74 King Street W

Cobourg, Cobourg, K9A 2M3

$75,000

Photo 1 of 17Photo 2 of 17Photo 3 of 17Photo 4 of 17Photo 5 of 17Photo 6 of 17Photo 7 of 17Photo 8 of 17Photo 9 of 17Photo 10 of 17Photo 11 of 17Photo 12 of 17Photo 13 of 17Photo 14 of 17Photo 15 of 17Photo 16 of 17Photo 17 of 17
  • 2 bathrooms

Listed 133 days ago · MLS® X13421544

About this home

Open in time for the Summer crowds!! An exciting opportunity awaits in the heart of downtown Cobourg with the sale of The EL. Currently closed, The EL was a thriving and well-established gastropub located at 74 King Street West. With one of the best and most central patios *front and back* with Victoria Hall as the backdrop!! Just steps from the marina, waterfront, and a steady flow of both local and tourist traffic, this business is ideally positioned for continued success. The EL is widely recognized for its inventive menu, creative cocktails, and playful brand identity that has cultivated a loyal following throughout Northumberland County and beyond. The restaurant has been thoughtfully renovated and features modern décor, comfortable seating, and a vibrant atmosphere that keeps guests coming back. Its reputation for globally inspired comfort food and memorable hospitality has solidified its place as a destination for locals and visitors alike. The sale includes The EL name, logo, social media pages, all fixtures, furnishings, and kitchen equipment, offering a quick, turnkey transition for the next owner. With a proven track record of both dine-in and take-out service, as well as strong community connections, The EL presents an outstanding opportunity for an experienced restauranteur or entrepreneur seeking a new venture. Additional potential exists to continue to grow the business further through catering, special events, and expanded seasonal offerings. This is your chance to own a dynamic business in one of Ontario's most desirable lakeside towns, with the lifestyle benefits that come from operating in Cobourg's welcoming and vibrant community. New lease to be signed with landlord - building owner is the owner of The EL. Front and back patios + full use of basement, included.

Details

Type
Sale Of Business
Garage
None
Neighbourhood
Cobourg
Municipality
Cobourg

Interior

Bathrooms
2 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes

More

Possession
Immediate
Cross street
Division St.
Business type
Restaurant

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 Very walkable

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

Within a 10-minute walk: 3 grocery stores, 23 cafés and restaurants, 3 parks, 3 pharmacies. Nearest grocery: The Market & Smør (400 m). Nearest park: Rotary Waterfront Park (250 m).

Schools nearby

Elementary

  • St. Michael Catholic Elementary School Catholic
    EQAO: Gr 6 reading 94%, math 44%
    7 min walk
  • C.R. Gummow Public School
    EQAO: Gr 6 reading 89%, math 53%
    1.3 km
  • Burnham Public School
    EQAO: Gr 6 reading 81%, math 56%
    1.6 km
  • Notre Dame Catholic Elementary School Catholic
    EQAO: Gr 6 reading 96%, math 65%
    1.9 km

Secondary

  • Cobourg Collegiate Institute
    EQAO: Gr 9 math 53%, literacy test 81%
    1.3 km
  • Northumberland Centre for Individual Studies2.1 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 Royal LePage ProAlliance Realty.

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

Similar homes nearby

See more in Cobourg