108, 208, 308 - 185 DIVISION STREET, Cobourg, Ontario, K9A4M4

Property Description

Welcome to units 108, 208 & 308 at Beach Walk Flats, a rare multiuse investment opportunity in one of Cobourg's most sought after waterfront neighbourhoods. Steps from Cobourg beach, marina, boardwalk and the thriving historic downtown, this modern property combines prime commercial visibility with strong residential income in a high growth area that attracts steady year round activity. The commercial space features high ceilings, and expansive windows that create a bright, modern environment suitable for a wide range of uses. With twenty residential units above, this location delivers built in foot traffic and strong exposure for any commercial operation. Two stylish two bedroom residential units complete the offering. These suites feature modern layouts, clean industrial inspired finishes and excellent rental appeal that supports long term portfolio growth. Just when you thought these units had it all, the private rooftop terrace adds views of Lake Ontario and a modern outdoor space designed for relaxing or entertaining. Investors will appreciate the strong rental fundamentals, rising demand in the harbour district and Cobourg's proven reputation as one of the top waterfront communities. Commercial owners will value the visibility, walkability and unmatched proximity to the beach, marina and downtown. Beach Walk Flats is a high performing asset in a thriving location. A smart, strategic investment for those seeking value, flexibility and lasting income potential. *Note: Taxes have yet to be assessed, HST applicable on the commercial portion only* (id:64974)

Quick Facts

• Property Type: Single Family
• Style: Multi-level
• Bedrooms: 4 (4 above)
• Bathrooms: 2
• Ownership: Condo/Strata
• Parking: 3 spaces (No Garage)

Costs

• Condo/HOA Fee: $328.43 / monthly
• Corp: Granite Property Management
• Includes: Common Area Maintenance, Parking

Listing Provided by: RE/MAX IMPACT REALTY
Board: Central Lakes Association of REALTORS®
Data provided via CREA DDF®.