The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
A great commercial investment opportunity in a high-traffic location just north of Cobourg. This well-maintained property is fully leased to a long-term tenant, offering stable income in a highly visible location. For buyers looking to operate their own business from the property, the Seller can also provide vacant possession if required. The building offers approximately 2,800 sq. ft. of fully renovated space, including a modern reception area, private offices, boardroom, open-concept office space, kitchenette, ample storage and a two-piece washroom. An attached garage/workshop with soaring ceilings, built-in shelving and interior access adds valuable flexibility for a wide range of commercial uses. The interior has been extensively renovated since 2021, creating a modern, functional and inviting workspace. Additional improvements include exterior pot lighting (2021), gas heating (2007), central air conditioning (2011), updated electrical panel (2007), R-40 attic insulation and updated north-side windows (2016). Whether you're looking for a turn-key investment or a property for your own business, this is an excellent opportunity in a highly visible location. Renovated, leased and ready to earn!
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,312/mo
Mortgage (principal + interest)$2,839
Property taxFrom listing: $5,672/yr$473
Minimum $50,900 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$151,800
Ontario land transfer taxProvincial brackets, no first-time refund$11,655
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$166,255
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton Township has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
