For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Cobourg · Cobourg

550 King Street E, Unit Lot

Vacant Land

MLS® #X14093796

Listed for$4,250,0003 days on market

— bed — bath

New this week
Transit stop ~12.9 km

Free · about 10 seconds

Is $4,250,000 a fair price?

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Est. all-in monthly~$20,267/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~12.94 km

Property information

What house buyers ask first

Lot size: 398.67 × 405.01 ft
Property tax: $5,907 / yr

Property summary

Property type: Vacant Land
Style: Other
Lot size: 398.67 × 405.01 ft
Property tax: $5,907 / yr
MLS®: X14093796

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$339,000

Below recent sales

249 Ruttan Terrace, Unit 503

2 bed · 1 bath·1000-1199 sq ft·1 parking·$562/mo fee

Cobourg

Listed 16 days ago · Royal LePage Proalliance Realty

Condo Townhouse

$335,000

Below recent sales

249 Ruttan Terrace, Unit 505

2 bed · 1 bath·1000-1199 sq ft·2 parking·$686/mo fee

Cobourg

Listed 31 days ago · Keller Williams Energy Real Estate

Semi-Detached

$629,000$648,000Price reduced from $648,000

Below recent sales

248 Ruttan Terrace

3 bed · 3 bath·1500-2000 sq ft·3 parking

Cobourg

Listed 36 days ago · Royal Service Real Estate Inc.

Detached

$579,900

Below recent sales

235 Carroll Crescent

2+2 bed · 2 bath·1100-1500 sq ft·3 parking

Cobourg

Listed 1 day ago · RE/MAX Hallmark First Group Realty Ltd.

Detached

$699,000$750,000Price reduced from $750,000

Below recent sales

12 Maplewood Boulevard

3 bed · 3 bath·1500-2000 sq ft·7 parking

Cobourg

Listed 176 days ago · RE/MAX Hallmark First Group Realty Ltd.

Att/Row/Townhouse

$649,000

Below recent sales

Blk 53 Drewery Road, Unit 3

3 bed · 3 bath·1500-2000 sq ft·2 parking

Cobourg

Listed 16 days ago · Royal LePage Proalliance Realty

The numbers that matter

Property tax: $5,907/yr
Est. all-in: ~$20,267/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Bus stopNearest transit · Bus stop~12.9 km
Port HopeNearest GO / rail · GO / regional rail~13.5 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Cobourg

$600KMedian sold

44Median days on market

97.4%Sale-to-list

Median sold price · Cobourg1-yr -8% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Description & details

A marquee development opportunity in Cobourg at 550 King Street East -- a landmark location offering 4 acres of potential and endless possibilities. Introducing a rare opportunity to acquire one of Cobourg's most prominent east-end properties. Strategically positioned with approximately 400 feet of frontage on the sunny side of King Street East, #550 is a true gateway property, capturing attention as you enter town. With its high-profile location, substantial landholding and development zoning, this exceptional 4 acre parcel presents an exciting opportunity for visionary builders, savvy investors and developers looking to secure a significant presence in a growing community. Offering municipal water, sewer, natural gas and featuring two entrances directly off King Street East, this property provides a compelling foundation for future development. Surrounded by new and established residential neighbourhoods along with new build commercial amenities, the location places future possibilities within a community experiencing continued growth and transformation. Opportunities of this scale and visibility are rarely available in such a strategic location. Whether you are an established developer expanding your portfolio or a builder seeking your next significant project, 550 King Street East offers the chance to envision what comes next in one of Cobourg's most recognizable locations. Property is being offered primarily for its land value and future development potential. The existing dwelling and outbuildings are not available for showings.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by Re/Max Impact Realty. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.