61 Silver Street, Cobalt, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cobalt. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $119,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 64 x 32 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Storage
- Efficient forced air heating via gas
Description
Welcome to your cozy and well-maintained one-bedroom home! This charming property features durable vinyl siding, a sturdy shingle roof, and a newer door, all approximately two years old. Inside, you'll find essential appliances including a fridge, stove, washer, and dryer, plus a built-in dishwasher for added convenience. The eat-in kitchen has been recently upgraded, perfect for your culinary adventures. The low basement offers ample storage space. Situated on a corner lot, the home boasts a fenced yard and a handy one-car garage. Its location is ideal, being close to downtown and the Golden Age Club.
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Property Summary
This detached home located at 61 Silver Street, Cobalt is currently for sale and has been available on SousaSells for 406 days. This property is listed at $119,000 with an estimated mortgage of $396* per month. It has 1 bed, 1 bathroom, and is 700-1100 square feet. 61 Silver Street, Cobalt is in the Cobalt neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
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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 61 Silver Street, 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 $119,000 in Cobalt, the legal minimum down payment is $5,950 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 $915 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 $915.
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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.