48 Coverdale Avenue, Cobourg, ON

$649,900
MLS#:X8451430
3 beds
2 baths
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $649,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 191.87 x 60 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover the epitome of luxurious family living in this magnificent 3-bedroom, 2-bathroom home nestled on a spacious town lot. From its practical finishes to its welcoming ambiance, every aspect of this residence exudes comfort and sophistication. Step through the front entrance into a formal living and dining area, illuminated by natural light streaming through large windows. The bright and airy kitchen sets the stage for culinary adventures, while the generously sized bedrooms provide ample space for rest and relaxation. Unwind in the lower level rec room, perfect for leisurely evenings of entertainment. The family room boasts a cozy gas fireplace, creating a warm and inviting atmosphere for gatherings with loved ones. Outside, escape to your own entertainer's paradise, where an in-ground pool awaits amidst lush greenery. Spend endless hours basking in the sun or hosting memorable gatherings with friends and family. This home offers the perfect balance of convenience and luxury. Embrace the idyllic lifestyle you've always dreamed of welcome home to your own slice of paradise!

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Property Summary

This detached home located at 48 Coverdale Avenue, Cobourg is currently for sale and has been available on SousaSells for 754 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 48 Coverdale 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
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 22, 2024
Sold price information is available to members only
Listed Date6/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionOther
BasementFinished
Lot Size191.87 × 60 Feet
CountyNorthumberland
Annual Tax$4,713.13
Legal DescriptionLt 26 PL 105 Cobourg

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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48 Coverdale Avenue, 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 48 Coverdale Avenue, Cobourg, ON K9A 4H6

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobourg.

Configure Loan Settings

Interest Rate4.00%
Down Payment$194,970 (30.0%)
* Minimum Canadian down payment required for this price is $39,990.
Amortization Period30 Years
Estimated Monthly Payment$2,163Based on a loan of $454,930 over 30 years.
Purchase Price$649,900
Loan Amount$454,930
Provincial Land Transfer Tax:$9,473
Total Estimated Closing Taxes:$9,473

About Purchasing a Home in Cobourg, ON

For a property listed at $649,900 in Cobourg, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.

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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$777,115

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.