For saleMLS® X13572802

66 Elgin Street W, Cobourg, ON K9A 5T4

Cobourg · Near Division St & Elgin St · View map

$1,099,000
5100Sq ft
Commercial retailType
NoneParking
$18,508/yrTaxes
$1,099,000
FreeholdNo monthly condo fee
Lot 74.7 x 205 ftThe land comes with the home

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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Want to know something that isn’t listed?
Estimated monthly cost$5,975per month, all in
  • Mortgage
  • Property tax

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    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.

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    66 Elgin Street, Cobourg, ON K9A 5T4

    Cobourg · Near Division St & Elgin St

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    Sold history

    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.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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