240 University Avenue, Cobourg, ON

$339,000
MLS#:X12204224
2 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] semi-detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $339,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 30.75 x 212.03 ft lot
  • Features a ["partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Storage
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

A rare chance for a sweet home and an affordable lifestyle. 30.75 x 212.03 lot. Private Fenced Back Yard would make a nice little outdoor oasis patio area, tucked away from it all. Plenty of Parking. Quaint, central Cobourg, Semi-Detached 2 Bedroom 1 Bath Bungalow tucked away well back from the road with privacy trees surrounding, yet close walking distance to all amenities. Originally built in 1856 and nicely updated over time. A 231 Sq Ft professionally-renovated back addition was built in 2014. Newer Roof/Shingles installed 2023 (See MPAC closed building permits under attachments) Updated: Windows, Doors, Flooring, Kitchen Cabinets, Roof, Siding, Soffits, Fascia. Zoned R3. Home sits well back from street & sidewalk. Located in a Central Cobourg residential neighbourhood, just a short walk to Downtown, Farmer's Market, Beach, Marina, Big Box Stores, Mall, Schools. Close to the VIA Station, 401, Hospital. 100 km to Toronto. This is your opportunity to own property! Yours to live in with low upkeep or as a turnkey income property with great Month-To-Month Tenants in place! Tenants pay $1800/month plus their own heat/utilities/snow removal. The new Buyer may choose to keep the Tenants or provide 60 days notice if they intend to occupy for their own use. Enjoy an easy-sized living space as alternative to renting. Note: Driveway is owned all the way to sidewalk in front. The centre line "pin" between this property and the adjacent semi-detached is visible at the sidewalk as you enter off University Avenue showing the dividing line. You can reinstall the existing fence panels that are onsite. Do not miss the opportunity!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 24, 2025
Sold price information is available to members only
Listed Date6/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
ConstructionVinyl Siding
Lot Size30.75 × 212.03 Feet
CountyNorthumberland
Annual Tax$3,029
Legal DescriptionPLAN CADDY BLK S PT LOTS 6 AND 7 PT UNNAMED ST RP 39R1858 PART 1

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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240 University Avenue, Cobourg, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Cobourg, Cobourg.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$677,465

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Burnham
Public614 Burnham Street, Cobourg, Ontario, K9A 2X1
5.2
Notre Dame
Public760 Burnham Street, Cobourg, Ontario, K9A 2X6
4.6
St. Joseph
Catholic919 D'Arcy Street, Cobourg, Ontario, K9A 4B4
3.6
C R Gummow
Public311 Cottesmore Avenue, Cobourg, Ontario, K9A 4E3
5.9
Terry Fox
Public1065 Riddell Avenue, Cobourg, Ontario, K9A 5N4
7.3

Secondary Schools

St. Mary
Catholic1050 Birchwood Trail, Cobourg, Ontario, K9A 5S9
7.1
Cobourg
Public335 King Street East, Cobourg, Ontario, K9A 1M2
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 240 University Avenue W, Cobourg, ON K9A 2E9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$271,200
Monthly Mortgage$1,576
Property Tax (Est.)$252
Utilities & Maint.$350
Total Monthly Cost$2,178

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cobourg.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.