494 Elgin Street, Cobourg, ON

$380,000
MLS#:X13021822
3 beds
2 baths
900-999 sqft
2.0 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 brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $380,000 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
  • Generous living space spanning 900-999 sqft
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Carpet Free, Storage Area Lockers
  • equipped with ["other"] central cooling and highly efficient heat pump heating via electric

2 EXCLUSIVE PARKING SPOTS! MOTIVATED SELLER! ONLY ONE UTILITY BILL! Move-in ready 3-bedroom, 1.5 - bath condo townhome offering stylish updates and functional living space throughout. The modern white kitchen was updated in 2021 and features vinyl tile flooring, quartz countertops, a tiled backsplash, and stainless steel appliances. The bright living and dining area showcases light laminate flooring, a wood feature panel, and a sliding glass door that opens to the yard, perfect for everyday living and entertaining. Upstairs, you'll find three well-sized bedrooms, including a spacious primary bedroom with a large walk-in closet. The main bathroom was fully renovated in 2022. The finished basement adds valuable extra living space with vinyl flooring, a 2-piece bathroom, a dedicated laundry room with laundry sink, and a separate storage room, an uncommon and highly desirable feature in condo townhomes. Beautifully updated and truly move-in ready, this condo is an excellent opportunity for first-time home buyers. (Hydro approx $120/month during the Summer, $270/month during the Winter)

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date4/20/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
ConstructionBrick, Vinyl Siding
CountyNorthumberland
Annual Tax$2,259.52

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
Cooling["Other"]

Features

Property Features

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$677,365

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 18, 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.

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Financial Audit

Estimated Costs

Loan Amount$304,000
Monthly Mortgage$1,766
Property Tax (Est.)$188
Utilities & Maint.$350
Total Monthly Cost$2,304

Nearby School Rankings

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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.