348 University Avenue, Cobourg, ON
Property no longer active
This property was sold on December 19, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $479,500 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 1500-2000 sqft on a premium 74 x 373 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Separate Heating Controls, Separate Hydro Meter
- Efficient forced air heating via gas
Description
Whether your an established investor, or just trying to get into the Cobourg market, THIS could be just the opportunity you have been waiting for!! Offering a unique blend of historic charm and a blank canvas for your next project, this multifaceted property is located at the end of a quiet dead end street in a well established neighborhood, perfect for families or anyone seeking a welcoming community atmosphere. With a classic exterior, the front portion of the home is a 3 bedroom 1.5 story that exudes character and awaits your personal touches, while the rear unit offers one level living and has already been partially gutted, making your vision one step closer to becoming reality. The spacious yard spans 380 feet deep, borders on "Old Factory Creek" and also features a spacious detached 2 car garage/ workshop, perfect for car enthusiasts, storing recreational vehicles or a great space for a variety of different home based businesses!! Situated just minutes from Cobourg's vibrant downtown, shops, parks, schools, and the waterfront, 348 University Avenue West provides the best of small-town living with convenient access to urban amenities. With so many options, for so many different potential buyers, this expansive property will not last long!
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Property Summary
This detached home located at 348 University Avenue, Cobourg is currently for sale and has been available on SousaSells for 620 days. This property is listed at $479,500 with an estimated mortgage of $1,596* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 348 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
Cul de Sac/Dead End, Golf, Hospital, Library, Waterfront, River/Stream
Interior Features
Carpet Free, Separate Heating Controls, Separate Hydro Meter, Water Meter
Security Features
Community Features
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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 348 University Avenue W, Cobourg, ON K9A 2J1
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 $479,500 in Cobourg, the legal minimum down payment is $23,975 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 $6,065 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 $6,065.
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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.