66 Elgin Street W, Cobourg, ON K9A 5T4
Cobourg · Near Division St & Elgin St · View map
About this home
Exceptional investment opportunity in one of Cobourg's established commercial corridors. This fully leased income producing property combines stable cash flow, future development potential and a highly desirable location with exceptional visibility and exposure. With over 5,000sq. ft., this building is home to three established commercial tenants, providing immediate rental income while minimizing vacancy risk. Situated on a high traffic route with 13 municipally allocated parking spaces, the property offers excellent accessibility for tenants and customers alike, a valuable feature that's increasingly difficult to find in Cobourg. Positioned within the LM-14 zoning designation, the property also presents future opportunities for investors. In addition to its existing commercial use, the property includes one residential zoning component and may offer the potential to add/convert a residential unit, subject to approval from the Town of Cobourg, creating an opportunity to further enhance revenue over time. The current owners have made substantial capital improvements throughout their ownership, including a steel roof, multiple ductless heating and cooling systems, renovated commercial spaces, updated kitchens and bathrooms, new flooring, doors, security upgrades, mechanical improvements and more. These investments provide peace of mind while reducing the likelihood of major capital expenditures in the near future. Whether you're expanding an investment portfolio, securing a long term commercial asset or looking for a property with additional upside, 66 Elgin Street West offers a compelling combination of reliable income, quality improvements and future potential in one of Northumberland County's strongest commercial markets.
The home
- Type
- Commercial retail
- Square footage
- 5100 sq ft
- Lot size
- 74.7 x 205 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $18,508/yr
- Tax year
- 2026
- Occupancy
- Owner+Tenant
- Possession
- Flexible
- Cross street
- Division St & Elgin St
- Neighbourhood
- Cobourg
More
- MLS® number
- X13572802
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
66 Elgin Street, Cobourg, ON K9A 5T4
Cobourg · Near Division St & Elgin St
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Listing history for 66 Elgin Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 66 Elgin Street W
Answers come straight from this home’s MLS® listing.
How much is 66 Elgin Street W listed for, and what would it cost each month?
66 Elgin Street W is listed for $1,099,000. With 20% down ($219,800), the mortgage payment would be roughly $4,433 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,975 a month, all in. That figure is an illustration, not a quote.
Is 66 Elgin Street W freehold or a condo, and is there a monthly fee?
66 Elgin Street W is a commercial retail in Cobourg. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 66 Elgin Street W have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 66 Elgin Street W?
66 Elgin Street W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 66 Elgin Street W, and what is the lot size?
The lot is listed as 74.7 x 205 ft.
How is 66 Elgin Street W heated and cooled?
Heating is baseboard. Cooling is yes.
What are the property taxes for 66 Elgin Street W?
Property taxes are $18,508 a year (2026), or about $1,542 a month.
Where is 66 Elgin Street W?
66 Elgin Street W is in Cobourg. The nearest main intersection is Division St & Elgin St. The postal code is K9A 5T4.
Is 66 Elgin Street W still for sale?
Yes. It is an active listing (MLS® X13572802). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 66 Elgin Street W asking?
Similar properties for sale nearby right now include 66 Elgin Street W at $60,000, 70 King Street E at $1,075,000 and 670 William Street at $1,000,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 66 Elgin Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 66 Elgin Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Cobourg, picked by style, size and price.
Sale of business$60,00066 Elgin Street W, CobourgCobourgCourtesy of: RE/MAX Rouge River Realty Ltd.View home →
Commercial retail$1,075,00070 King Street E, Cobourg1 bath · CobourgCourtesy of: Royal LePage Frank Real EstateView home →
Investment$1,000,000670 William Street, Cobourg2 bath · CobourgCourtesy of: Century 21 United Realty Inc.View home →Courtesy of: RE/MAX Rouge River Realty Ltd.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.