Lot - 550 King Street E, Cobourg, ON K9A 0S4
Cobourg · Near King St E & Willmott St., West of Workman Rd · View map
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
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The home and its surroundings
- Beach
- Lake/Pond
- Park
- Rec./Commun.Centre
- School
- Wooded/Treed
- Mortgage
- Property tax
- Maintenance fee
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.
550 King Street, Cobourg, ON K9A 0S4
Cobourg · Near King St E & Willmott St., West of Workman Rd
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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.
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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.
Courtesy of: Re/Max Impact Realty
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.