Part 1 Mathew Street Cobourg, Ontario K9A 3E6

$599,000

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. (id:58073)

Property Details

MLS® Number	X13835112
Property Type	Vacant Land
Community Name	Cobourg
Features	Flat Site

Building

Utility Water

Municipal Water

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	39.61 M
Size Frontage	18.03 M
Size Irregular	18.03 X 39.61 M
Size Total Text	18.03 X 39.61 M|under 1/2 Acre
Zoning Description	R4

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/30335039/part-1-mathew-street-cobourg-cobourg