Gurvinder Nokwal REALTOR®
For Sale Vacant Land 20 days on market

$599,000

Est. payment $2,652/moCalculate yours

Part 1 Mathew Street, Cobourg, ON K9A 3E6

Cobourg, Cobourg, ON K9A 3E6

Map

Listing courtesy of RE/MAX Rouge River Realty Ltd. MLS® X13835112

About this home

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.

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Building & Systems

Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
18.03 x 39.61 Metres
Zoning
R4

Location

Neighbourhood
Cobourg
Cross Street
King St
Direction Faces
West

Listing

MLS® Number
X13835112
Days on Market
20
Listed On
2026-09-28
Possession
Flexible
Listed By
RE/MAX Rouge River Realty Ltd.

Features

Included
NA
Excluded
NA
Rental items
NA

Mortgage calculator

Minimum for this price: $34,900 (5.83%)

Amortization, years

Estimated mortgage payment

$2,652 per month

Principal and interest
$2,652
Property tax
$0
Estimated monthly cost
$2,652

Your mortgage

Mortgage amount
$479,200
Mortgage insurance
Not needed
Interest over 25 years
$316,473

Cash to close

Down payment
$119,800
Land transfer tax
$8,455
Total, before legal fees
$128,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

Part 1 Mathew Street, Cobourg, ON K9A 3E6 Cobourg, Cobourg, ON K9A 3E6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$599,000 Part 1 Mathew Street, Cobourg, ON K9A 3E6
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