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

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- Beds
0 Baths
5,457 Sq Ft

AMAZING INVESTEMENT OPPORTUNITY FOR INVESTORS AND END USER!! Ground floor restaurant, could be available for Lease. 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.
Source: CREA #X13166864 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13166864
  • Date Listed05/23/2026
  • Days on Realty 132 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: 38/100.

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: 38/100.

This content last refreshed on 2026-10-02 02:59:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.