A Downtown Legacy building Masterpiece! Live above your business. Work below your home. Whether you're a creative entrepreneur, urban professional, or investor, this is an exceptional opportunity to own a turnkey property in vibrant tourist & cultural corridors. Live. Work. Host. Invest. It's all here just steps to the Esplanade, Boardwalk, Marina, Beach, Farmers Market, Restaurants. VIA station 1 BLK & 100km to Toronto for commuting to this staycation hotspot. A Fabulous Lifestyle Awaits! A spectacular c. 1870s 4-storey brick building offering a rare opportunity in the heart of the downtown heritage district. Fully Renovated, Mixed-use residential/commercial property seamlessly blends luxury, character, & income potential. 3+ BRs 5 Baths. Private Lift style Elevator. Rooftop Terrace. Live Above It All. A 3rd flr living area features a spacious north-facing living room with glass doors opening onto an 800 sq ft rooftop terrace (new railings). The home component is an entertainers dream with city views & steps to the lake breezes. South-facing views showcase the iconic Victoria Hall & charming heritage streetscape. Mindful renovations throughout include: Solid Canadian Maple Hardwood flooring, soaring vaulted ceilings, custom, classic & contemporary Kitchen. Spa-inspired baths, Arched Heritage windows, Slider Barn Doors, & Built-in Cabinetry. Bedrooms: A spacious 3rd flr BR with 4-piece Bath. Apartment-sized 4th floor loft Primary Suite with Ensuite Bath/Laundry combo & Walk In Closet. Potential for additional Bedrooms on 2nd flr in the studio/office level that has a 3pce Bath. Commercial Unit: Immaculate 2000+ MN FL Retail Storefront space with street access + pristine basement level with ample storage & staff rooms + 2pce Bath & janitorial sink closet. Zoning allows for Res/Com use. Ideal for Live/Work, B & B, or Boutique Hotel conversion. 5 entrances, 3 staircases, personal lift/elevator to 3rd floor. * Ask for detailed Feature Sheet & Floor Plans *
Single-familyProperty Type
4 spacesParking
Source:TREB #X12172075
Market trends in Cobourg, ON
Last updated October 2026
Sale-to-list price
--
Median sale price
--
Avg. days on market
--
Recently sold homes
--
Provided by Redfin
Sale history for 40 King St W
Date
Event
Price
TREB #X12172075
Nov 23, 2025
Delisted
—
May 22, 2025
Listed
$1,689,000
+41
A Downtown Legacy building Masterpiece! Live above your business. Work below your home. Whether you're a creative entrepreneur, urban professional, or investor, this is an exceptional opportunity to own a turnkey property in vibrant tourist & cultural corridors. Live. Work. Host. Invest. It's all here just steps to the Esplanade, Boardwalk, Marina, Beach, Farmers Market, Restaurants. VIA station 1 BLK & 100km to Toronto for commuting to this staycation hotspot. A Fabulous Lifestyle Awaits! A spectacular c. 1870s 4-storey brick building offering a rare opportunity in the heart of the downtown heritage district. Fully Renovated, Mixed-use residential/commercial property seamlessly blends luxury, character, & income potential. 3+ BRs 5 Baths. Private Lift style Elevator. Rooftop Terrace. Live Above It All. A 3rd flr living area features a spacious north-facing living room with glass doors opening onto an 800 sq ft rooftop terrace (new railings). The home component is an entertainers dream with city views & steps to the lake breezes. South-facing views showcase the iconic Victoria Hall & charming heritage streetscape. Mindful renovations throughout include: Solid Canadian Maple Hardwood flooring, soaring vaulted ceilings, custom, classic & contemporary Kitchen. Spa-inspired baths, Arched Heritage windows, Slider Barn Doors, & Built-in Cabinetry. Bedrooms: A spacious 3rd flr BR with 4-piece Bath. Apartment-sized 4th floor loft Primary Suite with Ensuite Bath/Laundry combo & Walk In Closet. Potential for additional Bedrooms on 2nd flr in the studio/office level that has a 3pce Bath. Commercial Unit: Immaculate 2000+ MN FL Retail Storefront space with street access + pristine basement level with ample storage & staff rooms + 2pce Bath & janitorial sink closet. Zoning allows for Res/Com use. Ideal for Live/Work, B & B, or Boutique Hotel conversion. 5 entrances, 3 staircases, personal lift/elevator to 3rd floor. * Ask for detailed Feature Sheet & Floor Plans *
As the MLS and public records start to fill up, we'll list the details here.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: Northumberland County
Home facts updated by public records on May 25, 2025
Around this home
Schools
1.3km
C R Gummow School
Public, JK-8 • Assigned
1.1km
Cobourg Collegiate Institute
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
Is this your home?
Track this home’s value and nearby sales activity
Nearby similar homes
Sorry, we don't have any nearby similar homes to display. See all homes for sale in Cobourg