131 King Street, Cobourg, ON
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Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,179,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 5 Bathrooms with 4 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 64.93 x 148.92 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Separate Heating Controls, Storage
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
A special multi unit investment opportunity in the "heart" of downtown Cobourg, history transformed what once was an original Baptist Church constructed in 1956, peacefully tucked along King Street. Now a legal 4plex, this property offers a multitude of uses, whether you desire multi generational living, or utilized as an investment/income generating property it's all up to your imagination! Comprising two MAIN floor units, loft style, uniquely designed for an inviting and unique space that welcomes you immediately. Two LOWER units, one more expansive with seperate entrances for all 4 units, ample parking and all of the old world charm of this beautifully in tack full brick building. A lovely location for the consideration of possible short term rental, enjoy a short walk to the Cobourg Beach and Marina, parks, locate eateries, grocery market and all of the additional beauty of this location and all the history that surrounds. A must view to appreciate, this multi unit property feels much like the comforts of a traditional home and could easily accommodate something that suits your own families personal needs. Excellent revenue, additional details and property features available to prospective buyers, a great way to get a better understanding of all the opportunity that lives within this piece of Cobourg's history books!
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Key Features
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Additional Details
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Library
- Marina
- Public Transit
- Place Of Worship
- School Bus Route
Interior Features
- Separate Hydro Meter
- Separate Heating Controls
- Storage
- In-Law Capability
Security Features
- Smoke Detector
- Carbon Monoxide Detectors
Community Features
None listed
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Frequently Asked Questions about 131 King Street, Cobourg, ON
Q.What is the asking price for 131 King Street, Cobourg, ON ?
The current listing price for 131 King Street, Cobourg, ON in Cobourg, Cobourg is $1,179,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 131 King Street, Cobourg, ON ?
131 King Street, Cobourg, ON is a Fourplex (2-Storey) featuring a Finished basement.
Q.What key property features does 131 King Street, Cobourg, ON offer?
Key property features include: Beach, Library, Marina, Public Transit, Place Of Worship, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter, Separate Heating Controls, Storage, In-Law Capability.
Q.What security features are installed at 131 King Street, Cobourg, ON ?
Security features include: Smoke Detector, Carbon Monoxide Detectors.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Window Unit(s).
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Cobourg, Cobourg
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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Property History
No historical data available for this property.
This could be the first listing for this address.
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Pricing & Value Insights
Data-driven valuation for 131 King Street E, Cobourg, ON K9A 1L2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cobourg, ON
For a property listed at $1,179,000 in Cobourg, the legal minimum down payment is $235,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,055 for this transaction. As this listing is in Cobourg (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,055.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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