120 University Avenue, Unit 3, Cobourg, ON

$779,000
MLS#:X12374630
2 beds
3 baths
1600-1799 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on November 8, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungaloft condo townhouse located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $779,000 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 1600-1799 sqft
  • Features a partially 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, Separate Hydro Meter
  • equipped with central air central cooling and highly efficient heat pump heating via other

Description

***NEWLY ADJUSTED PRICE***Located in the highly desirable, centrally located Ryerson Commons, this showpiece of a home has been masterfully renovated over the years with the utmost attention to detail. In the living, dining and kitchen area, the open-concept plan and vaulted ceilings create a sense of spaciousness that is perfect for both everyday living and entertaining. The living room, anchored by a custom fireplace surround, leads to a private, east facing patio, offering the perfect amount of space for relaxing and hobbies. Choose from two primary bedroom options, one on the main floor with adjacent ensuite and walk-in closet, or upstairs find a secondary bedroom with designer ensuite and walk-in closet off the loft-style family living room. All 3 bathrooms offer a spa-like experience at home, highlighted by the statement lighting, stand alone tub and the thoughtful and neutral selections. The finished basement is a rare find, featuring a full laundry room with plenty of storage and dedicated drying and folding spaces, 2 additional rooms for hobbies, guests or an office and a large utility room and workshop. 403-120 University pairs timeless design with practical comfort for the ultimate experience in laid back, luxury living. Other features of note: bonus room on main floor for office, library or guest accommodation, main floor laundry hookups in the space currently being utilized as a pantry, snow removal included in condo fees, good visitor parking, new furnace/heat pump ('23), new piping throughout ('25) and close walking distance to the beach, Heritage downtown and local shops, dining and entertainment. Take advantage of the ease of the attached garage and patio, while enjoying the maintenance and worry free living a condo provides. 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 $779,000 with an estimated mortgage of $2,593* per month. It has 2 beds, 3 bathrooms, and is 1600-1799 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

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 8, 2025
Sold price information is available to members only
Listed Date9/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleBungaloft
ConstructionBrick, Stucco (Plaster)
BasementPartially Finished
CountyNorthumberland
Annual Tax$7,101

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceOther
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Beach, Hospital, Library, Marina, Park, Rec./Commun.Centre

Interior Features

Auto Garage Door Remote, Primary Bedroom - Main Floor, Separate Hydro Meter, Sump Pump, Water Heater Owned, Workbench

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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120 University Avenue, Unit 3, 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 120 University Avenue E 403, Cobourg, ON K9A 0A9

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.

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Interest Rate4.00%
Down Payment$233,700 (30.0%)
* Minimum Canadian down payment required for this price is $52,900.
Amortization Period30 Years
Estimated Monthly Payment$2,593Based on a loan of $545,300 over 30 years.
Purchase Price$779,000
Loan Amount$545,300
Provincial Land Transfer Tax:$12,055
Total Estimated Closing Taxes:$12,055

About Purchasing a Home in Cobourg, ON

For a property listed at $779,000 in Cobourg, the legal minimum down payment is $52,900 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 $12,055 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 $12,055.

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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.