79 King Street W D
Cobourg, Cobourg, K9A 2M4
$499,000
Listed 274 days ago · MLS® X12711350
About this home
State-of-the-art commercial condo. Fully renovated with premium design, transferable licensing, & outstanding flexibility, making it ideal for investors or owner-operators alike. A Rare Value! Exceptional opportunity to own a turnkey restaurant, cafe, or bar in the heart of a vibrant, high-traffic downtown tourist district 100 km from Toronto. Professionally rebuilt 2 years new, the space was fully renovated & showcases high-grade fixtures finishes throughout, wrapped in a sleek, modern, minimalist aesthetic designed for both efficiency & visual impact. Formerly operating as a successful espresso, wine, craft beer, martini bar, the unit attracted a loyal clientele. LCBO licensed for 30 seats (transferable), an elegant long bar with granite steel countertops, a book-matched marble backsplash with stacked handmade wall tile, durable 24" x 24" terrazzo-style porcelain flooring. Additional features include steel shelving, large display windows with security gates, washrooms, a generous prep storage room, basement storage (wet-wrapped & dry), rear access beyond 2 washrooms, a small outdoor cafe table area. Ideally positioned steps from the marina, yacht club, lake, beach, park & adjacent to cultural landmarks such as Victoria Hall & the Art Gallery, Concert Hall, live Music venues. Surrounding streets are lined with boutiques, professional offices, banks, entertainment, dining, ensuring consistent year-round foot traffic. Purchase as a pure investment with a tenant ready to lease, or buy & owner operate your own concept immediately. Select equipment, including a Bosco espresso machine & professional barista setup negotiated separately. With ample street & nearby lot parking, proximity to the VIA Rail station, and easy access via the 401/407 corridor, this location is perfectly positioned to benefit from continued growth & tourism momentum. A rare, high-quality commercial condo in a premier downtown location-ideal for investors, restaurateurs, or lifestyle entrepreneurs.
Details
- Type
- Commercial Retail
- Age
- 6-15 years
- Garage
- None
- Property tax
- $5,050 (2025)
- Neighbourhood
- Cobourg
- Municipality
- Cobourg
Heating, cooling and services
- Heating
- Electric Forced Air
- Water and sewer
- Sanitary+Storm
- Utilities
- Yes
Building and exterior
- Age
- 6-15 years
- Building area
- 995 Square Feet
More
- Possession
- Immediate
- Cross street
- Third St And King St W
- Business type
- Hospitality/Food Related
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 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%1.7 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 Century 21 United Realty Inc..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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