New Listing
550 King Street E,Cobourg, ON K9A0S4
Cobourg, ON K9A0S4
Description
A marquee development opportunity in Cobourg at 550 King Street East -- a landmark location offering 4 acres of potential and endless possibilities. Introducing a rare opportunity to acquire one of Cobourg's most prominent east-end properties. Strategically positioned with approximately 400 feet of frontage on the sunny side of King Street East, #550 is a true gateway property, capturing attention as you enter town. With its high-profile location, substantial landholding and development zoning, this exceptional 4 acre parcel presents an exciting opportunity for visionary builders, savvy investors and developers looking to secure a significant presence in a growing community. Offering municipal water, sewer, natural gas and featuring two entrances directly off King Street East, this property provides a compelling foundation for future development. Surrounded by new and established residential neighbourhoods alongwith new build commercial amenities, the location places future possibilities within a community experiencing continued growth and transformation. Opportunities of this scale and visibility are rarely available in such a strategic location. Whether you are an established developer expanding your portfolio or a builder seeking your next significant project, 550 King Street East offers the chance to envision what comes next in one of Cobourg's most recognizable locations. Property is being offered primarily for its land value and future development potential. The existing dwelling and outbuildings are not available for showings. (id:13843)
Details
| MLS # | X14093796 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 2 |
| Listing Provided By | Re/Max Impact Realty | Dianna Mandzuk |
Features
| Zoning | RES/DEVELOPMENT |
|---|
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Wooded area, Level |
|---|
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 5907.06 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Cobourg |
| Postal Code | K9A0S4 |
| Listing VS Median (in K9A0S4) | |
Price: $4,250,000 low | high Med: $0 On site: 2 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Cobourg |
| Postal Code | K9A0S4 |
| Listing VS Median (in K9A0S4) | |
Price: $4,250,000 low | high Med: $0 On site: 2 low | high Med: | |
 | $3,549,000529-535 Drewery RoadCobourg, ON K9A3P5 |