987 OTTO Drive, Cobourg, ON

$1,589,000
MLS#:X8467930
6 beds
3 baths
6.0 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This listing is no longer active (Sold)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 detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,589,000 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.

  • 6 Bedrooms and 3 Bathrooms
  • Premium 60 x 156 ft lot size
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 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

Built by LeBlanc enterprises, a well-known local builder and developer, this spacious executive 5 bedroom, 3 baths, bungalow exemplifies luxury and comfort combined with practicality. The attention to detail is evident in every corner, from the high-end finishes to the thoughtful layout that maximizes space and light. The recently renovated kitchen is a delight and features: quartz countertops, new cabinetry, recessed lightning and contemporary light fixtures. The formal dining room offers an elegant setting for hosting dinner parties or family gatherings while the expansive living room provides ample room for relaxation and everyday living. The sun-filled primary bedroom with a 5 piece ensuite was also recently renovated with new flooring, glass showers and a soaker tub. The finished lower level with a wet bar is perfect for entertaining and a great space for guests to feel at home. The walk out allows you to step out to a beautifully landscaped garden that backs onto the neighbour's pond. Make time to view this stunning residence and experience the perfect blend of sophistication and convenience. Your dream home awaits!

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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 3, 2024
Sold price information is available to members only
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone
BasementFinished with Walk-Out, Full
Lot Size60 × 156 Feet
CountyNorthumberland
Annual Tax$8,371.33
Legal DescriptionPIN: 51244-0740 (LT)

Parking & Garage

Parking Spaces6.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School

Interior Features

None

Security Features

Community Features

Location

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987 OTTO Drive, 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 987 OTTO Drive, Cobourg, ON K9A 5Y3

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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Financial Audit

Estimated Costs

Loan Amount$1,271,200
Monthly Mortgage$7,386
Property Tax (Est.)$698
Utilities & Maint.$350
Total Monthly Cost$8,434

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.

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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$726,061

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.