Listed for:Listed 25 days ago
$599,000

Part 1 Mathew Street

Cobourg, ON K9A 3E6

Vacant Land For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Part 1 Mathew Street, Cobourg

No listing history available

Real estate boards require you to or to see the full details of this property.

*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Part 1 Mathew Street, Cobourg

Summarized Description

  • Rare development opportunity in Downtown Cobourg.
  • R4 zoning allows for 4 residential units.
  • Utilities available at the lot line.
  • Building approvals and rezoning completed by 2025.
  • Development Charge Credit reduces costs significantly.
  • Close proximity to downtown amenities and beach.
  • Ideal for builders, investors, or developers.

DOWNTOWN COBOURG DEVELOPMENT OPPORTUNITY! A rare opportunity to build in the heart of Downtown Cobourg! This R4-zoned development lot offers the potential to build up to 4 residential units, making it an excellent opportunity for builders, investors, or developers. The lot already has municipal sewer, water & hydro at the lot line, helping streamline the development process. Approved for building with severance and rezoning completed in 2025, much of the groundwork is already in place to move forward. Park Levy fee's already paid & lot has a $20,000 Development Charge Credit - a valuable reduction in development-related fees. Ideally located close to everything Downtown Cobourg has to offer, including the beach, marina, restaurants, shopping, parks and downtown amenities. A fantastic opportunity to build new residential units in one of Cobourg's most convenient locations. Renderings were completed for severance to highlight streetscape.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$0
Land Transfer Tax Fee
$8,455

Rental Items

Rental Equipment
NA

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Vacant Land

Construction

Special Designation
Unknown

Lot

Lot Front
18.03 m
Lot Depth
39.61 m
Lot Size
0.2
Lot Shape
Rectangular

Inclusions

Inclusions
NA

Exclusions

Exclusions
NA

Heating & Cooling

Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Yes
Cable
Available
Telephone
Available

Municipality
Cobourg
Neighbourhood
Cobourg
Main cross streets
King St
Zoning
R4
Directions
King St to Mathew St
Waterfront
None

MLS® number
X13835112
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-28
Updated on
2026-09-28
Days on market
25 days
Possession type
Flexible
Co-op commission
2
Seller
Listed by
RE/MAX ROUGE RIVER REALTY LTD.

Home Market Value

Current home valuation for Part 1 Mathew Street, Cobourg, Cobourg, ON. Listed for $599,000

HOMEH Estimate

?

—

Estimated Sales Range

?

—

HOMEH Estimate for Part 1 Mathew Street, Cobourg

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

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

For the owner

Is this your home? Track its value.

Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.

Approximate location — on this street
Get Directions

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Cobourg, ON
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $99,000 over $500K

Minimum down payment

$34,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,546$16,712$14,256$0
=Total mortgage
$586,205$555,812$523,406$479,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,862monthly$2,714monthly$2,556monthly$2,340monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$8,455

Total Land Transfer Tax

$8,455

Around this home

3/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
Loading map...
6.7 /10

St Michael's

Private·elementary·570m

6.0 /10

Burnham

Public·elementary·1.1km

4.6 /10

Notre Dame

Private·elementary·1.4km

5.2 /10

C R Gummow

Public·elementary·1.6km

5.6 /10

Cobourg

Public·secondary·1.8km

4.8 /10

St. Joseph

Private·elementary·2.3km

5.8 /10

Terry Fox

Public·elementary·2.4km

7.1 /10

St. Mary

Private·secondary·2.4km

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.