Listed for:Listed 23 days ago
$369,000

Part 2 Mathew Street

Cobourg, ON K9A 3E6

Vacant Land For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for Part 2 Mathew Street, Cobourg

No listing history available

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*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 2 Mathew Street, Cobourg

Summarized Description

  • Rare R3-zoned development opportunity in Downtown Cobourg.
  • Municipal services available at the lot line.
  • Approved for building with severance completed.
  • Development charge credit reduces costs significantly.
  • Close to beach, marina, restaurants, and shopping.
  • Ideal for builders, investors, or developers.
  • Streamlined process with park levy fees already paid.
  • Renderings available to visualize potential development.

DOWNTOWN COBOURG DEVELOPMENT OPPORTUNITY! A rare opportunity to build in the heart of Downtown Cobourg! Part 2 is a R3-zoned development lot offering the potential to build a single-family dwelling, 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 $19,087.84 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, Side yard parking & Integrated garage.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$0
Land Transfer Tax Fee
$4,010

Rental Items

Rental Equipment
NA

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Vacant Land

Construction

Special Designation
Unknown

Lot

Lot Front
11.00 m
Lot Depth
37.22 m
Lot Size
0.1
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
R3
Directions
King St to Mathew St
Waterfront
None

MLS® number
X13835118
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-28
Updated on
2026-09-28
Days on market
23 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 2 Mathew Street, Cobourg, Cobourg, ON. Listed for $369,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for Part 2 Mathew Street, 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:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$18,450

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
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+CMHC insurance
$14,022$10,295$8,782$0
=Total mortgage
$364,572$342,395$322,432$295,200
Amortization
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%
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Payment frequency
=Mortgage payment
$1,780monthly$1,672monthly$1,574monthly$1,441monthly
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Land Transfer Tax

Provincial

$4,010

Total Land Transfer Tax

$4,010

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