• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$4,250,000
Available - For Sale
Listing ID: X14093796
550 King Street East , Cobourg, K9A 0S4, Northumberland


A marquee development opportunity in Cobourg at 550 King Street East -- a landmark location offering 4 acres of potential and endless possibilities. Introducing a rare opportunity to acquire one of Cobourg's most prominent east-end properties. Strategically positioned with approximately 400 feet of frontage on the sunny side of King Street East, #550 is a true gateway property, capturing attention as you enter town. With its high-profile location, substantial landholding and development zoning, this exceptional 4 acre parcel presents an exciting opportunity for visionary builders, savvy investors and developers looking to secure a significant presence in a growing community. Offering municipal water, sewer, natural gas and featuring two entrances directly off King Street East, this property provides a compelling foundation for future development. Surrounded by new and established residential neighbourhoods along with new build commercial amenities, the location places future possibilities within a community experiencing continued growth and transformation. Opportunities of this scale and visibility are rarely available in such a strategic location. Whether you are an established developer expanding your portfolio or a builder seeking your next significant project, 550 King Street East offers the chance to envision what comes next in one of Cobourg's most recognizable locations. Property is being offered primarily for its land value and future development potential. The existing dwelling and outbuildings are not available for showings.
Price $4,250,000
Taxes: $5907.06
Occupancy: Owner
Address: 550 King Street East , Cobourg, K9A 0S4, Northumberland
Acreage: 2-4.99
Directions/Cross Streets: King St E & Willmott St., West of Workman Rd
Bedrooms: 0
Bedrooms +: 0
Washroom Type No. of Pieces Level
Washroom Type 1 0
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Washroom Type 18 0
Washroom Type 19 0
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Washroom Type 35 0
Washroom Type 36 0
Washroom Type 37 0
Washroom Type 38 0
Washroom Type 39 0
Washroom Type 40 0
Total Area: 0.00
Property Type: Vacant Land
Drive Parking Spaces: 0
Property Features: Beach, Lake/Pond
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Re/Max Impact Realty
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Freehold - Vacant Land
Area: Northumberland
Municipality: Cobourg
Neighbourhood: Cobourg
Style:
Lot Size: x 405.01(Feet)
Approximate Age:
Tax: $5,907.06
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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