LOT - 550 KING STREET E
Cobourg, Ontario
MLS® X14093796
$4,250,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- X14093796
- Bedrooms
- —
- Bathrooms
- 0
- Year built
- —
1 / 4Listing description
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.
Property summary
- MLS® number
- X14093796
- Property type
- Vacant Land
- Land size
- 398.67 x 405.01 FT
- Annual property taxes
- $5,907.06
- Days on market
- 25 days
Features & details
- Lot features
- Wooded area, Level
- Community features
- Community Centre
What would this home cost you?
Based on the $4,250,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Re/Max Impact Realty, Courtice.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.