348 University Avenue, Cobourg, ON

$479,500
MLS#:X10406541
4 beds
2 baths
1500-2000 sqft
12.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $479,500 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 74 x 373 ft lot
  • Features a ["partial basement", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, Separate Heating Controls, Separate Hydro Meter
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Whether your an established investor, or just trying to get into the Cobourg market, THIS could be just the opportunity you have been waiting for!! Offering a unique blend of historic charm and a blank canvas for your next project, this multifaceted property is located at the end of a quiet dead end street in a well established neighborhood, perfect for families or anyone seeking a welcoming community atmosphere. With a classic exterior, the front portion of the home is a 3 bedroom 1.5 story that exudes character and awaits your personal touches, while the rear unit offers one level living and has already been partially gutted, making your vision one step closer to becoming reality. The spacious yard spans 380 feet deep, borders on "Old Factory Creek" and also features a spacious detached 2 car garage/ workshop, perfect for car enthusiasts, storing recreational vehicles or a great space for a variety of different home based businesses!! Situated just minutes from Cobourg's vibrant downtown, shops, parks, schools, and the waterfront, 348 University Avenue West provides the best of small-town living with convenient access to urban amenities. With so many options, for so many different potential buyers, this expansive property will not last long!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 19, 2024
Sold price information is available to members only
Listed Date11/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size74 × 373 Feet
CountyNorthumberland
Annual Tax$3,539
Legal DescriptionPT OLD FACTORY POND PL CADDY (FORMERLY LT 19 CON A HAMILTON) COBOURG AS IN CB57809; COBOURG

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Cul de Sac/Dead End, Golf, Hospital, Library, Waterfront, River/Stream

Community Features

Location

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348 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 348 University Avenue W, Cobourg, ON K9A 2J1

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$383,600
Monthly Mortgage$2,229
Property Tax (Est.)$295
Utilities & Maint.$350
Total Monthly Cost$2,874

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$718,091

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.