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$799,000
Available - For Sale
Listing ID: X7370540
79 King St West , Unit 8 & 8, Cobourg, K9A 2M4, Ontario
INVESTMENT DREAM. A RARE CHANCE TO GET INTO OWNERSHIP. Vendor FINANCE Available for the right person! Perfect Live/Work Space &/or Income Property. Downtown Commercial/Residential Mixed-use Condo. 2 Units on 1 Level 2 Parking Spaces. Front Unit Commercial Storefront faces Main Street in Boutique Downtown. 2050 SqFt Former Spa/Salon & Retail w/ Big Storefront Windows, 5 Treatment Rms or Offices. Reception & Merchandise Area, 2Bath, 2 Steam Showers, 3 entrances. *Commercial Unit Currently vacant* Residential Condo is beside on Ground floor also and is 1495 Sq Ft 2Br +Den 2Bath w/ South Facing Patio Rented at $2700/Mo.Res Tenant on 2nd term of Month to Month lease pays $2700/m +Heat & Hydro Owner pays Res Taxes, Res Condo fee. Condo fee includes: Bldg Insur., Water, Common Elements, Reserve fund. Solid investment w/ approx. 5.4% Cap Rate (before debt service) once front Commercial is Tenanted. A Rare chance to invest w/ Financing Available from Vendor.
Extras:   Comm Unit: Exposed Brick Wall, Artisan Trim, Tile, Kitchenette. Res Unit: Wood Lam flooring. Glass block. SS Appls. Ensuite Bath w/ Sep Shower/Tub.Walk-In closet. Fr Drs to Patio. Stackable front load washer dryer.
Price $799,000
Minimum Rental Term: 0
Maximum Rental Term: 0
Taxes: $10,603
Tax Type: Annual
Occupancy by: Partial
Address: 79 King St West , Unit 8 & 8, Cobourg, K9A 2M4, Ontario
Apt/Unit: 8 & 8
Postal Code: K9A 2M4
Province/State: Ontario
Legal Description: NSCC / 62 Unit 8&8B Level 1
Directions/Cross Streets: Third And King St W
Zoning: Main Commercial
Category: Store With Apt/Office
Building Percentage: N
Total Area: 3,589
Total Area Code:  Sq Ft
Office/Appartment Area: 1495
Office/Appartment Area Code: Sq Ft
Retail Area: 2050
Retail Area Code: Sq Ft
Area Influences: Public Transit   Rec Centre
Approximatly Age: 16-30
Franchise: N
Sprinklers: N
# Trailer Parking Spots: 0
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Clear Height Feet: 6
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Sewers: Sanitary
Water: Municipal
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 ALL-PRO REALTY (1993) LTD.

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