21 & 23 King Street E, Cobourg, ON K9A 1K6
Cobourg · Cobourg
For Sale · Investment
21 & 23 King Street E, Cobourg, ON K9A 1K6
Cobourg · Cobourg
5 hours ago
$1,100,000
9
Beds
4
Baths
1
Parking
5700 sq ft
Sq ft
100+ yrs
Built
About this home
- 9 bedrooms, 4 bathrooms, 1 parking space across two semi-detached brick homes totaling 5,700 sq ft.
- Currently configured and operating as a boarding/rooming house with all-inclusive tenant rents.
- Located downtown on Lake Ontario shores, approximately 100 km from Toronto with VIA Rail service and Highway 401 access nearby.
- Zoned MC with Exception and has legally protected non-conforming status for its historic residential use.
- Original features include banister staircase, wood flooring, high ceilings, pocket doors, crown molding, and covered front porch.
- Heated by 2 furnaces with gas-fired boiler; Phase 1 ESA available.
- Current annual gross income $168,000 and net income $116,238.96 based on seller-provided figures.
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
Property details
Property tax
$6,916.03 (2026)
Lot
40.95 × 165 Feet
Rooms
21
Heating
Gas Forced Air Closed
Cooling
No
MLS®
X13798450
Full details
Parking
GarageNone
Driveway1
Total parking1
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Kitchen | Main | 3.83 x 3.05 | Laminate, W/O To Deck, Eat-in Kitchen |
| Primary Bedroom | Main | 5.26 x 4.67 | Hardwood Floor, Pocket Doors, Crown Moulding |
| Living Room | Main | 5.91 x 3.88 | Hardwood Floor, Separate Room |
| Dining Room | Main | 5.26 x 4.67 | Hardwood Floor, Formal Rm, Crown Moulding |
| Family Room | Main | 5.91 x 3.96 | Hardwood Floor, Pocket Doors |
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| 2026-09-17 | — | $1,100,000 | For Sale | X13798450 |
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 7.7% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$18,475
Legal · title · inspection$2,800
Closing costs$21,275
Down payment$220,000
Total cash to close$241,275
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
