#8 & 8b -79 King St W Cobourg, Ontario K9A 2M4

4 Bathroom 3589 sqft
Fully Air Conditioned


INVESTOR'S DREAM!! Vendor FINANCE offering 7% IR w/ 25% down. Perfect Live/Work Space & Income property in Downtown Commercial/Residential Mixed-use Condo. 2 Units on 1 Level (front & back) 2 Parking Spaces. Front is Commercial Storefront on Main Street in Boutique Downtown. 2050 Sq Ft Former Spa/Salon now Retail w/ Big Storefront Windows, 5 Treatment Rms/Prof./Med Offices. Reception & Merchandise Area, 2Bath, 2 Steam Showers, 3 entrances. Res. Condo in back is stylish1495 Sq Ft 2Br +Den 2Bath w/ South Facing Patio Rented at $2700/Mo. Income/Expenses Avail. Modern Character Bldg. Res Tenant on 2nd term of Month to Month lease pays $2700/m+Heat/Hydro. Comm Tenant on 5YR Lease pays $4047.31 (includes Base Rent+Condo Fee+Property Taxes +HST) Owner pays Res Taxes, Res Condo fee. Condo fee includes: Bldg Insur., Water, Common Elements, Reserve fund. Solid investment w/ approx. 4.8% Cap Rate (before debt service) Incredible chance to invest with Financing now Available from Vendor!**** EXTRAS **** Comm Unit: Exposed Brick Wall, Artisan Trim, Tilework. Residential Unit: Wood Laminate flooring. Glass block. SS Appliances. Primary Ensuite Bath w/ Sep Shower/Tub.Walk-In closet. Fr Drs to Patio. (Some photos from previous Spa tenant) (id:45488)

Property Details

MLS® Number X6624390
Property Type Retail
Community Name Cobourg
Amenities Near By Public Transit, Recreation
Parking Space Total 2


Bathroom Total 4
Cooling Type Fully Air Conditioned
Size Exterior 3589 Sqft
Size Interior 3589 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water


Acreage No
Land Amenities Public Transit, Recreation
Sewer Sanitary Sewer



Contact us for more information

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Denise Eileen Liboiron

(289) 251-2190

Century 21 All-Pro Realty (1993) Ltd.
365 Westwood Drive Unit 5
Cobourg, Ontario K9A 4M5

(905) 372-3355
(905) 372-4626

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