For saleMLS® X12711350

D - 79 King Street W, Cobourg, ON K9A 2M4

Cobourg · Near Third St And King St W · View map

$499,000
995Sq ft
Commercial retailType
NoneParking
$5,050/yrTaxes
$499,000
FreeholdNo monthly condo fee

About this home

State-of-the-art commercial condo. Fully renovated with premium design, transferable licensing, & outstanding flexibility, making it ideal for investors or owner-operators alike. A Rare Value! Exceptional opportunity to own a turnkey restaurant, cafe, or bar in the heart of a vibrant, high-traffic downtown tourist district 100 km from Toronto. Professionally rebuilt 2 years new, the space was fully renovated & showcases high-grade fixtures finishes throughout, wrapped in a sleek, modern, minimalist aesthetic designed for both efficiency & visual impact. Formerly operating as a successful espresso, wine, craft beer, martini bar, the unit attracted a loyal clientele. LCBO licensed for 30 seats (transferable), an elegant long bar with granite steel countertops, a book-matched marble backsplash with stacked handmade wall tile, durable 24" x 24" terrazzo-style porcelain flooring. Additional features include steel shelving, large display windows with security gates, washrooms, a generous prep storage room, basement storage (wet-wrapped & dry), rear access beyond 2 washrooms, a small outdoor cafe table area. Ideally positioned steps from the marina, yacht club, lake, beach, park & adjacent to cultural landmarks such as Victoria Hall & the Art Gallery, Concert Hall, live Music venues. Surrounding streets are lined with boutiques, professional offices, banks, entertainment, dining, ensuring consistent year-round foot traffic. Purchase as a pure investment with a tenant ready to lease, or buy & owner operate your own concept immediately. Select equipment, including a Bosco espresso machine & professional barista setup negotiated separately. With ample street & nearby lot parking, proximity to the VIA Rail station, and easy access via the 401/407 corridor, this location is perfectly positioned to benefit from continued growth & tourism momentum. A rare, high-quality commercial condo in a premier downtown location-ideal for investors, restaurateurs, or lifestyle entrepreneurs.

The home

Type
Commercial retail
Square footage
995 sq ft
Approximate age
6-15 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Electric Forced Air

Garage & parking

Total parking
None

Taxes & other

Property taxes
$5,050/yr
Tax year
2025
Occupancy
Vacant
Possession
Immediate
Cross street
Third St And King St W
Neighbourhood
Cobourg

More

MLS® number
X12711350

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$2,434per month, all in
  • Mortgage
  • Property tax

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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    79 King Street, Cobourg, ON K9A 2M4

    Cobourg · Near Third St And King St W

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 79 King 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 D - 79 King Street W

    Answers come straight from this home’s MLS® listing.

    How much is D - 79 King Street W listed for, and what would it cost each month?

    D - 79 King Street W is listed for $499,000. With 20% down ($99,800), the mortgage payment would be roughly $2,013 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,434 a month, all in. That figure is an illustration, not a quote.

    Is D - 79 King Street W freehold or a condo, and is there a monthly fee?

    D - 79 King 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 D - 79 King 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 D - 79 King Street W?

    D - 79 King Street W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is D - 79 King Street W heated and cooled?

    Heating is electric forced air. The listing does not show air conditioning.

    What are the property taxes for D - 79 King Street W?

    Property taxes are $5,050 a year (2025), or about $421 a month.

    Where is D - 79 King Street W?

    D - 79 King Street W is in Cobourg. The nearest main intersection is Third St And King St W. The postal code is K9A 2M4.

    Is D - 79 King Street W still for sale?

    Yes. It is an active listing (MLS® X12711350). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near D - 79 King Street W asking?

    Similar properties for sale nearby right now include A&B - 79 King Street W at $550,000, 10 - 79 King Street W at $395,000 and 401 - 79 King Street W at $359,000 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 79 King 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 D - 79 King 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.

    Call Text Explore Home value

    Have questions?

    Call or text today — we're here to help.

    647-931-3923
    CallText