237 Furnace Street, Cobourg, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium board & batten and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 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 2 Bathrooms with 2 functional kitchens
- Premium 38.25 x 165.14 ft lot size
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this charming 1.5 storey home, built in 1921, nestled in beautiful Cobourg! This 2-bedroom, 2-bath home offers a perfect blend of style and practicality. Step into a cozy living room, enjoy meals in the separate dining room, and take advantage of the updated kitchen with quartz centre island and full appliance package. The bright laundry room with French doors leads to a spacious backyard, perfect for outdoor activities. Economical to run, this home is both budget-friendly and comfortable. Close to parks, schools, and local amenities, this property is a must-see!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 237 Furnace Street, Cobourg, ON K9A 2E9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cobourg, ON
For a property listed at $499,000 in Cobourg, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.
