8 8 B 79 King St W, Cobourg
8 8 B 79 King St W, Cobourg
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35 Photos
- Bedrooms: 2
- Bathrooms: 4
- Living area: 3589 square feet
- MLS®: x7370540
- Type: Commercial
- Added: 125 days ago
Property Details
INVESTMENT DREAM. A RARE CHANCE TO GET INTO OWNERSHIP. Vendor FINANCE Available for the right person! Perfect Live/Work Space &/or Income Property. Downtown Commercial/Residential Mixed-use Condo. 2 Units on 1 Level 2 Parking Spaces. Front Unit Commercial Storefront faces Main Street in Boutique Downtown. 2050 SqFt Former Spa/Salon & Retail w/ Big Storefront Windows, 5 Treatment Rms or Offices. Reception & Merchandise Area, 2Bath, 2 Steam Showers, 3 entrances. *Commercial Unit Currently vacant* Residential Condo is beside on Ground floor also and is 1495 Sq Ft 2Br +Den 2Bath w/ South Facing Patio Rented at $2700/Mo.Res Tenant on 2nd term of Month to Month lease pays $2700/m +Heat & Hydro Owner pays Res Taxes, Res Condo fee. Condo fee includes: Bldg Insur., Water, Common Elements, Reserve fund. Solid investment w/ approx. 5.4% Cap Rate (before debt service) once front Commercial is Tenanted. A Rare chance to invest w/ Financing Available from Vendor.
Property Information
- Sewer: Sanitary sewer
- Cooling: Fully air conditioned
- Living Area: 3589
- Photos Count: 35
- Water Source: Municipal water
- Parking Total: 2
- Structure Type: Residential Commercial Mix
- Street Dir Suffix: West
- Tax Annual Amount: 10603
- Building Area Total: 3589
- Extras: Comm Unit: Exposed Brick Wall, Artisan Trim, Tile, Kitchenette. Res Unit: Wood Lam flooring. Glass block. SS Appls. Ensuite Bath w/ Sep Shower/Tub.Walk-In closet. Fr Drs to Patio. Stackable front load washer dryer. (id:1945)
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