1181 Ashland Drive, Cobourg, ON

$789,990
MLS#:X8415568
4 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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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 $789,990 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 48.13 x 121.5 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover your oasis in this exquisite 4-bedroom raised bungalow, nestled in a secluded enclave just moments away from all your essentials. With a serene ambiance and proximity to shopping, schools, and the 401, this home offers the perfect blend of convenience and tranquility. Step inside to find a luminous living room seamlessly flowing into a gourmet kitchen, adorned with ample cabinet space for all your culinary adventures. Adjacent, the dining room beckons with a walkout to your own private backyard sanctuary, ideal for alfresco dining and cherished gatherings. Retreat to the primary bedroom boasting a luxurious 4-piece ensuite, while main floor laundry adds a touch of practical elegance to your daily routine. Downstairs, unwind in the expansive rec room, destined to become the heart of family entertainment. Two additional bright and spacious bedrooms and a four piece bathroom await, offering comfort and versatility for every member of the household. Outside, soak up the sunshine or stargaze in the privacy of your secluded backyard, complete with a covered hot tuba haven for relaxation and rejuvenation. Plus, a generous garage provides ample space for your vehicles and storage needs.

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Property Summary

This detached home located at 1181 Ashland Drive, Cobourg is currently for sale and has been available on SousaSells for 765 days. This property is listed at $789,990 with an estimated mortgage of $2,630* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 1181 Ashland Drive, 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
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 27, 2024
Sold price information is available to members only
Listed Date6/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementPartially Finished
Lot Size48.13 × 121.5 Feet
CountyNorthumberland
Annual Tax$5,138.5
Legal DescriptionPCL 24-1 SEC 39m767 Cint. on schedule B

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School, Fenced Yard

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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1181 Ashland Drive, 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 1181 Ashland Drive, Cobourg, ON K9A 5S4

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$236,997 (30.0%)
* Minimum Canadian down payment required for this price is $53,999.
Amortization Period30 Years
Estimated Monthly Payment$2,630Based on a loan of $552,993 over 30 years.
Purchase Price$789,990
Loan Amount$552,993
Provincial Land Transfer Tax:$12,275
Total Estimated Closing Taxes:$12,275

About Purchasing a Home in Cobourg, ON

For a property listed at $789,990 in Cobourg, the legal minimum down payment is $53,999 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 $12,275 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 $12,275.

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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$777,115

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.