42 Prospect Avenue, Cobalt, ON
Property no longer active
This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cobalt. Expertly crafted featuring premium vinyl siding and wood construction, this residence presents an exceptional opportunity offered at $85,500 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.
- 1 Bedroom and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 27 x 66 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Built-In Oven
- Efficient forced air heating via gas
Description
This could be your new home! This spacious one-bedroom house features a separate den with a double-sided gas fireplace, perfect for watching TV or entertaining. The kitchen comes equipped with a built-in oven, Jenn-Air stovetop, washer, dryer nearby, and a double-door fridge. The master bedroom offers a peaceful retreat with its ensuite bathroom, soak in your jet tub while watching the fireplace flames, the ensuite includes a sink, a toilet and a large closet making it easy to get ready in the morning. A second bathroom is conveniently located off the dining room and consists of a shower, toilet, and sink. This home maximizes its lot space, and parking is conveniently located on a quiet street. Enjoy the bright sunroom, an ideal spot for reading or people watching. Make this home yours by adding your touch. Close to downtown, theatre, restaurant, and bars. Hydro cost 957.12/yr, Gas 1,450.20/yr.
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Property Summary
This detached home located at 42 Prospect Avenue, Cobalt is currently for sale and has been available on SousaSells for 351 days. This property is listed at $85,500 with an estimated mortgage of $285* per month. It has 1 bed, 2 bathrooms, and is 700-1100 square feet. 42 Prospect Avenue, Cobalt is in the Cobalt neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 42 Prospect Avenue, Cobalt, ON P0J 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cobalt, ON
For a property listed at $85,500 in Cobalt, the legal minimum down payment is $4,275 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 $580 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 $580.
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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.