$ 4,250,000

Lot - 550 King Street E, Cobourg

A marquee development opportunity in Cobourg at 550 King Street East -- a landmark location offering 4 acres of potential and endless possibilities. Introducing a rare opportunity to acquire one of Cobourg's most prominent east-end properties. Strategically positioned with approximately 400 feet of frontage on the sunny side of King Street East, #550 is a true gateway property, capturing attention as you enter town. With its high-profile location, substantial landholding and development zoning, this exceptional 4 acre parcel presents an exciting opportunity for visionary builders, savvy investors and developers looking to secure a significant presence in a growing community. Offering municipal water, sewer, natural gas and featuring two entrances directly off King Street East, this property provides a compelling foundation for future development. Surrounded by new and established residential neighbourhoods along with new build commercial amenities, the location places future possibilities within a community experiencing continued growth and transformation. Opportunities of this scale and visibility are rarely available in such a strategic location. Whether you are an established developer expanding your portfolio or a builder seeking your next significant project, 550 King Street East offers the chance to envision what comes next in one of Cobourg's most recognizable locations. Property is being offered primarily for its land value and future development potential. The existing dwelling and outbuildings are not available for showings. (id:1945)
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Property details for Lot - 550 King Street E, Cobourg

Type
Lots and Land
Lot Size
398.67 x 405.01 FT
Annual Taxes
$5,907

Nearby Listings Stat

Estimated price and comparable properties near Lot - 550 King Street E

Active Listings
57
Min Price
$229,000
Max Price
$4,250,000
Avg Price
$960,628
Days on Market
67
days
Sold Listings
20
Min Sold Price
$285,000
Max Sold Price
$1,375,000
Avg Sold Price
$731,888
Days until Sold
67
days

Neighbourhood Census Data

Cobourg, Ontario

Population
593
Median Age
52.6
Median Income
$38,016
Dwelling Value
$325,014

Housing Tenure

Owners 94%
Renters 9%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 120.9/km²
Avg Shelter Cost: $1,249/mo
Owners with Mortgage: 48.8%
Owners Spending 30%+: 11.9%
Tenants Spending 30%+: 0%
English only: 92.3%
English and French: 7.7%
Median Household Income: $74,112
Median Employment Income: $30,848

Price History

Listed
October 19, 2026
by RE/MAX IMPACT REALTY
Current Price
$4,250,000
Type
Lots and Land
For Sale
Lot - 550 King Street E

Contact Agent Get in touch about Lot - 550 King Street E, Cobourg

DIANNA MANDZUK
DIANNA MANDZUK
RE/MAX IMPACT REALTY

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Comparison of Lot - 550 King Street E, Cobourg, ON with Nearby Vacant Land