Listed for:Listed 3 days ago
$4,250,000

550 King Street E

Cobourg, ON K9A 0S4

Vacant Land For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 550 King Street E, Cobourg

No listing history available

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About 550 King Street E, Cobourg

Summarized Description

  • 4 acres of land for development in Cobourg
  • High-profile location with 400 feet of frontage
  • Zoned for development with municipal services available
  • Surrounded by residential and commercial growth
  • Opportunity for builders and investors
  • Significant visibility in a growing community
  • Existing structures not available for showings

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,907
Land Transfer Tax Fee
$92,725

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Land

Lot

Lot Front
398.67 ft
Lot Depth
405.01 ft
Lot Size
4.11

Heating & Cooling

Water
Municipal
Sewers
Sanitary

Municipality
Cobourg
Neighbourhood
Cobourg
Main cross streets
King St E & Willmott St., West of Workman Rd
Zoning
RES/DEVELOPMENT
Directions
East of Brook + Willmott St

MLS® number
X14105746
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-22
Updated on
2026-10-23
Days on market
3 days
Possession type
90+ days
Co-op commission
2.5% + applicable taxes
Seller
Listed by
RE/MAX IMPACT REALTY

Home Market Value

Current home valuation for 550 King Street E, Cobourg, Cobourg, ON. Listed for $4,250,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 550 King Street E, Cobourg

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Cobourg, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$850,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
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=Total mortgage
$3,400,000$3,187,500$2,975,000$2,762,500
Amortization
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Payment frequency
=Mortgage payment
$16,601monthly$15,563monthly$14,525monthly$13,488monthly
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Land Transfer Tax

Provincial

$92,725

Total Land Transfer Tax

$92,725

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