148 University Avenue, Cobourg, ON

$799,000
MLS#:X8435848
5 beds
3 baths
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $799,000 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Premium 40 x 162 ft lot size
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Accessory Apartment, ERV/HRV, Water Heater Owned
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Absolutely stunning Legal Duplex, updated and refinished from top to bottom, including an addition and perfectly positioned to enjoy everything Cobourg. Offering two self contained units that can be used as two separate income properties, merged to have two fully finished levels or a combination of your choice. The completely remodeled main level presents 3 large bedrooms, 2 full bathrooms (one a lovely 3-piece ensuite to the primary), big, bright and open living space, and is featured by the breathtaking custom kitchen space with quartz counters, gas stove, Apron sink, built-in wine racks, breakfast nook with built-in bench seating and patio walk out to deck overlooking the wonderful back yard space. The lower level that is not to be forgotten boasts 2 big bedrooms, cozy living space, 4-piece bath and features its own wonderful open concept kitchen space equipped with quartz counters, stainless-steel appliances, separate walk out entrance to private patio and walk-up to the private backyard. Catering to Ownership on all levels from investors looking to add to their portfolio, multi-generational families, downsizers, retirees, first time home buyers with an option for investment income and everything in between. Short Walking distance to famous Cobourg Beach, world class restaurants, downtown, parks, shops, grocery stores, VIA Rail and many other amazing amenities "Ontario's Feel Good Town" town has to offer.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 20, 2024
Sold price information is available to members only
Listed Date6/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Brick
Lot Size40 × 162 Feet
CountyNorthumberland
Annual Tax$4,866.26
Legal DescriptionPT GLEBE LT N/S UNIVERSITY AV & S OF RAILWAY PL CADDY (FORMERLY LT 15 CON A HAMILTON) COBOURG AS IN CG15868; S/T CG15868; S/T INTEREST IN CG15868; S/T CB128100 TOWN OF COBOURG

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Rec./Commun.Centre, School, Beach, Park, Lake/Pond, Public Transit

Community Features

Location

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148 University Avenue, 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 148 University Avenue E, Cobourg, ON K9A 1E1

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$639,200
Monthly Mortgage$3,714
Property Tax (Est.)$406
Utilities & Maint.$350
Total Monthly Cost$4,470

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.

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$717,899

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.