Part 1 Mathew Street, Cobourg

$599,000
Part 1 Mathew Street

$599,000

New
25d
Vacant Land

Part 1 Mathew Street, Cobourg

Total Monthly Obligation $2,791

Beds
0
Baths
0
Park
0
DOM
25d
Property Type-Vacant Land
MLS® Number-X13835112
Beds-0
Lot Size-18.03 × 39.61 ft
Listed on site-Sep 28, 2026
Building Type-Vacant Land
Brokerage-RE/MAX Rouge River Realty Ltd.
Laundry-No
Fireplace-No
Pool-None
Facing-West
Sewer-Sewer
Possession-Flexible
Neighbourhood-Cobourg
Title-Residential Freehold

No agent assigned

DOWNTOWN COBOURG DEVELOPMENT OPPORTUNITY! A rare opportunity to build in the heart of Downtown Cobourg! This R4-zoned development lot offers the potential to build up to 4 residential units, making it an excellent opportunity for builders, investors, or developers. The lot already has municipal sewer, water & hydro at the lot line, helping streamline the development process. Approved for building with severance and rezoning completed in 2025, much of the groundwork is already in place to move forward. Park Levy fee's already paid & lot has a $20,000 Development Charge Credit - a valuable reduction in development-related fees. Ideally located close to everything Downtown Cobourg has to offer, including the beach, marina, restaurants, shopping, parks and downtown amenities. A fantastic opportunity to build new residential units in one of Cobourg's most convenient locations. Renderings were completed for severance to highlight streetscape.

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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$2,791/mo
Mortgage $2,416
Monthly Loss $2,155
Principal$636
Interest$1,780
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near Part 1 Mathew Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.