Welcome to this remarkable industrial located in the coveted neighborhood of Cobourg. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Located in Coburg's Northam Industrial Park, approximately 2KM from Highway 401, this freestanding industrial facility offers total 204,910 SF of ground-level space, including 14,196 SF of office area and 15,187 SF mezzanine (not included in GFA). The current business operations have the following certifications: HACCP, SQF, Organic Non-GMO & Kosher. The property features an industrial power supply, two small cold storage areas, trench and floor drains. Excellent shipping with 12 truck-level doors. Shipping area is separate from car parking with multiple points of ingress/egress. Numerous food grade improvements undertaken. Outside storage permitted. The property is part of Northam Industrial Park on leased land. Clear height varies 16'-45'5".
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Data-driven valuation for 751 D'Arcy Street, Cobourg, ON K9A 0H6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobourg.
About Purchasing a Home in Cobourg, ON
For a property listed at $1 in Cobourg, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in Cobourg (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.