A Downtown Legacy building Masterpiece! Live above your business. Work below your home. Whether you're a creative entrepreneur, urban professional, or investor, this is an exceptional opportunity to own a turnkey property in vibrant tourist & cultural corridors. Live. Work. Host. Invest. It's all here just steps to the Esplanade, Boardwalk, Marina, Beach, Farmers Market, Restaurants. VIA station 1 BLK & 100km to Toronto for commuting to this staycation hotspot. A Fabulous Lifestyle Awaits! A spectacular c.1870s 4-storey brick building offering a rare opportunity in the heart of the downtown heritage district. Fully Renovated, Mixed-use residential/commercial property seamlessly blends luxury, character, & income potential. 3+ BRs 5 Baths. Private Lift style Elevator. Rooftop Terrace. Live Above It All. A 3rd flr living area features a spacious north-facing living room with glass doors opening onto an 800 sq ft rooftop terrace (new railings). The home component is an entertainers dream with city views & steps to the lake breezes. South-facing views showcase the iconic Victoria Hall & charming heritage streetscape. Mindful renovations throughout include: Solid Canadian Maple Hardwood flooring, soaring vaulted ceilings, custom, classic & contemporary Kitchen. Spa-inspired baths, Arched Heritage windows, Slider Barn Doors, & Built-in Cabinetry. Bedrooms: A spacious 3rd flr BR with 4-piece Bath. Apartment-sized 4th floor loft Primary Suite with Ensuite Bath/Laundry combo & Walk In Closet. Potential for additional Bedrooms on 2nd flr in the studio/office level that has a 3pce Bath. Commercial Unit: Immaculate 2000+ MN FL Retail Storefront space with street access + pristine basement level with ample storage & staff rooms + 2pce Bath & janitorial sink closet. Zoning allows for Res/Com use. Ideal for Live/Work, B&B, or Boutique Hotel conversion. 5 entrances, 3 staircases, personal lift/elevator to 3rd floor. *Ask for detailed Feature Sheet & Floor Plans *
For sale
C$1,689,000
40 King St W, Cobourg, ON K9A 2L9
3beds
5baths
Single Family Residence
Built in ----
4,053.92 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Rooftop terraceCity viewsSteps to the lakeSoaring vaulted ceilingsSpa-inspired bathsArched heritage windowsSlider barn doors
- 89 days
- on Zillow |
- 21 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 08:27pm
Listed by:
CENTURY 21 ALL-PRO REALTY (1993) LTD.
Source: TRREB,MLS®#: X12172075
Originating MLS®#: Central Lakes Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Water Heater Owned, Built-In Oven
Features
- Guest Accommodations, Central Vacuum, Storage, Separate Heating Controls
- Flooring: Carpet Free
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Living area range: 5000 + null
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Private
Accessibility
- Accessibility features: Exterior Lift
Features
- Stories: 3
- Exterior features: Lighting
- Pool features: None
- Has view: Yes
- View description: Downtown
Lot
- Size: 4,053.92 Square Feet
- Features: Arts Centre, Beach, Marina, Public Transit, Park, Waterfront, Irregular Lot
Details
- Parcel number: 510940387
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Stone
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Cobourg
Financial & listing details
- Annual tax amount: C$13,794
- Date on market: 5/25/2025
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