120 University Avenue, Unit 1, Cobourg, ON
Property no longer active
This property was sold on September 24, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow condo townhouse located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $798,000 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.
- 2 Bedrooms and 3 Bathrooms
- Generous living space spanning 1400-1599 sqft
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discreetly tucked away in central Cobourg, this well-appointed end-unit bungalow in Ryerson Commons offers the perfect blend of privacy, convenience and classic style. Enjoy low maintenance, worry-free condo living with the comforts of a freehold home, including an attached garage, interlock stone patio and a lush courtyard setting. Inside, the dramatic entryway and formal dining room feature decorative columns, arched windows and high coffered ceilings, leading into a thoughtful 2-bedroom, 2-bathroom main floor layout. The primary bedroom is oversized, with a walk in closet and an ensuite renovated with accessibility in mind. Highlights include hardwood flooring throughout the main floor, an updated and ensuite (2019), custom blinds, California shutters and main floor laundry. The huge finished lower level with 2 piece bathroom provides plenty of space for guests, hobbies and workshop and storage. Relax on your private patio with a morning coffee or evening glass of wine. The second exclusive parking space just steps from your front door is an added bonus. Ideally located close to Cobourg's historic downtown, famed beach and marina and close to groceries, hospital, 401 and big box stores. A rare opportunity to downsize without compromise!
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Property Summary
This townhouse located at 120 University Avenue, Cobourg is currently for sale and has been available on SousaSells for 319 days. This property is listed at $798,000 with an estimated mortgage of $2,656* per month. It has 2 beds, 3 bathrooms, and is 1400-1599 square feet. 120 University Avenue, Cobourg is in the Cobourg neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Beach, Golf, Hospital, Library, Marina
Interior Features
Auto Garage Door Remote, Primary Bedroom - Main Floor
Security Features
Community Features
Location
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 120 University Avenue E 101, Cobourg, ON K9A 0A9
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 $798,000 in Cobourg, the legal minimum down payment is $54,800 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 $12,435 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 $12,435.
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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.