER ONTARIO LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13166864. Information deemed reliable but not guaranteed.