$1,400,000
Available - For Sale
Listing ID: X10433227
39 King St West , Cobourg, K9A 2M1, Ontario


Sought After Freehold, Mixed-Use Comm/Res 3FL Apt. Bldg. in Prime Downtown Location. Commercial for your own business + 3 Residential Income Apts. OR set the rent for the Main Fl commercial & Rent out when you buy. (Commercial is currently on market for lease. May be rented TBD) Great Investment. Historic Character + Well-Updated & in good shape. 3 Res Apts. Tenanted on 2nd & 3rd FL w/Sep. Front Door entrance. Overlooks boutique tourist & shopping district. Mn Flr Retail was successful Salon, Owner-operated & well-maintained for 22 Years! Beautiful big Storefront Display Windows Treatment room, hair stations, large merch & reception area. 4 Entrances. Basement & Main Floor both have Walkouts to 3 parking spots in back. Great for Shipping/receiving or a Potential Patio space for Restaurant? Public Parking behind, Steps to the Marina, Yacht Club, Beach, Park, Esplanade & Boardwalk. Adjacent to gorgeous Victoria Hall, Art Gallery & Concert Hall. Large Banner signage area in front & back. Plenty of natural light, high ceilings, laminate & tile flooring. Basement used for office, laundry hookups, 2pce Bath, Storage. Invest for Success in coveted Prime location near Victoria Hall. VIA 1Blk ~ 100km to Toronto
Extras:   Newer membrane roof on building, 3 Parking Spots. Potential for patio. Salon washing stations Plumbed-In. Can remove. Brick building w/ character in great condition. Buyer can occupy Commercial if not leased yet! Tenant leases for review.
Price $1,400,000
Minimum Rental Term: 36
Maximum Rental Term: 60
Taxes: $8916.00
Tax Type: Annual
Occupancy by: Partial
Address: 39 King St West , Cobourg, K9A 2M1, Ontario
Postal Code: K9A 2M1
Province/State: Ontario
Lot Size: 22.26 x 115.60 (Feet)
Directions/Cross Streets: Second Street/King St W
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 4390.00
Total Area Code:  Sq Ft
Office/Appartment Area: 2054
Office/Appartment Area Code: Sq Ft
Retail Area: 1161
Retail Area Code: Sq Ft
Approximatly Age: 100+
Taxes Expense: $8916
Insurance Expense: $7430
 Heat Expenses: $1440
Water Expense: $3240
Other Expenses: $600
Gross Income/Sales: $103200
Net Income Before Debt: $81574
Expenses Actual/Estimated: $Est
Sprinklers: N
Washrooms: 2
Crane: N
Clear Height Feet: 6
Truck Level Shipping Doors #: 1
Grade Level Shipping Doors #: 1
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Sewers: San+Storm
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 ALL-PRO REALTY (1993) LTD.
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Zannatal Ferdoush
Sales Representative
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At a Glance:
Type: Com - Investment
Area: Northumberland
Municipality: Cobourg
Neighbourhood: Cobourg
Style:
Lot Size: 22.26 x 115.60(Feet)
Approximate Age: 100+
Tax: $8,916
Maintenance Fee: $0
Beds:
Baths: 2
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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