162 University Avenue, Cobourg, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $550,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 40 x 162 ft lot
- Features a partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor, Water Heater
- Efficient forced air heating via gas
Description
Welcome to this charming 2+1 bedroom Bungalow ideally located in the heart of Cobourg, just steps from the vibrant downtown core and the beautiful Cobourg Beach. This thoughtfully updated home features a fully renovated main floor, showcasing a beautifully redesigned kitchen with modern cabinetry, upgraded appliances, a convenient breakfast bar, stylish finishes and updated flooring throughout. A refreshed 4 piece bathroom completes the bright move in ready main level. The partially finished basement offers excellent additional living space, including a spacious rec/family room, an extra bedroom and a utility room with ample storage. With a separate entrance, this lower level provides outstanding potential for an in-law suite or income generating rental opportunity. Major improvements include new plumbing and electrical throughout (2026), replaced furnace (2026) and new roof (2022) offering peace of mind for years to come. Enjoy sitting out on the back deck overlooking the gardens and expansive backyard-perfect for entertaining, relaxing or creating your own outdoor retreat. Conveniently located close to Highway 401, this home offers easy commuting while being just minutes from shops, restaurants, and everyday amenities. Experience the best of Cobourg living with a short walk to the beach and the charm of downtown right at your doorstep
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Hospital, Level, Park, Public Transit, School
Interior Features
In-Law Capability, Primary Bedroom - Main Floor, Water Heater
Security Features
Smoke Detector
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 162 University Avenue E, Cobourg, ON K9A 1E1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobourg.
Configure Loan Settings
About Purchasing a Home in Cobourg, ON
For a property listed at $550,000 in Cobourg, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.
Nearby Listings
No current listings found in Cobourg.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Cobourg, Cobourg.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.