1055 Birchwood Trail, Unit 15, Cobourg, ON

$414,900
MLS#:X9350038
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on November 23, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow common element condo located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $414,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor
  • Efficient baseboard heating via electric

Description

Welcome to your new home! Ideally located in a well-established neighborhood with convenient access to shopping and the 401, this bright and open 2-bedroom condo is ready for you to move in and enjoy. Step into a spacious living area filled with natural light from large windows, creating a warm and inviting atmosphere. The eat-in kitchen is a highlight, featuring a vaulted ceiling and ample space for cooking and dining. Both bedrooms are cheerful and bathed in light, providing cozy retreats for relaxation. One of the standout features of this condo is the in-suite laundry, adding an extra layer of convenience to your daily life. You'll also appreciate the private patio, perfect for savoring summer days and nights in a tranquil setting. This condo has been lovingly maintained and boasts a brand-new fridge and stove, ensuring a fresh start in your new home. Don't miss out on the opportunity to make this lovely condo yours!

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Property Summary

This condo apartment located at 1055 Birchwood Trail, Cobourg is currently for sale and has been available on SousaSells for 671 days. This property is listed at $414,900 with an estimated mortgage of $1,381* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 1055 Birchwood Trail, Cobourg is in the Cobourg neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 23, 2024
Sold price information is available to members only
Listed Date9/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
CountyNorthumberland
Annual Tax$2,773.43

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Hospital, Place Of Worship, Public Transit

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Virtual Tours

Location

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1055 Birchwood Trail, Unit 15, 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 1055 Birchwood Trail 503, Cobourg, ON K9A 5Y1

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$124,470 (30.0%)
* Minimum Canadian down payment required for this price is $20,745.
Amortization Period30 Years
Estimated Monthly Payment$1,381Based on a loan of $290,430 over 30 years.
Purchase Price$414,900
Loan Amount$290,430
Provincial Land Transfer Tax:$4,773
Total Estimated Closing Taxes:$4,773

About Purchasing a Home in Cobourg, ON

For a property listed at $414,900 in Cobourg, the legal minimum down payment is $20,745 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 $4,773 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 $4,773.

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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.