$988,000
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31 King Street E, Cobourg, ON K9A1K6

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- Beds
0 Baths
5,457 Sq Ft

Excellent investment and lifestyle opportunity in the heart of downtown Cobourg. This solid brick semi-detached building offers a strong mixed-use configuration featuring a fully operating restaurant on the main level and two spacious residential apartments on the second floor each with a view of the lake. The main floor restaurant has been recently upgraded and is well maintained, with a proven history of successful operation. It includes an inviting layout and an outstanding patio area that has become a popular destination for patrons over the years. The second level consists of two large residential apartments, both well proportioned and suited for long-term tenants. The property is fully tenanted, with the restaurant paying approximately $6, 250/month including HST, and each residential unit renting for approximately $1, 100/month, providing stable and consistent income. Situated in Cobourg's vibrant downtown, the property benefits from steady pedestrian activity, local amenities, and year-round appeal from both tourists and residents. The location is enhanced by its proximity to the waterfront, with the popular marina and Cobourg Beach just a short walk away, drawing significant seasonal and weekend traffic. The building is well maintained throughout and includes a full basement. Existing tenants would be happy to remain, providing a seamless investment transition, or vacant possession can be arranged for an owner-operator. A rare opportunity to acquire a well-performing mixed-use asset in one of Cobourg's most desirable and high-traffic downtown locations. (id:58753)

Listing By: DANNY BALKOS - REAL BROKER ONTARIO LTD. cncrea2 Realty.com
  • MLS® X13166864
  • Date Listed05/23/2026
  • Days on Realty 16 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Other
  • Water Public
  • Square Feet 5,457 sq. ft
  • Price Per Sq. Ft $181.05

Interior Features

  • Cooling Partially air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: East of Division Street. ** Directions: Exit 474A or 474 from Hwy401, South on Division St, Left at King St E.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K9A1K6

Discover key demographics, population statistics, and environmental insights for the Cobourg, ON area.

Walkability in ON / K9A1K6

Source: Walk Score

89/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

77/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 0/100, Bike Score: 39/100.

Points of Interest near 31 KING STREET E, Cobourg, ON K9A1K6

Frequently Asked Questions for 31 KING STREET E

Source: Realty.com

31 KING STREET E, Cobourg, ON K9A1K6 in Cobourg, ON K9A1K6 is a other listed at $988,000. Highlights include 5,457 sq. ft., $181 per sq. ft.. Realty.ca has 2 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 2 photos of 31 KING STREET E.

The full address for this home is 31 KING STREET E, Cobourg, ON K9A1K6.

31 KING STREET E has been listed on Realty.com since Sat May 23, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 0/100, Bike Score: 39/100.

Listing provided courtesy of: REAL BROKER ONTARIO LTD.
Listing agent: DANNY BALKOS

This content last refreshed on 2026-06-08 06:07:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.