482 Monk Street, Cobourg, ON

$2,380,000
MLS#:X12955176
7 beds
6 baths
3500-5000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,380,000 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.

  • 7 Bedrooms and 6 Bathrooms with 3 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 49.4 x 100 ft lot
  • Features a apartment, separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, On Demand Water Heater, Carpet Free
  • equipped with central air central cooling and highly efficient radiant heating via gas

Description

Showcasing the water from every level while offering three distinct living spaces for ultimate flexibility. Set in one of the area's most desirable waterfront enclaves, the home blends quality craftsmanship with modern versatility.The finishes selected evoke the sun, the wind & the water's many ripples on the lake surfaces. Ground floor features a beautifully finished 2 bedroom, 2 bathroom suite with a modern kitchen, statement fireplace & lakeside patio, ideal for multigenerational living or rental income. Lower level creates a 3rd living space, complete with a full kitchen, high ceilings & large window wells that fill the area with natural light, making it perfect for guests, extended family, or further income opportunities.Primary living on the 2nd &3Rd floors are devoted to panoramic, south-facing lake views. Expansive open-concept living open onto multiple terraces, creating a constant connection to the water. The chef's kitchen is outfitted with bespoke finishes, premium cabinetry & appliances. 2 bedrooms, each with private ensuites & a stylish family room complete this level.The top floor offers a striking blend of relaxation & entertaining. A lounge with a Scandinavian-inspired suspended wood-burning fireplace opens onto a massive rooftop terrace with panoramic water views. The primary suite is a luxurious retreat, featuring a freestanding tub, glass shower, double vanity, sauna & wet bar. Outside, multiple walkouts lead to a professionally landscaped backyard with hardscaping, lush greenery, ambient lighting, a hot tub & gazebo. An attached garage & private lift servicing all four levels add convenience & accessibility. With jaw dropping vistas, thoughtful design & exceptional income potential, the Laker house is all about the water, the sound of the waves, storm watching, and stargazing over the lake. Welcome to Monk's Cove, a Lake Ontario neighbourhood featuring community gardens, swimming, kayaking & walking distance to the beautiful Cobourg downtown.

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Key Features

Bedrooms
7
Bathrooms
6
Kitchens
3
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date4/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style3-Storey
ConstructionStucco (Plaster)
BasementApartment, Separate Entrance, Finished
Lot Size49.4 × 100 Feet
CountyNorthumberland
Annual Tax$11,423
Legal DescriptionPT LT 1 W/S STUART ST BLK A PL CADDY (FORMERLY LT 20 CON A HAMILTON) COBOURG: PT LT 2 W/S STUART ST BLK A PL CADDY (FORMERLY LT 20 CON A HAMILTON) COBOURG AS IN NC340140; COBOURG

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingCentral Air

Features

Property Features

Beach, Clear View, Golf, Hospital, Marina, Park

Interior Features

Auto Garage Door Remote, On Demand Water Heater, Carpet Free, ERV/HRV, Sauna

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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482 Monk Street, 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 482 Monk Street, Cobourg, ON K9A 2T1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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 Rate5.25%
Down Payment$476,000 (20.0%)
* Minimum Canadian down payment required for this price is $476,000.
Amortization Period25 Years
Estimated Monthly Payment$11,346Based on a loan of $1,904,000 over 25 years.
Purchase Price$2,380,000
Loan Amount$1,904,000
Provincial Land Transfer Tax:$45,975
Total Estimated Closing Taxes:$45,975

About Purchasing a Home in Cobourg, ON

For a property listed at $2,380,000 in Cobourg, the legal minimum down payment is $476,000 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 $45,975 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 $45,975.

Nearby Listings

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No current listings found in Cobourg.

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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$770,044

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
C R Gummow
Public311 Cottesmore Avenue, Cobourg, Ontario, K9A 4E3
5.9
St. Joseph
Catholic919 D'Arcy Street, Cobourg, Ontario, K9A 4B4
3.6
Terry Fox
Public1065 Riddell Avenue, Cobourg, Ontario, K9A 5N4
7.3

Secondary Schools

Cobourg
Public335 King Street East, Cobourg, Ontario, K9A 1M2
5.6
St. Mary
Catholic1050 Birchwood Trail, Cobourg, Ontario, K9A 5S9
7.1

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.