Vacant Land For Sale in Cobourg, ON

1 Ballantine St.

$749,000

Location! Location! Location! Hard to beat this.

Vacant Land For Sale in Cobourg, ONVacant Land For Sale in Cobourg, ONVacant Land For Sale in Cobourg, ON

This seller is willing to negotiate sales commission with any real estate agent who brings an acceptable offer from a qualified buyer.

  • Description
  • Map Location
  • Mortgage
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Property Description

Rare corner lot (1242sqm/0.31 acres). 1km south on Cobourg's main 401 exit and north/south artery: Division St. and Ballantine St.

  • Frontage - Ballantine St. = 41.87m (137ft 4.4in)
  • Frontage - Division St. = 22.86m (75ft)

  • District Commercial (DC) zoning with residential as a secondary use above, max 4 stories.
  • A copy of the current Zoning By-law is found under the following link - see ZONE REGULATIONS:SECTION 14
  • https://www.cobourg.ca/en/our-government/resources/Frequently-requested-bylaws/by_2003ZoningBylaw085-2003.pdf

  • Environmental audit done before the ground work showed no issues (included)
  • Engineered parking, building site, drainage, sewer, retaining wall drawings included.
  • Landscape, survey, site application/plan doc’s included.

  • Retaining wall boarders the east and south property lines. The outer edge of the wall are the property lines
  • Wall has been over designed for long life, 3ft base, 10" thick walls with 2x rebar.

  • Sanitary Sewer hooked into Town with (sewer/manhole) on the lot.
  • Water hooked into Town water and coiled on the lot.
  • Electric conduit to transformer station into lot.
  • Underground lot drainage has been installed (2x sewer, OGER, pipes). Lot parking/building area is all deep B gravel.

  • Note: Town of Cobourg owns 1ft on Division St. side. This means no entrance from Division St. is allowed. Due to this the owner is not responsible for sidewalk clearing, grass cutting, tree fees, etc. All the benefits, none of the costs.

  • Excellent property location for commercial business(s), commercial business(s) + residential above, or as an investment.
Map Location

Approximate Map Location*

1 Ballantine St., Cobourg, Ontario, Canada   K9A 5G8

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* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.

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Seller Name:

6656391 Canada Inc.

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6656391 Canada Inc.

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Location
  • Address: 1 Ballantine St.
  • City: Cobourg
  • Province/State: Ontario
  • Postal/Zip Code: K9A 5G8
  • Country: Canada
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The Basics
  • Property Type: Vacant Land
  • Ad Type: For Sale
  • Ownership: Freehold/Fee Simple
  • Listing ID: 567508
Price: $749,000
Main Features
0.3 acres
Lot Size
$4,454
Annual Taxes