Cobourg · Commercial · Land
Last updated by the listing brokerage Oct 23, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2026 | $5,907 | — | MLS® listing |
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Sign in to view historyA 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.
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Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
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First-time buyers can get up to $4,000 back on Ontario land transfer tax. Cobourg 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.
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