164 Division St
Cobourg, K9A3P3
For Sale
$2,600,000
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Apartment
CATEGORY4,000 Sq Ft
TOTAL AREAX8223104
MLSIDContact Us
Property Description
Located in Eastern Ontario's Tourist Gateway, Welcome to Scenic and Historic Cobourg. 1 Hour by Car or Via Rail from the GTA this Uniquely Built and Luxuriously Designed Commercial/Multi Residential Building Offers Opportunity. It Features One Commercial Business and 2 Residential Homes: A Well Established Turn-Key Seasonal Business "Harbourlight Delights Ice Cream", 2 Bedroom + Bath Residential Loft with Terrace and Views of Lake Ontario and 3 Bedroom + 3 Bath Residential Home with Balcony and Views of the Beach and Marina. The Building is an Empire Replica and offers incredible Custom Design and Quality including Stone, Ironwork and BC Cedar Shingles. Please as a Courtesy all Viewings by Appointment Only. Thank You.
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Buyer/Agent Due Dilligence on all aspects of the property & Intended Use.
Property Details
Category
Apartment
Usage
Other
Zoning
Retail/Office with residential unit code
Total Area
4,000 Sq Ft
Retail Area
1,000 Sq Ft
Lot Size
56' x 72'
Taxes
$9,086 (2023)
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Listing contracted with Royal Heritage Realty Ltd
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OPPORTUNITIES FOR MULTI UNIT PROPERTIES CLOSE TO THE BEACH IN COBOURG WITH SOLID INCOME ARE RARE. VERY WELL MAINTAINED 6 PLEX IN THE HEART OF COBOURG WITHIN WALKING DISTANCE TO SHOPPING, RESTAURANTS, PARKS, BEACH. FULLY RENTED CURRENTLY SHOWING A GOOD INCOME AND ROOM FOR GROWTH. INDIVIDUALLY METERED FOR HYDRO AND UPDATED/RENOVATED APPARTMENTS WITH CHARACTER AND CHARM. EXCELLENT ZONING WITH MANY PERMITED USES FOR FUTURE PLANS MAKES THIS ONE A GREAT INVESTMENT FOR THE FUTURE. CONTACT THE LOCAL AUTHORITIES DIRECTLY FOR ANY INFORMATION AND DO YOUR DUE DILIGENCE BEFORE MOVING FORWARD. SERIOUS INQUIRIES ONLY PLEASE, THE TENANTS DO NOT NEED TO BE DISTURBED DAILY WITHOUT VALID REASONS. BUYERS SHOULD BE PRE APPROVED FINANCIALLY FOR THIS TYPE OF PURCHASE IN ADVANCE. IF YOU'RE LOOKING TO INVEST IN A MULTI UNIT IN COBOURG AND IN YOUR FUTURE THEN YOU WON'T WANT TO WAIT ON THIS ONE.
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