Skip to main content
41 Prospect Avenue

41 Prospect Avenue

Cobalt, ON

  • 21,000 sqft
  • Commercial Retail
  • 294 days on market
$1,099,500

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"

Listing Details

Taxes (2025)
$6,951
Listed
November 18, 2025

Price History

Listing history

Sign in to view

Property

Lot Size
135 x 264 Feet

Parking

Garage
Outside/Surface

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Prospect/Cobalt
Zoning
G1 - General Institution
Parcel Number
613860138
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Other

Community

Postal area P0J

Population
20,179
Private dwellings
9,704
Median age
47.6
Average household size
2.3
Median household income
$72,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Cobalt · last 12 months

Median sold price
$79,500
Homes sold
31
Median days on market
40
Sale-to-list price
89.7%

Based on 31 recorded sales of commercial properties in Cobalt over the last 12 months.

Listed by

HOMELIFE/MIRACLE REALTY LTD

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
21,000 sq ft
Price per sq ft
$52.36
Annual property tax
$6,951
Tax per sq ft
$0.33

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences