Skip to content
647-931-3923 info@cottageconnect.com
Cottages & waterfront for sale across Ontario cottage country
SwipeNEW
For saleMLS® X14093796

Lot - 550 King Street E, Cobourg, ON K9A 0S4

Cobourg · Near King St E & Willmott St., West of Workman Rd · View map

$4,250,000
0Baths
LandType
NoneParking
$5,907/yrTaxes
Call / Text Will
$4,250,000
FreeholdNo monthly condo fee
Lot 398.7 x 405 ftThe land comes with the home

About this home

A 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.

The home

Type
Land
Bathrooms
0
Lot size
398.7 x 405 ft
Faces
North

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$5,907/yr
Tax year
2026
Occupancy
Owner
Possession
TO BE DETERMINED - TBD
Cross street
King St E & Willmott St., West of Workman Rd
Neighbourhood
Cobourg

More

MLS® number
X14093796

The home and its surroundings

  • Beach
  • Lake/Pond
  • Park
  • Rec./Commun.Centre
  • School
  • Wooded/Treed
Want to know something that isn’t listed?
Estimated monthly cost$17,636per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    550 King Street, Cobourg, ON K9A 0S4

    Cobourg · Near King St E & Willmott St., West of Workman Rd

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 550 King Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about Lot - 550 King Street E

    Answers come straight from this home’s MLS® listing.

    How much is Lot - 550 King Street E listed for, and what would it cost each month?

    Lot - 550 King Street E is listed for $4,250,000. With 20% down ($850,000), the mortgage payment would be roughly $17,143 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $17,636 a month, all in. That figure is an illustration, not a quote.

    Is Lot - 550 King Street E freehold or a condo, and is there a monthly fee?

    Lot - 550 King Street E is a land in Cobourg. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does Lot - 550 King Street E have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is Lot - 550 King Street E?

    Lot - 550 King Street E is a land. Land is a vacant lot or acreage to build on; confirm the zoning, road access, hydro and a septic site before you plan a build.

    How big is Lot - 550 King Street E, and what is the lot size?

    The lot is listed as 398.7 x 405 ft.

    What are the property taxes for Lot - 550 King Street E?

    Property taxes are $5,907 a year (2026), or about $492 a month.

    Where is Lot - 550 King Street E?

    Lot - 550 King Street E is in Cobourg. The nearest main intersection is King St E & Willmott St., West of Workman Rd. The postal code is K9A 0S4.

    Is Lot - 550 King Street E still for sale?

    Yes. It is an active listing (MLS® X14093796). Listings here update from the board through the day and come down once a home sells.

    What have homes at 550 King Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at Lot - 550 King Street E?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

    Call
    © Cottage Connect · Will Balo, Sales Representative, RE/MAX Experts
    Privacy Policy Terms of Use Photo Credits