494 Elgin Street, Cobourg, ON

$399,000
MLS#:X11915054
4 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] condo townhouse located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $399,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

Welcome to one of Cobourg's best values - a stylish and meticulously updated 3+1-bedroom townhouse offering comfort, convenience, and modern living at its finest. Perfect for families, first-time buyers, investors, or downsizers, this home is ready to impress. Step inside to discover a modern kitchen blending functionality and style, featuring sleek upgrades, stainless steel appliances, and a spacious pantry. The kitchen flows seamlessly into the sunlit living room, creating the perfect space for both relaxation and entertaining. Upstairs, three generously sized bedrooms and a refreshed 4-piece bath provide a cozy retreat for restful nights. The lower level expands your living space with a warm and inviting rec room, a versatile fourth bedroom with a washer and dryer conveniently tucked into the closet, and a 2-piece bath. A walkout leads to your private patio and a partially fenced backyard perfect for hosting barbecues, unwinding, or giving your pets a safe place to roam. This move-in-ready home is ideally located close to shopping, dining, schools, and recreation. For nature lovers, hikers, and pet owners, the Cobourg Conservation Area is just steps away, offering a scenic creek, walking trails, and open spaces to enjoy. With easy access to the 401 and Cobourg Beach and downtown just minutes away, this property provides the perfect blend of convenience and lifestyle. Don't miss this opportunity to fall in love with a home that has everything you need and more.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 4, 2025
Sold price information is available to members only
Listed Date1/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
ConstructionVinyl Siding, Brick
CountyNorthumberland
Annual Tax$2,399

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Beach, Golf, Hospital, Ravine, Rec./Commun.Centre, School

Community Features

Location

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494 Elgin Street, Cobourg, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Cobourg, Cobourg.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$677,429

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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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 494 Elgin Street W 25, Cobourg, ON K9A 4T6

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$319,200
Monthly Mortgage$1,855
Property Tax (Est.)$200
Utilities & Maint.$350
Total Monthly Cost$2,405

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.

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.