131 KING STREET E
Central Lakes · K9A1L2
$1,179,000
About this residence
A special multi unit investment opportunity in the "heart" of downtown Cobourg, history transformed what once was an original Baptist Church constructed in 1956, peacefully tucked along King Street. Now a legal 4plex, this property offers a multitude of uses, whether you desire multi generational living, or utilized as an investment/income generating property it's all up to your imagination! Comprising two MAIN floor units, loft style, uniquely designed for an inviting and unique space that welcomes you immediately. Two LOWER units, one more expansive with seperate entrances for all 4 units, ample parking and all of the old world charm of this beautifully in tack full brick building. A lovely location for the consideration of possible short term rental, enjoy a short walk to the Cobourg Beach and Marina, parks, locate eateries, grocery market and all of the additional beauty of this location and all the history that surrounds. A must view to appreciate, this multi unit property feels much like the comforts of a traditional home and could easily accommodate something that suits your own families personal needs. Excellent revenue, additional details and property features available to prospective buyers, a great way to get a better understanding of all the opportunity that lives within this piece of Cobourg's history books! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Fourplex
- Bedrooms
- 6 (4 above, 2 below)
- Bathrooms
- 5 (1 half)
- Storeys
- 2
- Living area
- 3,500–5,000 sq ft
- Lot size
- 64.9 x 148.9 FT
- Frontage
- 64.1 feet
- Parking
- 6 spaces
- Fireplace
- Yes
- Annual tax
- $5,486
- MLS®
- X12605068
- Board
- Central Lakes
- Status
- Active
- Listed
- Dec 5, 2025
- Updated
- Jun 9, 2026
Features & finishes
Heating
- Forced air
- Natural gas
Cooling
- Window air conditioner
Basement
- Finished
Exterior
- Brick
Foundation
- Block
Parking
- No Garage
Lot
- Flat site
- Lighting
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Community
- School Bus
Financing
Estimated monthly payment
$5,514/mo
Loan amount
$943,200
Down payment
$235,800
Estimate only. Rates and terms vary by lender and qualification.
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Central Lakes
Frequently asked questions
What is the asking price for 131 KING STREET E?
131 KING STREET E is listed for $1,179,000, in Central Lakes.
How many bedrooms and bathrooms does 131 KING STREET E have?
It offers 6 bedrooms and 5 bathrooms (including 1 half-bath).
What type of home is 131 KING STREET E?
131 KING STREET E is a Multi-family, Fourplex set over 2 storeys.
How large is 131 KING STREET E?
The home offers approximately 3,500–5,000 sq ft of living space on a lot measuring 64.9 x 148.9 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $5,514. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,486 per year.
Is there parking?
Yes — 131 KING STREET E includes 6 parking spaces.
Private viewings
Arrange a private viewing of 131 KING STREET E.
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