756 King Street, Cobourg, ON
Property Highlights
Welcome to this remarkable vacant land 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 $299,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 65 x 229.8 ft lot size
Description
This is a rare opportunity to secure one of the few remaining vacant lots in Cobourg within walking distance to downtown. Set in a mature, tree-lined neighbourhood, this property offers the ideal setting to build a custom home in one of the most desirable areas in town. Positioned directly across from Lake Ontario, the lot provides beautiful lake views from the front, creating a stunning backdrop for your future home. Imagine enjoying morning walks along the waterfront, spending afternoons at Cobourg Beach, and being just steps from the vibrant downtown core, filled with restaurants, cafés, shops, and everyday conveniences. Opportunities like this are becoming increasingly scarce, making this an exceptional chance to invest in both lifestyle and long-term value. With the new housing HST rebate available, now is an especially advantageous time to build and take full advantage of potential savings while bringing your vision to life. Whether you are looking to build your forever home or secure a strong investment in a thriving lakeside community, this property offers unmatched potential in an unbeatable location. Don't miss your chance to be part of one of Cobourg's most sought-after neighbourhoods.
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Key Features
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Property Details
Parking & Garage
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Features
Property Features
Beach, Golf, Hospital, Lake/Pond, Library, Marina
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 756 King Street W, Cobourg, ON K9A 2P2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cobourg, ON
For a property listed at $299,900 in Cobourg, the legal minimum down payment is $14,995 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 $2,974 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 $2,974.
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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.