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2-19 King Street W, Cobourg, ON K9A 2M1

1 bath · Commercial Retail
$698,000

Fantastic opportunity to open your own business in beautiful historic downtown Cobourg. The ground floor commercial storefront is available with vacant possession, no leases in place and ready for you to start selling immediately. Why lease a store when you can buy one instead. Owning real estate is the optimal choice !! This beautifully renovated end unit comes with 2parking spaces at the back of the building. Be part of this vibrant Lakeside neighbourhood. Perfectly located with easy access to the 401, and mere steps from Cobourg's gorgeous beach and Farmers Markets in the Park. Close to stylish restaurants, cafe's and one-of-a-kind boutiques.

MLS number
X13652254
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
1
Postal code
K9A 2M1
Photos
19
Property tax
$7,288 / year
36days · this listing
36days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St. Michael Catholic Elementary School
Peterborough Victoria Northum Clarington CDSB
Elementary496 m7.9 / 10
79% met the standard
C R Gummow Public School
Kawartha Pine Ridge DSB
Elementary1.1 km7.3 / 10
73% met the standard
Cobourg Collegiate Institute
Kawartha Pine Ridge DSB
Secondary1.1 km6.7 / 10
67% met the standard · 2 of 6 measures
Centre for Individual Studies Northumberland
Kawartha Pine Ridge DSB
Secondary1.9 kmNot reported
St. Joseph Catholic Elementary School
Peterborough Victoria Northum Clarington CDSB
Elementary2.1 km6.3 / 10
63% met the standard
Burnham Public School
Kawartha Pine Ridge DSB
Elementary1.9 km7.5 / 10
75% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 472 people.

$46,400Median household income
15%Own their home
15%Detached houses
47.2Median age
2.7%Born outside Canada
11.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35140158 — the few blocks around this address, home to 472 people. It describes the area, not this property.

472Population
48.4Average age
1.9Household size
$54,800Average household income
$46,400Median household income
15%Own their home
85%Rent
5%Condominiums
3%Born outside Canada
11%University degree
$600,000Average home value
32%Low income
55%Not in the labour force
31%Never married
$10,000 to $14,9997%
$15,000 to $19,9999%
$20,000 to $24,9999%
$25,000 to $29,9995%
$30,000 to $34,9995%
$35,000 to $39,9995%
$40,000 to $44,9997%
$45,000 to $49,9995%
$50,000 to $59,9997%
$60,000 to $69,9999%
$70,000 to $79,9995%
$80,000 to $89,9992%
$90,000 to $99,9992%
$100,000 and over14%
$100,000 to $124,9997%
$125,000 to $149,9992%
$150,000 to $199,9992%

Percentages are of the 220 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$139,600 · minimum here is $44,800
$3,090.59per month
Borrowed before insurance$558,400
Total borrowed$558,400
Interest over 25 years at 4.5%$368,778

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$2,534.93per month out of pocket
Rent$1,163.00
Everything it costs to hold$3,697.93
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by CHESTNUT PARK REAL ESTATE LIMITED. Listing data provided by the Toronto Regional Real Estate Board.