73 King Street W, Cobourg - Cobourg

The offering presents the opportunity to acquire a 100% freehold interest in 73 King Street West, Cobourg, Ontario (the "Property" or the "Site"). The Property is a three-storey mixed-use building on a corner lot in the heart of Cobourg's heritage downtown, comprising eight residential suites and six commercial units - a fully occupied, dual-stream income profile with meaningful residential rent upside. The residential component consists of one-bedroom suites averaging 650 sf, each with in-suite laundry and individually controlled electric forced-air heating and central air conditioning, with tenants responsible for their own hydro. In-place rents average $1,419 per month against a market rent of $1,825, a gap of roughly 29%. The six commercial units total 5,448 sf, are leased to a coffee