1271 Ontario Street, Cobourg, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $724,900 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 66 x 160 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This well maintained family home is perfectly situated on a generously sized lot in a desirable location, just a short drive to The Mill Golf Course, the YMCA , and the beautiful Cobourg Waterfront. Offering 5 bedrooms and an abundance of living space, this home is ideal for growing families and those who love to entertain. The formal living and dining rooms provide elegant spaces for hosting family gatherings and special occasions, while the bright and cheerful eat in kitchen is perfect for everyday living. The inviting family room features a cozy gas fireplace and walkout to the private backyard and covered patio, creating the perfect setting for relaxing evenings and quality family time. Upstairs, you'll find 4 generously sized bedrooms, including a spacious primary retreat complete with a 3-piece ensuite. The finished basement adds even more functional living space with an additional bedroom, a comfortable rec room ideal for unwinding, a laundry room, and a large workshop for hobbies or storage. Spend your summer evenings enjoying beautiful sunsets from the deck and patio in the peaceful backyard oasis.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1271 Ontario Street, Cobourg, ON K9A 3E1
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About Purchasing a Home in Cobourg, ON
For a property listed at $724,900 in Cobourg, the legal minimum down payment is $47,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,973 for this transaction. As this listing is in Cobourg (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,973.
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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.
