haho.ca
$1,000,000
For sale

670 William Street, Cobourg - Business for Sale

670 William Street, Cobourg, Ontario, K9A3A5

2 baths10 parking2,782 ft²Listed 145 days ago
Overview

This business in Cobourg is for sale offering roughly 2,782 sq ft of space.

Description

Extremely unique & versatile mixed-use Home with Workshop on 2.01 acres owning into the beautiful sparkling creek with trout & salmon surrounded by Forest! There is high-visibility for the Workshop, yet privacy for home. Home is well maintained 3+1BR 2Bath bungalow with 1391 sq ft on the main floor + 1391 sq ft finished LL guest unit-ideal for multi-family living or income potential. Great floor plan & features in the Main Floor living level. Upgraded kitchen, Large picture window in Liv Rm with Gorgeous Greenspace Views over the manicured grounds into forest/creek. Attached is a large Carport over a concrete slab, perfect for parking or use as a covered outdoor patio. Your own Detached WorkShop with Commercial & Industrial zoning is currently rented to an Artisan. Perfect for a home business, hobbies (zoned Commercial or Industrial) or convert to 2nd Residence? Land is protected by forest while the Shop is further to the south & benefits from visibility/exposure on a main road. Approximately 163 ft of frontage. Zoned: Development, Environmental Conservation (EC), GM/Industrial, Employment Lands, allowing a wide range of potential uses (buyer to verify locations/uses for zoning/development). Opportunities may include live/work, shop for a small-scale industrial or manufacturing use, warehouse or logistics, commercial, office, retail, or service-based business, or future development in coordination with planning authorities & conservation regulations. Flat, park-like Nature setting with trees and creek on city water, sewer, hydro & high-speed internet. Convenient access to public transit, Highway 401/407 & VIA Rail, 100 km to Toronto. Located in a growing town with ongoing residential & commercial expansion. A rare & versatile property offering flexibility, income potential, & long-term value for owner-occupants, investors, or developers. Buyer to investigate all intended uses. EC designation applies to portions of the land. Adjacent to a large Conservation Park. (id:66096)

Property Details

MLS®
X13438318
Property Type
Business
Zoning
D+EC COMM/GM Industrial plus Res
Bathrooms
2
Parking
10
Interior Size
2,782 ft²
Frontage
163 ft
Cooling
Fully air conditioned
Property Tax
$5,886.76/yr
Listed
145 days ago

Features

Appliances
Washer, Dishwasher, Dryer, Microwave
Lot Features
Conservation/green belt

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
145d
Cobourg listings, avg age
81d
Price / ft²
$359
List price
$1M

Long Listed: 145 days on market, against an average age of 81 days across the listings currently for sale in this city

Homes here sell close to asking price

Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This business in Cobourg is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by Century 21 United Realty Inc. · Denise Liboiron

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9A)

This home lists at $1,000,000, about 12.2× the local median household income of $82,000.

Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.

Median household income
$82,000
Population
26,757
Median age
53.2
Owner / renter
74% / 26%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA K9A)

$1,000,000· $359/ft²
For sale

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Financing

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$1,000,000

Cobourg

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