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Aloysius Okafor

Sales Representative
CENTURY 21 Paramount Realty Inc., Brokerage Independently owned and operated. 8550 Torbram Rd Unit 4, Brampton, Ontario L6T5C8 Cell: 647-890-0712Office: 905-799-7000Fax: 905-799-7001

$1,899,000
Available - For Sale
Listing ID: X11888354
40 King St West , Cobourg, K9A 2M1, Ontario


A meticulously renovated 4-story historic brick building, dating back to the 1870s, presenting an exceptional investment for a residential, commercial mixed-use building. Located just steps from the beach, marina, & VIA station, only 100 km from Toronto, this investment property offers both charm & modern convenience in excellent condition. Renovated with high-end custom craftsmanship & designer finishes, including Canadian maple hardwood floors, vaulted ceilings, contemporary kitchen & bathrooms, built-in cabinetry, & stylish barn slider doors, it is a fabulous find. Arched windows flood the space with natural light on two floors & offer quaint views of a vibrant downtown heritage streetscape. 4 Entrances on King St plus a back Entrance & a lift elevator. On the first floor, a retail clothing store generates income & includes large display windows, an outdoor display area, & a finished basement with staff rooms, storage, & two 2-piece baths. The second floor is currently used as a studio & warehouse & could easily be converted into another living space or offices. It includes a 3-piece bath & two large rooms. On the 3rd floor a Northside living room enjoys glass doors leading to an 800 sq ft rooftop terrace, perfect for relaxing or entertaining & includes a guest BR & stunning 4-piece bath. Above a large 4th floor Primary BR Suite features a laundry/bath combo & walk-in closet. Bonus of 4 parking spaces & backing onto a public parking lot. The business is also available for sale, providing a unique live-work opportunity. Option for the buyer to buy & run the business or the current owner may rent the commercial space from the Buyer. Modern heat/cool pump on upper floors & gas furnace a/c on main floor. This is a rare gem in the heart of downtown close to the VIA Station (100km to Toronto) Just steps to the beach, marina & harbourfront tourist area. A smart acquisition for income or Live-Work space with significant growth potential.
Extras:   All SS Appls. Heat Pump/Wall unit. Lift. Maple Hardwood Floors, Vaulted Ceiling, Pot Lights, Fans, Contemporary Kitchen & Baths, B/in Cabinets. Warehouse Space on 2nd Fl. Office/Studio. Central Vac.&Components. Ship/Receive Access in back.
Price $1,899,000
Taxes: $13794.00
Tax Type: Annual
Occupancy by: Owner
Address: 40 King St West , Cobourg, K9A 2M1, Ontario
Postal Code: K9A 2M1
Province/State: Ontario
Legal Description: PT LT 6 BLK D ( cont'd see attachment)
Lot Size: 29.83 x 135.91 (Feet)
Directions/Cross Streets: 2nd Street or Division Street
Category: Store With Apt/Office
Building Percentage: Y
Total Area: 8022.80
Total Area Code:  Sq Ft
Office/Appartment Area: 5037
Office/Appartment Area Code: Sq Ft
Retail Area: 2986
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 100+
Sprinklers: N
Washrooms: 5
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Grade Level Shipping Doors #: 1
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Sewers: San+Storm
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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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.
CENTURY 21 ALL-PRO REALTY (1993) LTD.
Personal Picture
Aloysius Okafor
Sales Representative
Dir:
647-890-0712
Bus:
905-799-7000
Fax:
905-799-7001
 
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At a Glance:
Type: Com - Store W/Apt/Office
Area: Northumberland
Municipality: Cobourg
Neighbourhood: Cobourg
Style:
Lot Size: 29.83 x 135.91(Feet)
Approximate Age: 100+
Tax: $13,794
Maintenance Fee: $0
Beds:
Baths: 5
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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