14 Third Street, Cobalt, ON

$249,000
MLS#:T12120482
3 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cobalt. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $249,000 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 94 x 72 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free
  • Efficient forced air heating via gas

Description

Open to offers! Discover this charming 3-bedroom raised bungalow, a true "Cozy Corner Gem" located on a desirable corner lot in a peaceful Cobalt neighborhood. From your windows, enjoy picturesque views of our quaint town inside, to a beautifully updated kitchen, perfect for preparing your favorite meals. The main floor features easy-to-maintain, carpet-free living. This home also includes the convenience of an attached garage and a paved driveway. The unfinished basement, with its high ceilings and a man door providing street-level access, offers incredible potential to customize your ideal rec room, home office, or workshop. Stay comfortable year-round with efficient gas heat. Don't miss this opportunity to own a wonderful home! Heat 754.84 yr, Hydro 1171.41 yr. MPAC 301step

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Property Summary

This detached home located at 14 Third Street, Cobalt is currently for sale and has been available on SousaSells for 437 days. This property is listed at $249,000 with an estimated mortgage of $829* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 14 Third Street, Cobalt is in the Cobalt neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 18, 2025
Sold price information is available to members only
Listed Date5/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementUnfinished
Lot Size94 × 72 Feet
CountyTimiskaming
Annual Tax$3,941.76
Legal DescriptionPCL 20334 SEC SST; LOT 43 PL M301TIM COLEMAN SRO; COBALT ; DISTRICT OF TIMISKAMING

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

School Bus Route, Public Transit, Clear View

Interior Features

Carpet Free

Security Features

Community Features

Location

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14 Third Street, Cobalt, 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 14 Third Street, Cobalt, ON P0J 1C0

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobalt.

Configure Loan Settings

Interest Rate4.00%
Down Payment$74,700 (30.0%)
* Minimum Canadian down payment required for this price is $12,450.
Amortization Period30 Years
Estimated Monthly Payment$829Based on a loan of $174,300 over 30 years.
Purchase Price$249,000
Loan Amount$174,300
Provincial Land Transfer Tax:$2,215
Total Estimated Closing Taxes:$2,215

About Purchasing a Home in Cobalt, ON

For a property listed at $249,000 in Cobalt, the legal minimum down payment is $12,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,215 for this transaction. As this listing is in Cobalt (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,215.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cobalt, Cobalt.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$162,944

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

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Secondary Schools

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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.