50 photos

Highlight

Year Built

Days of On-Site Use

Property Type

Commercial

Price per Sqft

Car Garage

Property Details

Key Details

Sub Type

Investment

Listing Status

Active

Purchase Type

For Sale

Square Footage

4,390 sqft

Subdivision

Cobourg

MLS Listing ID

X12641452

Annual Tax Amount

$8,916

Tax Year

2025

Property Sub-Type

Investment

Location

Province

County

Northumberland

Area

Northumberland

Zoning

Interior

Cooling

Yes

Inclusions

Central A/C, Forced Air Gas Furnace. Hot Water Tank. Newer membrane roof on building, Furnace, Fire Retrofit 2024. 3 Parking Spots. Potential for patio. Salon washing stations Roughed-In (capped over). Brick building w/ character in great condition. Income & Expenses & Upgrades list available. Tenant leases for review with accepted offer.

Exterior

Utilities Available

Yes

Lot Frontage

22.26

Lot Depth

115.6

Building

Building Age

100+

Others

Security Features

ParcelsYN

Virtual Tour

https://listings.insideoutmedia.ca/sites/webgbvr/unbranded

Listed by CENTURY 21 UNITED REALTY INC.

Purchase & mortgage inputs

Purchase price $650,000

First-time home buyer

New construction / new build

Property is in the City of Toronto (adds Toronto MLTT)

Down payment 10% · $65,000

Minimum required for this price: 5% on the first $500,000, 10% on the remainder.

Interest rate (contract) 4.99%

Amortization 25 yrs

Property taxes, annual $4,200

Heating, annual $1,800

Condo fees, monthly $0

Only 50% of condo fees count toward GDS/TDS.

Other monthly debt payments $400

Car loans, credit cards, student loans, other credit obligations.

Household annual income, optional $0

Enter this to check pass/fail against required income. Leave at 0 to just see what's required.

Other closing costs $2,000

Legal fees, title insurance, home inspection, adjustments.

Qualification & closing costs

Conventional (uninsured)

Loan amount

Total mortgage (incl. premium)

Monthly payment (contract rate)

Monthly qualifying payment

Stress-test qualifying rate (MQR)0.00%

GDS ratio (at qualifying rate)0.0%

TDS ratio (at qualifying rate)0.0%

Insurance premium rate—

Insurance premium$0

Ontario PST on premium (8%, cash)$0

Ontario land transfer tax$0

Ontario first-time buyer rebate$0

Toronto municipal land transfer tax$0

Toronto first-time buyer rebate$0

Total cash needed to close$0

For information purposes only. This calculator reflects publicly available federal and Ontario mortgage rules as of mid-2026 and does not constitute financial, legal, tax or mortgage advice. Confirm current rules and your actual qualification with a licensed mortgage professional or lender before making a decision.

Minimum down payment: 5% on the first $500,000, 10% on the portion from $500,000 to $1.5 million. Properties at or above $1.5 million require at least 20% down and cannot be insured.
Maximum insured amortization is 25 years, or 30 years if you are a first-time buyer or purchasing a new build. Insured mortgages also require a minimum credit score of 600 and a traditional (non-borrowed) down payment source.
The stress test qualifying rate is the greater of your contract rate + 2%, or the 5.25% regulatory floor.
GDS (39%) and TDS (44%) are standard insurer guidelines; individual lenders may apply different limits, especially for conventional (uninsured) mortgages.
Land transfer tax figures use current Ontario and Toronto marginal rate schedules and standard first-time buyer rebates. Other municipalities in Ontario do not currently levy a municipal land transfer tax.

Prepared by Navjot Singh.

Nearby Locations

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Navjot Singh

REALTOR® | License ID: 5027745

+1(519) 505-5832 | navjot@teammosaic.ca

Residential mortgage & income qualification calculator

Purchase & mortgage inputs

Qualification & closing costs

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39 King ST W

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