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1 Ballantine St. | Cobourg ON | 7260263925

For Sale By Owner Inc.

This listing was posted on For Sale By Owner Inc..

$749,000

Location! Location! Location! Hard to beat this.

Price:
$749,000
Location:
1 Ballantine St., Cobourg, ON
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.
Property Type:
Real Estate
For sale by:
By Owner
Posted:
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