131 King Street, Cobourg, ON

$1,179,000
MLS#:X12605068
6 beds
5 baths
3500-5000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] fourplex located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,179,000 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.

  • 6 Bedrooms and 5 Bathrooms with 4 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 64.93 x 148.92 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter, Separate Heating Controls, Storage
  • equipped with ["window unit(s)"] central cooling and highly efficient forced air heating via gas

A special multi unit investment opportunity in the "heart" of downtown Cobourg, history transformed what once was an original Baptist Church constructed in 1956, peacefully tucked along King Street. Now a legal 4plex, this property offers a multitude of uses, whether you desire multi generational living, or utilized as an investment/income generating property it's all up to your imagination! Comprising two MAIN floor units, loft style, uniquely designed for an inviting and unique space that welcomes you immediately. Two LOWER units, one more expansive with seperate entrances for all 4 units, ample parking and all of the old world charm of this beautifully in tack full brick building. A lovely location for the consideration of possible short term rental, enjoy a short walk to the Cobourg Beach and Marina, parks, locate eateries, grocery market and all of the additional beauty of this location and all the history that surrounds. A must view to appreciate, this multi unit property feels much like the comforts of a traditional home and could easily accommodate something that suits your own families personal needs. Excellent revenue, additional details and property features available to prospective buyers, a great way to get a better understanding of all the opportunity that lives within this piece of Cobourg's history books!

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Key Features

Bedrooms
6
Bathrooms
5
Kitchens
4
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusExtension
Listed Date12/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size64.93 × 148.92 Feet
CountyNorthumberland
Annual Tax$5,486
Legal DescriptionPT LT 1 TIER 1 PL CADDY (FORMERLY LT 15 CON B HAMILTON) COBOURG PT 1 39R9111; COBOURG

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Beach, Library, Marina, Public Transit, Place Of Worship, School Bus Route

Interior Features

Separate Hydro Meter, Separate Heating Controls, Storage, In-Law Capability

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

Location

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131 King Street, Cobourg, ON
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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 131 King Street E, Cobourg, ON K9A 1L2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$943,200
Monthly Mortgage$5,480
Property Tax (Est.)$457
Utilities & Maint.$350
Total Monthly Cost$6,287

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cobourg.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cobourg, Cobourg.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$725,597

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Burnham
Public614 Burnham Street, Cobourg, Ontario, K9A 2X1
5.2
Notre Dame
Public760 Burnham Street, Cobourg, Ontario, K9A 2X6
4.6
St. Joseph
Catholic919 D'Arcy Street, Cobourg, Ontario, K9A 4B4
3.6
C R Gummow
Public311 Cottesmore Avenue, Cobourg, Ontario, K9A 4E3
5.9
Terry Fox
Public1065 Riddell Avenue, Cobourg, Ontario, K9A 5N4
7.3

Secondary Schools

St. Mary
Catholic1050 Birchwood Trail, Cobourg, Ontario, K9A 5S9
7.1
Cobourg
Public335 King Street East, Cobourg, Ontario, K9A 1M2
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.