422 KING STREET W, Cobourg
$1,350,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13740460
- Neighbourhood
- Cobourg
This Property offers excellent potential in High Traffic Location, an apartment building directly across the street provides consistent customer flow. The business benefits from peak activity during the summer months with a public beach located approximately 500 yards away. This well established operation attracts a steady stream of Buyers and customers flow. The owner has completed full renovations and there is no outstanding work. The business generates approximately over $200,000 a year offering an affordable turnkey opportunity. Please do not approach staff directly.
Sold data
Homes in Cobourg — recent sold market
Homes in Cobourg took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 55, across 101 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.
The median sale price was $649,000.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
- Median days to sell
- 27
- Median sale price
- $649,000
- Sale-to-list ratio
- 97.7%
- Sold above asking
- 14%
Based on 101 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Cobourg
Cobourg has 9 Fraser Institute–rated schools (7 elementary and 2 secondary), averaging 6.0/10.
- Rated schools
- 9
- Elementary
- 7
- Secondary
- 2
- Average rating
- 6.0 / 10
Top-rated schools in Cobourg
- Camborne — elementaryFraser rating 7.5/10
- Terry Fox — elementaryFraser rating 7.3/10
- Merwin Greer P S — elementaryFraser rating 7.2/10
- St. Mary — secondaryFraser rating 7.1/10
- C R Gummow — elementaryFraser rating 5.9/10
- Cobourg — secondaryFraser rating 5.6/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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