38 Covert St is a retail in Cobourg, listed for $889,000.
1The main floor features a full commercial kitchen and a pub style dining area with a classic bar creating an immediate opportunity for continued restaurant or hospitality operations.
2The second level includes a cold prep kitchen, a private dining room, an office, and a large flexible space suitable for events overflow, dining, or potential residential conversion subject to municipal approvals.
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Commercial Property in Cobourg
About 38 Covert Street
38 Covert Street offers a strategic investment opportunity in the heart of downtown Cobourg. Well-known as the long time home of the Cat and Fiddle restaurant this 3156 square foot MC zoned building provides strong commercial versatility and excellent potential for value growth. Its location in Cobourg's thriving core supports a wide range of future uses making it appealing for both owner operators and long term investors. The main floor features a full commercial kitchen and a pub style dining area with a classic bar creating an immediate opportunity for continued restaurant or hospitality operations. The second level includes a cold prep kitchen, a private dining room, an office, and a large flexible space suitable for events overflow, dining, or potential residential conversion subject to municipal approvals. Two spacious washrooms serve the upper level. A large outdoor patio enhances seasonal revenue potential and adds strong curb appeal. While kitchen and dining equipment are not included in the offering they are negotiable allowing buyers to decide between a turnkey food service option or a redevelopment strategy. The MC zoning supports a variety of commercial and mixed use configurations and buyers may explore creating two upper level apartments while maintaining commercial use on the main floor in consultation with the planning department. With its established reputation, high-visibility, flexible zoning, and strong demand for quality commercial space in downtown Cobourg this property presents an exceptional opportunity for investors seeking stability future redevelopment options or income producing potential, in a prime location.
Cobourg retail priced at $889,000 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 38 Covert St
Every detail from the listing, in one place.
Type
Retail
Lot size
48.00 x 147.00 Feet
Features & systems
Lot & land
Lot dimensions
48.00 x 147.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
38 Covert St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13880260$889,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 Covert St Compares to the Cobourg Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings223Homes for sale here right now.
Median vs prior 90 days+4.1%Compared with Apr 12 – Jul 11, 2026: prices up.
Based on 153 sales from Jul 11 – Oct 9, 2026 (96 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 38 Covert St
How much is 38 Covert St listed for?
38 Covert St is listed at $889,000 (MLS® X13880260). Summitly updates the price as soon as the MLS® record changes.
Has the price of 38 Covert St changed?
No — 38 Covert St is still listed at its original asking price of $889,000.
How many bedrooms and bathrooms does 38 Covert St have?
The listing for 38 Covert St doesn't publish its bedroom and bathroom count. It is a commercial property in Cobourg.
How does 38 Covert St compare with other homes in Cobourg?
Its asking price of $889,000 is about 39% above the median sold price in Cobourg over the last 90 days, $640,000, across 153 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 38 Covert St been sold before?
Summitly has no earlier MLS® sale or lease of 38 Covert St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 Covert St?
38 Covert St is in Cobourg, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Covert St been on the market?
38 Covert St was listed today (October 9, 2026).
What is the lot size of 38 Covert St?
The lot measures 48.00 × 147.00 Feet, as published in the listing.
What is the land transfer tax on 38 Covert St?
About $14,255 in Ontario land transfer tax at the asking price of $889,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 38 Covert St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 38 Covert St?
The listing for 38 Covert St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Cobourg.
When was 38 Covert St built?
The listing for 38 Covert St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
