1002 Ontario Street, Cobourg, ON

$599,750
MLS#:X11926641
3 beds
1 baths
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 23, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $599,750 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
  • Premium 50 x 166 ft lot size
  • Features a unfinished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Guest Accommodations
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rare & Truly Unique 220 year old English Cottage, (that is 60 yrs before Canada was a country), is the original home of Cobourg's first Mayor & of the first Postmaster General comes with the framed original hand written land grant with captivating views over the ravine and the golf course. With updates galore the enchanting bright interior boasts 200 amp service, multiple skylights & large picture windows that bring in the natural light, a chef's kitchen with gas range, an elegant fireplace (converted to gas), with the original bread ovens, a tiny stained glass door to a secret library, three good sized bedrooms, a spacious bathroom, & a main floor laundry & excellent potential for the second floor bathroom rough-in. The beautiful perennial beds, a majestic array of Norwegian spruce, hydrangea trees, Korean lilac, & weeping Mulberry trees perfectly frame this garden oasis complete with a good sized bunkie for guest overflow, a lower garden with a Jacuzzi Hot Tub & multiple decks for dining al fresco. One of the oldest inhabited homes in Ontario and is minutes away from the famed Victoria Beach & all the amenities the charming Town of Cobourg has to offer. The Purchase of this unique Historical Abode steeped in Canadian Vogue puts your lifestyle dreams completely within your means. **EXTRAS** Gas Fireplace, Chef's Kitchen With Stone Counters, Stainless Steel Appliances, Wall Ovens, Gas range, Garden doors, Jacuzzi Hot Tub, Fire Pit, Skylights, lots of parking, proximity to shopping /dining, YMCA, & good access to the 401 & VIA.

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Property Summary

This detached home located at 1002 Ontario Street, Cobourg is currently for sale and has been available on SousaSells for 547 days. This property is listed at $599,750 with an estimated mortgage of $1,996* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 1002 Ontario Street, Cobourg is in the Cobourg neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 23, 2025
Sold price information is available to members only
Listed Date1/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionStucco (Plaster)
BasementUnfinished, Separate Entrance
Lot Size50 × 166 Feet
CountyNorthumberland
Annual Tax$3,233
Legal DescriptionPt Blk C Pl Caddy (Formerly Lt 18 Con 1 Hamilton)

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital, Library, Park, Place Of Worship, Beach

Interior Features

Guest Accommodations

Security Features

Community Features

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Location

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1002 Ontario Street, Cobourg, 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 1002 Ontario Street, Cobourg, ON K9A 3C7

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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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$179,925 (30.0%)
* Minimum Canadian down payment required for this price is $34,975.
Amortization Period30 Years
Estimated Monthly Payment$1,996Based on a loan of $419,825 over 30 years.
Purchase Price$599,750
Loan Amount$419,825
Provincial Land Transfer Tax:$8,470
Total Estimated Closing Taxes:$8,470

About Purchasing a Home in Cobourg, ON

For a property listed at $599,750 in Cobourg, the legal minimum down payment is $34,975 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 $8,470 for this transaction. As this listing is in Cobourg (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,470.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$776,908

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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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.