$369,000
Est. payment $1,634/moCalculate yours
Part 2 Mathew Street, Cobourg, ON K9A 3E6
Cobourg, Cobourg, ON K9A 3E6
Listing courtesy of RE/MAX Rouge River Realty Ltd. MLS® X13835118
About this home
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.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Building & Systems
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 11 x 37.22 Metres
- Zoning
- R3
Location
- Neighbourhood
- Cobourg
- Cross Street
- King St
- Direction Faces
- West
Listing
- MLS® Number
- X13835118
- 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
Estimated mortgage payment
$1,634 per month
- Principal and interest
- $1,634
- Property tax
- $0
- Condo fees
- $0
- Estimated monthly cost
- $1,634
Your mortgage
- Mortgage amount
- $295,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $194,956
Cash to close
- Down payment
- $73,800
- Land transfer tax
- $4,010
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $77,810
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
This photo could not be loaded.