$399,000
FOR SALE

Commercial/Retail

Total Area: 1,143 ft2
2023 Taxes: $4,546.18

79 King St W #A
Cobourg, ON K9A 2M4 | Northumberland

Professional Offices Investment Opportunity! Superb, renovated Commercial Condo with Large Main Street Display Windows, 4 Offices, a Reception Area, Two 2-pce Baths R/in, Storage. Located well in a busy Downtown heritage streetscape in the business, boutique & tourist district steps to the Beach/Marina. Select your next investment in this in-demand district just Steps to Marina, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north & 1hr to Toronto for commuters. Unit shares entry vestibule common area w/ adjacent unit w/ Tenant in place. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Tenant pays Condo Fee $493.69/m, Property Tax, Heat/Utilities. (Condo fee covers Water, Bldg Insurance, Common Elements, Reserve fund, Property Mgmt.) Gross Income $18,288.00 Cap Rate 4.6% Solid Tenant Business Offices Lease just renewed 10/31/24
Extras
High Ceilings, Large Front Windows. Updated Laminate Flooring, Lighting, 2-2pce Baths R/In, Storage Cupboards, Shared Front vestibule entrance. Outdoor display space. Heritage District. Turnkey Investment w/ long term tenant.
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Listed By CENTURY 21 ALL-PRO REALTY (1993) LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8104028
Last Updated Mar 18, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Commercial Condo
PIN 518620002
Occupancy Owner
Possession Date Immediate
Taxes (2023) $4,546.18
Tax Type Annual
Commercial Condo Fees $493.69
Directions/Cross Streets Third St/King St W
Neighbourhood Cobourg
Area Northumberland
Price History

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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Bathrooms 2
Office/Apt Area 1,143 ft2
Total Area 1,143 ft2
Approximate Age 16-30
Elevator None
Air Conditioning Y
Basement N
Garage Type None
Amps 200
Heat Type Elec Forced Air
Outside Storage N
Area Influences Public Transit
Sprinklers N
Sewers Sanitary
Utilities A
Water Municipal
Crane N
Survey N
Lot/Bldg/Unit Code Unit
Zoning Main Commercial
Seller Property Info Statement N

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