Salehian.com 647-325-5000

66 Elgin Street W

Cobourg, Cobourg, K9A 5T4

$1,099,000

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Listed 96 days ago · MLS® X13572802

About this home

Exceptional investment opportunity in one of Cobourg's established commercial corridors. This fully leased income producing property combines stable cash flow, future development potential and a highly desirable location with exceptional visibility and exposure. With over 5,000sq. ft., this building is home to three established commercial tenants, providing immediate rental income while minimizing vacancy risk. Situated on a high traffic route with 13 municipally allocated parking spaces, the property offers excellent accessibility for tenants and customers alike, a valuable feature that's increasingly difficult to find in Cobourg. Positioned within the LM-14 zoning designation, the property also presents future opportunities for investors. In addition to its existing commercial use, the property includes one residential zoning component and may offer the potential to add/convert a residential unit, subject to approval from the Town of Cobourg, creating an opportunity to further enhance revenue over time. The current owners have made substantial capital improvements throughout their ownership, including a steel roof, multiple ductless heating and cooling systems, renovated commercial spaces, updated kitchens and bathrooms, new flooring, doors, security upgrades, mechanical improvements and more. These investments provide peace of mind while reducing the likelihood of major capital expenditures in the near future. Whether you're expanding an investment portfolio, securing a long term commercial asset or looking for a property with additional upside, 66 Elgin Street West offers a compelling combination of reliable income, quality improvements and future potential in one of Northumberland County's strongest commercial markets.

Details

Type
Commercial Retail
Lot
74.74 × 205 ft
Garage
Other
Property tax
$18,508 (2026)
Neighbourhood
Cobourg
Municipality
Cobourg

Heating, cooling and services

Heating
Baseboard
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
5,100 Square Feet

More

Possession
Flexible
Cross street
Division St & Elgin St

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 3 cafés and restaurants, 3 parks. Nearest grocery: Foodland (500 m). Nearest park: Morley Cane Park (350 m).

Schools nearby

Elementary

  • St. Joseph Catholic Elementary School Catholic
    EQAO: Gr 6 reading 80%, math 27%    18 min walk
  • Terry Fox Public School
    EQAO: Gr 6 reading 86%, math 43%    1.2 km
  • Notre Dame Catholic Elementary School Catholic
    EQAO: Gr 6 reading 96%, math 65%    1.3 km
  • Burnham Public School
    EQAO: Gr 6 reading 81%, math 56%    1.6 km

Secondary

  • St. Mary Catholic Secondary School Catholic
    EQAO: Gr 9 math 57%, literacy test 75%    16 min walk
  • Northumberland Centre for Individual Studies1.3 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K9A

Owners / renters
74% / 26%
Median household income
$82,000
Average age
49
Children under 15
13%
Homes
65% detached, 3% high-rise
Commute by transit
1%
Population
26,757

Languages spoken most at home besides English: Arabic 0.3%, Korean 0.2%, Mandarin 0.1%, Tagalog (Pilipino, Filipino) 0.1%.

Safety

Crime Severity Index for Cobourg police: 85 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX Rouge River Realty Ltd..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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