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Home ON Cobourg Northumberland County
144 KING STREET W
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144 KING STREET W $2,600,000
Price Change on 12/04/2025
$2,600,000
-$150,000
$2,750,000
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144 KING STREET W
Cobourg, Ontario K9A2M5

MLS® Number: X12338042

Listing Description

Exceptional fully renovated mixed-use 12-plex in the heart of Cobourg, Ontario. This turnkey property features 4 commercial units and 8 residential units, all with separate water and hydrometers, allowing tenants to pay their own utilities. Recent top-to-bottom upgrades ensure low maintenance and high appeal for current and potential tenants. Positioned in a desirable location, this property is a strong performer with exceptional income and low expenses. Additional revenue streams can be tapped from possible laundry and parking facilities. With Cobourg's growing market, this investment offers both immediate returns and future upside. Seize this rare opportunity to add a premier asset to your portfolio. Improvements include: new Mansard roof, fascia, all new pluming and electrical, all hydro and water meters separated, all new residential interior finishes and all new custom windows, with fire shutters on egress windows. Hundreds of thousands in upgrades! Please note that photos are from the prior listing - middle front commercial tenant is now Cobourg Fades. Some still photos and iGuide from prior to some residential tenants and central front commercial tenant moving in. (41056900)

Location Description

Cross Streets: King St W / Ball. ** Directions: 401 E to Exit 472, turn right on Division, left on King St W.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Cobourg
Land Size
0.3 ac
Annual Property Taxes
$15,934.86
Time on REALTOR.ca
126 days

Building

Building Features
Rental Equipment
Water Heater
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Land

Lot Features
Frontage
72 ft ,8 in
Land Depth
176 ft
Other Property Information
Zoning Description
MC
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ANITA BONGERS-LEWIS