This property was sold on February 18, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $324,900 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.
(Conditionally Sold) The Palisade Gardens - Cobourg's Premier Retirement Community ... #321 is an open, spacious and bright unit. One bedroom, walk-in closet, ensuite full bathroom with a walk-in shower with a bench. Large open office area (desk with shelves included). The second bathroom includes the laundry with a vented dryer. Wide doorways throughout for easy walker/wheelchair access. Walk out to south facing balcony off the dining area. Plenty of cabinets and space, and there is also a large pantry that accommodates the newer/owned hot water heater. Some of the full range of ideal amenities offered at the Palisade Gardens includes: elevator, party room, library, media room, dining room, beauty salon, billiard room, gathering areas and much more. There is also a storage locker included that's located in the lower level of by the theatre room. ***BONUS This unit also includes ownership of a covered parking spot #24***. Attention Buyers and Agents...In addition to the purchase price and the condo fee, the buyer must purchase, at least, a minimum monthly "basic personal service package" (around $1200.00/month for one occupant and around an additional $850.00 for second occupant.) This includes 10 meals/month of your choice, all continental breakfasts, monthly housekeeping, monthly laundry of linens and towels, emergency response, wellness package -on going health monitoring, use of all common areas, shuttle bus on Tuesdays and Thursdays, access to entertainment and activities and more! **EXTRAS** Buyers meet with Palisade Gardens management to further discuss service package suitability.
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This condo apartment located at 240 Chapel Street, Cobourg is currently for sale and has been available on SousaSells for 730 days. This property is listed at $324,900 with an estimated mortgage of $1,081* per month. It has 1 bed, 2 bathrooms, and is 900-999 square feet. 240 Chapel Street, Cobourg is in the Cobourg neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Storage Area Lockers, Water Heater Owned, Wheelchair Access
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 240 Chapel Street 321, Cobourg, ON K9A 0E3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobourg.
About Purchasing a Home in Cobourg, ON
For a property listed at $324,900 in Cobourg, the legal minimum down payment is $16,245 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 $3,349 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 $3,349.
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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.