#8 & 8b -79 King St W Cobourg, Ontario K9A 2M4
$799,000
INVESTMENT DREAM. A RARE CHANCE TO GET INTO OWNERSHIP. Vendor FINANCE Available for the right person! Perfect Live/Work Space &/or Income Property. Downtown Commercial/Residential Mixed-use Condo. 2 Units on 1 Level 2 Parking Spaces. Front Unit Commercial Storefront faces Main Street in Boutique Downtown. 2050 SqFt Former Spa/Salon & Retail w/ Big Storefront Windows, 5 Treatment Rms or Offices. Reception & Merchandise Area, 2Bath, 2 Steam Showers, 3 entrances. *Commercial Unit Currently vacant* Residential Condo is beside on Ground floor also and is 1495 Sq Ft 2Br +Den 2Bath w/ South Facing Patio Rented at $2700/Mo.Res Tenant on 2nd term of Month to Month lease pays $2700/m +Heat & Hydro Owner pays Res Taxes, Res Condo fee. Condo fee includes: Bldg Insur., Water, Common Elements, Reserve fund. Solid investment w/ approx. 5.4% Cap Rate (before debt service) once front Commercial is Tenanted. A Rare chance to invest w/ Financing Available from Vendor. **** EXTRAS **** Comm Unit: Exposed Brick Wall, Artisan Trim, Tile, Kitchenette. Res Unit: Wood Lam flooring. Glass block. SS Appls. Ensuite Bath w/ Sep Shower/Tub.Walk-In closet. Fr Drs to Patio. Stackable front load washer dryer. (id:28587)
Property Details
| MLS® Number | X7370540 |
| Property Type | Retail |
| Community Name | Cobourg |
| Amenities Near By | Public Transit, Recreation |
| Parking Space Total | 2 |
Building
| Bathroom Total | 4 |
| Cooling Type | Fully Air Conditioned |
| Size Exterior | 3589 Sqft |
| Size Interior | 3589 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Sewer | Sanitary Sewer |
https://www.realtor.ca/real-estate/26376427/8-8b-79-king-st-w-cobourg-cobourg
Interested?
Contact us for more information
Denise Eileen Liboiron
Salesperson
www.deniseliboiron.com/
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365 Westwood Drive Unit 5
Cobourg, Ontario K9A 4M5
(905) 372-3355
(905) 372-4626
www.century21.ca/allprorealty
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 03 2024 02:02:33
Durham Region Association of REALTORS®
Century 21 All-Pro Realty (1993) Ltd.