$799,000
ESTIMATED
2
BEDROOMS
5
BATHROOMS
X6624422
MLSID
79 King Street 8 & 8B, Cobourg
Full Vendor Finance Available! 7% IR w/ 25% Down. Amazing Opportunity! LIVE, WORK, INVEST DOWNTOWN BY THE BEACH & MARINA in a converted, Historic Condo Development. This is a Mixed-use Res & Comm Condo. Commercial Unit in front & Res in back + 2 Parking Spaces. Both units currently Tenanted for turnkey income. Res. Condo: Stylish 1495 Sq Ft 2Br+ Den, 2Bath Condo w/ Patio. Tenant pays $2700/m Commercial: 2050 Sq Ft Salon/Spa/Retail w Storefront Windows on Main Street in Boutique Downtown, 5 Prof./Med Offices/Conference or Waiting Rm. Reception. Merchandise Area. 2Bath 2 Steam Showers. 3 entrances. Commercial Tenant pays $4047.31/m incl TMI Both units on *MN FL ONLY* in a Mixed-Use condo development. 1 blk to VIA® 1Hr to Toronto. What an incredible chance at ownership. Downtown Cobourg steps to the beach/marina, farmer's market, restaurants, shops, entertainment, art gallery. Can Occupy Residence (LL Tenant board rules/proper notice & only for your own use) or keep a great Tenant!
Summary
Address
79 King Street 8 & 8B
City
Community
Street
MLSID
X6624422
Property Type
Common Element Condo
Property Category
Bedrooms
2
Bathrooms
5
Kitchens
1
Building
King George Mews
Zoning
Main Commercial
Taxes (Annual)
$10,603.00
Tax Year
2023
Published
June 29, 2023
Days on Market
781 Days
Possession Details
Tbd
Extras
Exp. Brick in Retail. Large Primary Suite w/ Ensuite Bath (sep. shower/tub) Walk/in Closet, Wood Lam Flr, SS Appls., French Drs to Patio. List of many upgrades & Income/Expenses Avail. for the 2 mixed-use Residential & Commercial Condo Bldg
Inclusions
SS Fridge, Stove, Dishwasher, Stackable Front Load Washer, Dryer
Exclusions
Hot Water tanks are Common Elements
Details
Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Main Level
Bathroom 3
4-Piece Main Level
Bathroom 4
2-Piece Main Level
Bathroom 5
1-Piece Main Level
Parking Spaces
2
Parking Total
2
Roof
[]
Construction Materials
[]
Balcony Type
Terrace
Exposure
South
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
