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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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41 Prospect Avenue Cobalt
For SaleCobalt

41 Prospect Avenue Cobalt, Commercial Retail for Sale

MLS® T12556636

Cobalt, ON

354 days on market
$1,099,500
Show on Map
Show on Map
N/ABeds
N/ABaths
21,000Sqft
N/AParking
Commercial Retail

Overview· 41 Prospect Avenue Cobalt

MLS® #T12556636

Discover incredible potential in this approx. 21,000 sq. ft. finished former school building, offering endless possibilities for redevelopment. Whether you envision a long-term care facility, retirement home, apartment building, or another large-scale project, this property provides the space and structure to bring it to life. Amazing opportunity to become a rental property. Previous Listing Located in the historic Town of Cobalt-famous for its silver mines and known as "The Birthplace of Hard Rock Mining in Canada"-this property sits on a corner lot just under 1 acre, right in town. Electa's Ontario Refinery could produce enough cobalt sulfate to supply more than 1 million electric vehicles per year Key Features: Approx. 21,000 sq. ft. finished area Ideal for multi-unit conversion or care facility Corner lot, just under 1 acre Located in Cobalt, ON Property sold "As Is"

Broker

HOMELIFE/MIRACLE REALTY LTD

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Walk Score®50Car-DependentCar-Dependent
Transit Score®—No transit agency data for this addressNo transit agency data for this address
Bike Score®29Somewhat BikeableSomewhat Bikeable
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 41 Prospect Avenue Cobalt

Source: MLS® listing data
41 Prospect Avenue Cobalt

Commercial Retail

41 Prospect Avenue Cobalt

Cobalt

Type

Commercial Retail

Parking

Outside/Surface

Property Tax

~$6,951/yr

Heating

Water Radiators

Buying Essentials

Square Feet

21000 sqft

Parking

Outside/Surface

Finances

List Price

$1,099,500

Price per SQFT

$52.36/sqft

Property Tax

~$6,951/yr

Property Specs

Property Type

Commercial Retail

MLS Size

21000 sqft

Living & Amenities

Heating Type

Water Radiators

Policies & Utilities

Neighbourhood

Cobalt

Listed On

Nov 18, 2025

Price & Listing History

Days on Market

Current: 354 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 41 Prospect Avenue Cobalt.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$4,422/mo
Property Tax$579/mo
Total Monthly$5,002

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0