Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X12887826

144 King Street W, Cobourg, ON K9A 2M5

Cobourg, ON K9A 2M5

$2,550,000 Est. $10,831/mo · 20% down, 25-yr, 4.09% ↓ $50,000 (-1.9%)
73 × 176 ftLot
InvestmentType

About this property

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.

Property Summary

Property TypeInvestment
Community NameCobourg
Land Size72.74 x 176 ft
Annual Property Taxes$15,934.00
Tax Year2025
Parking TypeNone Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions73 × 176 ft
Lot frontage73 ft
Lot depth176 ft

Interior Features

Inclusions8 fridges, 8 stoves
ExclusionsTenant Belongings

Building Features

StyleInvestment

Rental Equipment

Rental equipmentHWT's

Heating & Cooling

CoolingNo
Heating TypeBaseboard

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$15,934 (2025)

Listing history

On market sinceMar 16, 2026
Original list price$2,600,000

Location

Cobourg, ON K9A 2M5
Listed by RE/MAX Jazz INC., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
Run your own mortgage numbers Open the full calculator — adjust down payment, term, and rate. Email yourself the estimate.
Open calculator →
The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
144 King Street W, Cobourg, ON K9A 2M5