29 King Street E, Cobourg, ON, K9A 2M1 - investment for sale | Listing ID X8336348

Investment For Sale In Cobourg, Ontario

$899,000

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29 King Street E, Cobourg, ON - Indoor Photo Showing Other Room

29 King Street E, Cobourg, ON - Indoor Photo Showing Laundry Room

29 King Street E, Cobourg, ON - Indoor Photo Showing Living Room

29 King Street E, Cobourg, ON - Indoor Photo Showing Other Room With Fireplace

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Home Insurance - TD Insurance

Get a home insurance quote online for this $899,000 property in Cobourg

Provided by TD Insurance

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29 KING STREET E, Cobourg, Ontario, K9A 2M1

$899,000

Property Information:

Incredible investment opportunity in the heart of downtown Cobourg! 5.6% Cap rate, Rare opportunity to own a prime piece of real estate within walking distance to Cobourg Beach & Victoria Park. 2 x 1 Bedroom units, 1 x 2 Bedroom unit & 1 Commercial Space. Roof re-shingled in 2017, Onsite parking for up to 4 vehicles, Tenants pay their own Hydro. The convenient central location allows for easy access to downtown shops/restaurants, the beach, local transit and the VIA rail station. **** EXTRAS **** Current Rents: Unit 1A pays $848.72, Unit 1B pays $1,900 monthly, Unit 2A pays $1,700 & Unit 2B pays $1,800. (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Air Conditioning: Yes
Heating Type: Baseboard heaters
Cooling Type: Partially air conditioned
Appliances: Dryer, Refrigerator, Stove, Two stoves, Washer

Property Features:

Property Type: Multi-family
Irregular: Yes
Lot Size: 33 x 165 FT ; 33' X 165'

Courtesy of: MYSAK REALTY INC.

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Market Price Trends

Location of 29 KING STREET E, Cobourg, Ontario, K9A 2M1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

37 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

37 hot days expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 29 KING STREET E , experiences 7 hot days per year at around 28.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 37 hot days at 32.6 degrees Celsius.

Projected Avg. Temperature

Past

28.9℃

2050

32.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

61/100

ClimateCheck®

Current data

This property, 29 KING STREET E , experiences 11 significant 2-day storms per year, with about 310.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 387.9mm of precipitation per year.

Precipitation Per Storm

Past

310.4mm

2050

387.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 29 KING STREET E, Cobourg, Ontario, K9A 2M1

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$134,451.95

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.5 %

High school certificate or equivalent

27.55 %

Apprenticeship trade certificate/diploma

5.55 %

College/non-university certificate

23.85 %

University certificate (below bachelor)

1.93 %

University Degree

22.63 %

Commuter

Travel To Work

By Car

70.45 %

By Public Transit

0.1 %

By Walking

21.31 %

By Bicycle

0.01 %

By Other Methods

8.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.71 %

Houses

41.29 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 29 KING STREET E, Cobourg, Ontario, K9A 2M1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 29 KING STREET E, Cobourg, Ontario, K9A 2M1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

29 KING STREET E, Cobourg, Ontario, K9A 2M1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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