1014 Ontario Street, Cobourg, ON

$950,000
MLS#:X11975473
4 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 21, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $950,000 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 90 x 160 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Built-In Oven, Carpet Free, Guest Accommodations
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Reward yourself with this Beautifully renovated, Custom Brick Raised Bungalow w/ Walkout lower level situated on a private 90 ft x 160 lot in a superb location. A Dream home for families or entertainers. Entering the home feel the warmth from a stone FP in the open-concept MN FL & take in the views from a wall of windows w/ glass door to the upper deck & gorgeous views that look over a deluxe 1.5 years new Salt Water Pool & liner, Hot Tub, & Outdoor Lounging Patio. The well-landscaped lot backs onto an immaculately groomed Golf Course. This is a bragworthy staycation retreat with a perfect floor plan. Main Floor is 1258 sq ft (approx.) Open-concept layout. Enjoys Modern Baths & Kitchens, Hardwood flooring, Custom Cabinetry & New Windows & Doors surround bringing in lots of light. The designer Kitchen has granite counters, an island to gather round, plenty of stylish cabinetry & pantry area, high-end appliances. The Bonus 1258 sq ft (approx.) fully Self-contained Guest Unit in the LL has Lookout Windows & 2 Glass door walkouts to a covered patio. A bright LL Living space! Many Upgrades: Steel Roof, 2 Car Detached Garage & 2 EV charging stations. This home is well set back from the sidewalk. Hardscape includes Kingston Stones, an interlock stone walkway, and a Pergola walking you to the front door provides substantial curb appeal. Located 1km to the Beach, Marina & the boutique downtown shopping & dining district. VIA Station & 401 is close for commuters. 100km to Toronto. If your dream is a beautiful yet comfortable home to relax in or a staycation-style retreat, this will answer all your needs. Perfect for so many lifestyles. Suits professionals, Multi-Generational Family living, space for Guests or Income from Air BnB. Perfect for Work from Home, Weekend Staycation Escape. Do not hesitate to consider this beautiful property. 3rd Bath Roughed In in LL

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Property Summary

This detached home located at 1014 Ontario Street, Cobourg is currently for sale and has been available on SousaSells for 514 days. This property is listed at $950,000 with an estimated mortgage of $3,162* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 1014 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
4
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 14, 2025
Sold price information is available to members only
Listed Date2/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFinished with Walk-Out
Lot Size90 × 160 Feet
CountyNorthumberland
Annual Tax$4,237
Legal DescriptionPT BLK C PL CADDY (FORMERLY LT 18 CON 1 HAMILTON) COBOURG AS IN CB164372 TOWN OF COBOURG

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Electric Car Charger, Golf, Public Transit, Wooded/Treed, Rec./Commun.Centre

Interior Features

Built-In Oven, Carpet Free, Guest Accommodations, In-Law Suite, Primary Bedroom - Main Floor, Water Heater Owned

Security Features

Community Features

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Location

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1014 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 1014 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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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$285,000 (30.0%)
* Minimum Canadian down payment required for this price is $70,000.
Amortization Period30 Years
Estimated Monthly Payment$3,162Based on a loan of $665,000 over 30 years.
Purchase Price$950,000
Loan Amount$665,000
Provincial Land Transfer Tax:$15,475
Total Estimated Closing Taxes:$15,475

About Purchasing a Home in Cobourg, ON

For a property listed at $950,000 in Cobourg, the legal minimum down payment is $70,000 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 $15,475 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 $15,475.

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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.