131 KING STREET E, Cobourg, Ontario, K9A 1L2

MLS® # X12605068

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Investment For Sale In Cobourg, Ontario

$1,179,000

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131 King Street E, Cobourg, ON - Outdoor

131 King Street E, Cobourg, ON - Outdoor With View

131 King Street E, Cobourg, ON - Indoor Photo Showing Other Room

131 King Street E, Cobourg, ON - Indoor Photo Showing Dining Room

131 King Street E, Cobourg, ON - Indoor Photo Showing Living Room

131 King Street E, Cobourg, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

131 King Street E, Cobourg, ON - Indoor Photo Showing Kitchen

131 King Street E, Cobourg, ON - Indoor Photo Showing Bathroom

131 King Street E, Cobourg, ON - Indoor Photo Showing Bedroom

131 King Street E, Cobourg, ON - Indoor With Storage

131 King Street E, Cobourg, ON - Outdoor With Exterior

131 King Street E, Cobourg, ON - Indoor Photo Showing Basement

131 King Street E, Cobourg, ON - Indoor With Fireplace

131 King Street E, Cobourg, ON - Indoor Photo Showing Laundry Room

131 King Street E, Cobourg, ON - Indoor Photo Showing Living Room With Fireplace

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131 KING STREET E, Cobourg, Ontario, K9A 1L2

$1,179,000

Property Information:

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! (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Air Conditioning: Yes
Amenities: Separate Hydro Meters, Separate Heating Controls
Basement Development: Finished
Basement Type: N/A
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Fireplace: Yes
Floor Space: 3500 - 5000 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Window air conditioner

Property Features:

Property Type: Multi-family
Bedrooms: 4+2
Bathrooms: 5
Half Bathrooms: 1
Amenities Nearby: Marina, Public Transit
Community Features: School Bus
Features: Flat site, Lighting
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Landscape Features: Landscaped
Lot Depth: 148.8 Feet
Lot Frontage: 64.8 Feet
Lot Size: 64.9 x 148.9 FT
Structure Type: Patio(s)
Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
Zoning: R5-7H
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Courtesy of: BOSLEY REAL ESTATE LTD.

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Market Price Trends

All Properties

2.39%

Price change (1 year)

39.09%

Price change (5 years)

Location of 131 KING STREET E, Cobourg, Ontario, K9A 1L2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

37 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

37 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 131 KING STREET E , experiences 7 hot days per year at around 28.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 37 hot days at 32.6 degrees Celsius.

Projected Avg. Temperature

Past

28.9℃

2050

32.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 131 KING STREET E , experiences 11 significant 2-day storms per year, with about 310.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 387.9mm of precipitation per year.

Precipitation Per Storm

Past

310.4mm

2050

387.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 131 KING STREET E, Cobourg, Ontario, K9A 1L2

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$134,451.95

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.5 %

High school certificate or equivalent

27.55 %

Apprenticeship trade certificate/diploma

5.55 %

College/non-university certificate

23.85 %

University certificate (below bachelor)

1.93 %

University Degree

22.63 %

Commuter

Travel To Work

By Car

70.45 %

By Public Transit

0.1 %

By Walking

21.31 %

By Bicycle

0.01 %

By Other Methods

8.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.71 %

Houses

41.29 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

All Properties

Location of 131 KING STREET E, Cobourg, Ontario, K9A 1L2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 131 KING STREET E, Cobourg, Ontario, K9A 1L2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

131 KING STREET E, Cobourg, Ontario, K9A 1L2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing