245 Elgin Street, Unit 2, Cobourg, ON

$719,000
MLS#:X12007849
4 beds
2 baths
2000-2249 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 10, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey 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 $719,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2000-2249 sqft
  • Features a unfinished, half 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, Built-In Oven, Countertop Range
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Live Beautifully! Re-Envisioned Designer, Canadian Tudor-style Condo Townhome. Pro-renovated in high fashion. Poised in a beautiful location, maintenance-free & tucked away in an enclave of tall trees, groomed lawns, a Conservation Park & a Creek for strolls. An incredible Lifestyle Townhome for those with discerning taste seeking seeking a superior location. Close to shopping, dining, conveniences, the hospital & the Tourist district, Marina, Yacht Club, Beach & Boardwalk. Welcome guests with a classic brick & stucco curb appeal to your Covered Private Front Entrance & into the foyer. You can enter directly from Garage as well for comfort & ease. The 2nd Floor Main Living Space is a delight! Inspired living in this light-filled designer dream. Abundant space, newly installed windows that bring views of trees & nature. A Perfect Open-Concept Floor plan. Hickory floors throughout, FP w/ Quartz & Porcelain surround. Custom, Kingsmill-built Maplewood Kitchen w/ state-of-the-art SS Appls., Quartz Counters & Backsplash. Cabinetry that is classic, stylish & plentiful. Entertain in your Formal Dining Room w/ Glass Fr Drs that open into your own lounge/music relaxation room overlooking trees. Nearby a useful Office features built-in shelving & provides privacy as needed. It is adjacent to the Main Flr Glass Doors in Liv Rm that walkout to your private balcony. A Guest BR is close to the chic, 3pce Quartz & Glass Bath. In the hallway a Laundry Garage w/ remote enclosure wall keeps everything handy, neat & tidy. Note: the 2 MN FL BRs & Music Rm can be purposed as 3 MN FL BRs. Above all this joyous living space you may retreat to your expansive, Primary BR Suite w/ a gleaming Quartz & Glass Private Bath, Skylights, Dble Closet & a Workout/yoga nook. Home freshly painted for you to move in & do nothing! Private Inside-Entry Garage. A Bonus is the large basement for storage. Potlights, updated stairs & railings. Chair Lift (removeable). An Easy, Dreamy Townhome.

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Property Summary

This townhouse located at 245 Elgin Street, Cobourg is currently for sale and has been available on SousaSells for 497 days. This property is listed at $719,000 with an estimated mortgage of $2,393* per month. It has 4 beds, 2 bathrooms, and is 2000-2249 square feet. 245 Elgin Street, 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
2
Kitchens
1
Living Area
2000-2249 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 10, 2025
Sold price information is available to members only
Listed Date3/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick, Stucco (Plaster)
BasementUnfinished, Half
CountyNorthumberland
Annual Tax$4,765

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital, Public Transit, Rec./Commun.Centre, River/Stream

Interior Features

Auto Garage Door Remote, Built-In Oven, Countertop Range, Intercom, Storage, Water Softener

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

Virtual Tours

Location

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245 Elgin Street, Unit 2, 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 245 Elgin Street W 411, Cobourg, ON K9A 5M1

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$215,700 (30.0%)
* Minimum Canadian down payment required for this price is $46,900.
Amortization Period30 Years
Estimated Monthly Payment$2,393Based on a loan of $503,300 over 30 years.
Purchase Price$719,000
Loan Amount$503,300
Provincial Land Transfer Tax:$10,855
Total Estimated Closing Taxes:$10,855

About Purchasing a Home in Cobourg, ON

For a property listed at $719,000 in Cobourg, the legal minimum down payment is $46,900 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 $10,855 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 $10,855.

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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.