For Sale

40 King Street, Cobourg, Ontario K9A 2M1

$1,689,000

40 King Street, Cobourg, Ontario K9A 2M1 is For Sale and has a listing price of 1,689,000. The property is located in the Cobourg neighbourhood . It's been on the website for 79 Days.

  • Detached
    Property Type
  • 3
    Bedrooms
  • 5
    Bathrooms
  • Parking
  • MLS ID: X12172075
  • Office Name CENTURY 21 ALL-PRO REALTY (1993) LTD.
Property Description

A Downtown Legacy building Masterpiece! Live above your business. Work below your home. Whether you’re a creative entrepreneur, urban professional, or investor, this is an exceptional opportunity to own a turnkey property in vibrant tourist & cultural corridors. Live. Work. Host. Invest. It’s all here just steps to the Esplanade, Boardwalk, Marina, Beach, Farmers Market, Restaurants. VIA station 1 BLK & 100km to Toronto for commuting to this staycation hotspot. A Fabulous Lifestyle Awaits! A spectacular c.1870s 4-storey brick building offering a rare opportunity in the heart of the downtown heritage district. Fully Renovated, Mixed-use residential/commercial property seamlessly blends luxury, character, & income potential. 3+ BRs 5 Baths. Private Lift style Elevator. Rooftop Terrace. Live Above It All. A 3rd flr living area features a spacious north-facing living room with glass doors opening onto an 800 sq ft rooftop terrace (new railings). The home component is an entertainers dream with city views & steps to the lake breezes. South-facing views showcase the iconic Victoria Hall & charming heritage streetscape. Mindful renovations throughout include: Solid Canadian Maple Hardwood flooring, soaring vaulted ceilings, custom, classic & contemporary Kitchen. Spa-inspired baths, Arched Heritage windows, Slider Barn Doors, & Built-in Cabinetry. Bedrooms: A spacious 3rd flr BR with 4-piece Bath. Apartment-sized 4th floor loft Primary Suite with Ensuite Bath/Laundry combo & Walk In Closet. Potential for additional Bedrooms on 2nd flr in the studio/office level that has a 3pce Bath. Commercial Unit: Immaculate 2000+ MN FL Retail Storefront space with street access + pristine basement level with ample storage & staff rooms + 2pce Bath & janitorial sink closet. Zoning allows for Res/Com use. Ideal for Live/Work, B&B, or Boutique Hotel conversion. 5 entrances, 3 staircases, personal lift/elevator to 3rd floor. *Ask for detailed Feature Sheet & Floor Plans *

Property Details
  • Bedrooms: 3
  • MLS ID: X12172075
  • Bathrooms: 5
  • Price: $1,689,000
  • Lot Depth: 135.91
  • Transaction Types: For Sale
  • Ref ID: X12172075
  • View: Mountain View, View (panoramic)
  • Year Built: N/A
  • Approx Sqft: 5000 +
  • Dir / Cross St: 2nd Street or Division Street
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
05/25/2025 X12172075 $1,689,000 For Sale - -
05/25/2025 X12172114 $1,689,000 For Sale - -
05/11/2025 X12140297 $3,200 Rented 06/25/2025 $3,200
12/14/2024 X11892954 $1,899,000 Cancelled 05/10/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cobourg
  • $828,126 Average List Price
    based on 1 year
  • 36 New Listings
    based on 30 days
  • 62 Median Days on Market
    based on 1 year
  • List vs. Selling Price 101.68 % Up
  • Sold (12mo) 184
  • Rented (12mo) 128

  • 1 Month Change -4.1%
  • 3 Month Change +82.7%
  • 6 Month Change -25.0%
Walkscore
  • 94 Walk Score
    Walker's Paradise
  • 81 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    71.75%
  • Commercial
    8.76%
  • Condo
    18.42%
  • Land for Sale
    1.07%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 1
  • Central Vac Y
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Brick
  • Kitchen Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 2
  • Washrooms Type 4 # Pcs: 2
  • Washrooms Type 5 # Pcs: 2
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Washrooms Type 5: 1
  • Taxes: $13,794
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TB
  • Listing Entry Date: 25/05/2025 17:43:14
Want to see this property?