543 Sandmere Crescent, Cobourg, ON

$650,000
MLS#:X8424926
3 beds
2 baths
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $650,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 50 x 100 ft lot size
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Storage, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Sandmere Crescent located in a well established and family friendly neighbourhood of Cobourg. This raised brick bungalow with attached single car garage has been well-maintained. Relax on the covered porch, where you can enjoy your morning coffee, or simply unwind after a long day. Step inside and be pleasantly surprised by the spacious interior with practical layout. The main level consists of a kitchen with eat in breakfast nook ideal for quick meals, a hall pantry for your kitchen extras, open concept combined living and dining room area perfect for spending time with family or entertaining, three bedrooms, and a four-piece bath. The lower level has a walk up and separate entrance creating possibilities for a secondary living quarters perfect for extended family or other options. A large combined utility and laundry room provides great additional storage. The additional storage room with cabinets would make a great workshop, crafting area, or other possibilities. The fully fenced backyard features various gardens, and a concrete patio ideal for summer evenings, and provides a safe space for children to play and pets to be. Located within walking distance of schools and Lake Ontario. There are also a variety of amenities, including shops, restaurants, parks within close proximity, and easy access to the 401 making commuting convenient. This home is perfect for first-time home buyers, families, or those looking to retire in a smaller community. Experience the warmth and charm of this Cobourg home for yourself.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 19, 2024
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementPartially Finished
Lot Size50 × 100 Feet
CountyNorthumberland
Annual Tax$4,253.73
Legal DescriptionLT 40 PL 348 COBOURG; COBOURG

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Rec./Commun.Centre, School

Interior Features

Storage, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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543 Sandmere Crescent, Cobourg, ON
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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 543 Sandmere Crescent, Cobourg, ON K9A 4R7

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobourg.

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Interest Rate5.25%
Down Payment$40,000 (6.2%)
* Minimum Canadian down payment required for this price is $40,000.
Amortization Period25 Years
Estimated Monthly Payment$3,635Based on a loan of $610,000 over 25 years.
Purchase Price$650,000
Loan Amount$610,000
Provincial Land Transfer Tax:$9,475
Total Estimated Closing Taxes:$9,475

About Purchasing a Home in Cobourg, ON

For a property listed at $650,000 in Cobourg, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.

Nearby Listings

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No current listings found in Cobourg.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cobourg, Cobourg.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$726,096

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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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.