Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $789,000 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.
Welcome to the wonderful Lakeside community of Cobourg's, East Village. A beautifully planned and quality constructed, highly sought after development. You can have it all, a worry free, full brick low maintenance home in a safe and welcoming community with a built in backyard oasis anchored by a spectacular Salt Water Hot Tub, yet a short walk to all amenities, including Cobourg's "Historic Downtown" and Victoria Park and Beach. With three bedrooms and three baths, there's room for everyone. Multiple upgrades include two "comfort inducing" gas fireplaces, gas range, beautiful stone countertops throughout, as well as custom showers and decking. Its highly recommended that you personally tour this home to experience the benefits you will enjoy and I guarantee, you will be happy you did.
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Marina, Hospital, Golf, Fenced Yard, Beach, Arts Centre
Auto Garage Door Remote, On Demand Water Heater, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 257 Morgan Street, Cobourg, ON K9A 0L5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobourg.
About Purchasing a Home in Cobourg, ON
For a property listed at $789,000 in Cobourg, the legal minimum down payment is $53,900 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 $12,255 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 $12,255.
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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.