54 Cobalt Street, Cobalt, ON

$268,900
MLS#:T12126874
9 beds
5 baths
2500-3000 sqft
4.0 parking
Residential Freehold
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Property no longer active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 2-Storey fourplex located in the coveted neighborhood of Cobalt. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $268,900 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.

  • 9 Bedrooms and 5 Bathrooms with 5 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 65 x 132 ft lot
  • Features a exposed rock, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Storage
  • Efficient forced air heating via gas

Description

This building boasts 4 two-bedroom units and an owner's office area. Includes 3 new gas furnaces, new electrical breakers, new flooring throughout, and new eaves. The landlord pays all utilities. Conveniently located with a transit bus stop nearby, close to a corner store, and the Classic Theatre. A solid investment opportunity!

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Property Summary

This fourplex located at 54 Cobalt Street, Cobalt is currently for sale and has been available on SousaSells for 439 days. This property is listed at $268,900 with an estimated mortgage of $895* per month. It has 9 beds, 5 bathrooms, and is 2500-3000 square feet. 54 Cobalt 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
9
Bathrooms
5
Kitchens
5
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 25, 2025
Sold price information is available to members only
Listed Date5/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
Architectural Style2-Storey
ConstructionVinyl Siding
BasementExposed Rock, Unfinished
Lot Size65 × 132 Feet
CountyTimiskaming
Annual Tax$7,500
Legal DescriptionPCL 4405 SEC SST; LT 421 PL M47NB COLEMAN SRO S/T NLT7248; COBALT ; DISTRICT OF TIMISKAMING

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Public Transit, School Bus Route, Library, Place Of Worship, School

Interior Features

Storage

Security Features

Community Features

Location

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54 Cobalt 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 54 Cobalt 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.

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Interest Rate4.00%
Down Payment$80,670 (30.0%)
* Minimum Canadian down payment required for this price is $13,445.
Amortization Period30 Years
Estimated Monthly Payment$895Based on a loan of $188,230 over 30 years.
Purchase Price$268,900
Loan Amount$188,230
Provincial Land Transfer Tax:$2,509
Total Estimated Closing Taxes:$2,509

About Purchasing a Home in Cobalt, ON

For a property listed at $268,900 in Cobalt, the legal minimum down payment is $13,445 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 $2,509 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 $2,509.

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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.