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2-19
King Street W
Cobourg | Ontario

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Chestnut Park Christie's International Real Estate - Toronto
Chestnut Park Christie's International Real Estate - Toronto
Presented At
$798,000
2-19 King Street W, Cobourg, Ontario, Canada. - Photo 1
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2-19 King Street W, Cobourg, Ontario, Canada. , Cobourg , Ontario

2-19 King Street W

Fantastic opportunity to open your own business in beautiful historic downtown Cobourg. The ground floor commercial storefront is available with vacant possession, no leases in place and ready for you to start selling immediately. Why lease a store when you can buy one instead. Owning real estate is the optimal choice!! This beautifully renovated end unit comes with 2 parking spaces at the back of the building. Be part of this vibrant Lakeside neighbourhood. Perfectly located with easy access to the 401, and mere steps from Cobourg’s gorgeous beach and Farmers Markets in the Park. Close to stylish restaurants, cafe’s and one-of-a-kind boutiques. All store fixtures including lighting.

Exterior

Property

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Map showing 2-19 King Street W, Cobourg, Ontario, Canada.

Property Location

2-19 King Street W, Cobourg, Ontario, Canada., Cobourg Ontario

Local Weather & Climate

Cobourg, Ontario

Current Conditions Updated recently
37 °F
Overcast clouds
Feels Like 29°F
Humidity 87%
Wind 14 mph
Visibility 6.2 mi
Sunrise 11:17 AM
Sunset 11:23 PM
5-Day Forecast
Thu 19 Mar
Clouds
High 38°
Low 38°
Fri 20 Mar
Clouds
High 35°
Low 29°
Sat 21 Mar
Clouds
High 37°
Low 29°
Sun 22 Mar
Snow
High 36°
Low 32°
Mon 23 Mar
Snow
High 32°
Low 26°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Cobourg?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Cobourg. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $79,800,000 20% down ($15,960,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$6,857
$6,857/day
Your home may appreciate while you sleep
$48,132/week $208,573/mo $2,502,876/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$43.9M
vs
OWN 📈 +$62.3M
$62.3M Potential Equity
vs $43.9M lost to rent over 10 years
$16.0M Down Payment Growth
3.9x
10yr
$62.3M
8.1x
20yr
$129.0M
12.6x
30yr
$201.5M
Wealth Comparison
×480
Equivalent to 480 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $201.5M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $94.0M +18%
Market $108.7M +36%
Optimistic $125.4M +57%
$62.3M est. equity
20 Years
Conservative $110.7M +39%
Market $148.0M +85%
Optimistic $197.1M +147%
$129.0M est. equity
30 Years
Conservative $130.3M +63%
Market $201.5M +153%
Optimistic $309.7M +288%
$201.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This property is listed at $79,800,000.
Based on current market indicators, Cobourg shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a other located in Cobourg, Ontario. The property is situated in an established neighborhood with convenient access to local amenities and services.
Chestnut Park Christie's International Real Estate - Toronto

Chestnut Park Christie's International Real Estate - Toronto

Chestnut Park Christie's International Real Estate - Toronto

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