1048 Riddell Avenue, Cobourg, ON
Property no longer active
This property was sold on August 20, 2024. 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 $749,900 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 41.74 x 111.56 ft lot size
- Features a separate entrance, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Located in a prime location opposite Terry Fox School with convenient access to Highway 401, this charming home offers a blend of comfort and practicality. The kitchen is a standout feature, boasting a bright, open layout with direct access to a private deck, perfect for enjoying morning coffee . The spacious living and dining room area provides ample room for entertaining or relaxing with family. On the main level, you'll find two generously sized bedrooms and a well-appointed 4-piece bathroom, ensuring convenience and comfort for all occupants. Additionally, a bright main level office space offers flexibility for remote work or study. The lower level enhances the home's appeal with a remarkably spacious recreation room that opens onto a large deck and a secluded backyard, ideal for hosting gatherings or simply unwinding outdoors. Completing the lower level is an additional bedroom and a convenient 3-piece bathroom, providing privacy and accommodation for guests or family members. With its thoughtful design, desirable location, and abundance of space both indoors and out, this home presents a unique opportunity to enjoy comfortable living in a sought-after neighborhood.
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Property Summary
This detached home located at 1048 Riddell Avenue, Cobourg is currently for sale and has been available on SousaSells for 722 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 1048 Riddell Avenue, Cobourg is in the Cobourg neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1048 Riddell Avenue, Cobourg, ON K9A 5M8
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 Cobourg, ON
For a property listed at $749,900 in Cobourg, the legal minimum down payment is $49,990 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 $11,473 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 $11,473.
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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.