19 King Street W 202, Cobourg

$479,900
19 King Street W 202

$479,900

New
16d
Condo ApartmentApartment

19 King Street W 202, Cobourg

Total Monthly Obligation $3,067

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
16d
Score
25
Yield
8.0%
Cash on Cash
3.3%
Cap Rate
5.3%
5Y IRR
18.2%
10Y IRR
16.8%
Property Type-Condo Apartment
MLS® Number-X13871206
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,586.23 (2026)
Maintenance-$549.44/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Unknown
Possession-Immediate available
Neighbourhood-Cobourg
Title-Residential Condo & Other

No agent assigned

Ideally located on King Street in downtown Cobourg, this low-maintenance condo puts you steps from Lake Ontario and everything the downtown lifestyle has to offer. Offering two bedrooms, two bathrooms, and a carpet-free layout, the home blends timeless character with everyday comfort. The open principal living space features a bright living and dining room with high ceilings, decorative crown moulding, built-in shelving, and wall sconces that add a warm, inviting glow. The spacious kitchen offers ample cabinetry and counter space, open decorative shelving, recessed lighting, tile backsplash, pantry, and an elevated dishwasher. The generous primary suite is filled with charming details and features a convenient office nook, walk-in closet, and ensuite bathroom. A comfortable guest bedroom, full bathroom with glass shower and soaker tub, and dedicated laundry space complete the layout. Enjoy the best of downtown Cobourg right outside your door, with an incredible selection of shops, restaurants, cafés, parks, the marina, and Cobourg Beach all within easy reach. Conveniently located close to the 401, this is an ideal opportunity for those seeking a low-maintenance home in a vibrant community or an investment property in a highly desirable location.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$3,067/mo
Mortgage $1,936
Monthly Loss $2,558
Principal$509
Interest$1,426
Property Tax$382
Condo Fees$549
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.3%4
5-Year IRR
14.1%65
10-Year IRR
14.0%
Returns Index
34.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,304/yr
NOI
$20,894/yr
Net Cash Flow
-$195/mo
Cash Margin
-6.1%1
Cash Flow Index
1.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
30.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 19 King Street W 202

Time

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Data last updated within the past 24 hours.