535 Barbara Street, Cobourg, ON

$600,000
MLS#:X9400075
2 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 29, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $600,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 50 x 100 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned, In-Law Capability, Workbench
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To This Beautifully Maintained All-Brick Bungalow, Offering Nearly 2,000 Square Feet Of Living Space. Set On A Spacious 50x100 Ft Lot, This Home Features A Generous 31'4" X 13'5" Detached Garage With A Convenient Rear Sliding Door. Located In A Prime Cobourg Neighborhood, Youll Be Just Minutes From Schools, Parks, Shopping, Dining, And Major Commuting Routes, Making This Home A Perfect Blend Of Comfort And Accessibility. Inside, You'll Find A Wonderful Mix Of Classic Charm And Modern Updates. This 2-Bedroom, 2-Bathroom Home Showcases Original Hardwood Floors, Elegant Curved Archways, And A Large Bay Window That Floods The Living Room With Natural Light. Custom Built-Ins Throughout The Home Offer Ample Storage, Keeping Your Space Neat And Organized. The Bright Kitchen Features Plenty Of Cabinetry And A Pocket Door That Leads To The Basement And Back Deck. The Spacious Dining Room Opens Onto A Newly Installed Composite Deck With Stylish, Maintenance-Free RailingsPerfect For Outdoor Entertaining. The Deck Also Includes A Gas Hook-Up For Your BBQ, Making It Easy To Enjoy Summer Meals In Your Private Backyard, Which Is Beautifully Landscaped With Well-Maintained Gardens. The Recently Finished Basement Adds Even More Value To This Home, With A Large Recreation Room That Could Easily Be Transformed Into A 3rd Bedroom While Still Allowing Space For Relaxation And Entertainment. The Basement Has Already Been Wired For This Conversion! A Sizable 3-Piece Bathroom, A Workshop, And A Laundry Room Complete The Lower Level, Which Also Includes A Separate Entrance. This Home Is Ready For You To Move In And Make It Your Own. Don't Miss Out On The Opportunity To View This Charming BungalowBook Your Showing Today!

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Property Summary

This detached home located at 535 Barbara Street, Cobourg is currently for sale and has been available on SousaSells for 638 days. This property is listed at $600,000 with an estimated mortgage of $1,997* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 535 Barbara 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
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 29, 2024
Sold price information is available to members only
Listed Date10/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size50 × 100 Feet
CountyNorthumberland
Annual Tax$3,913.43
Legal DescriptionLT 47 PL 139 COBOURG; COBOURG

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Place Of Worship, School, Hospital, Public Transit

Interior Features

Water Heater Owned, In-Law Capability, Workbench

Security Features

Alarm System

Community Features

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Location

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535 Barbara 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 535 Barbara Street, Cobourg, ON K9A 2A9

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 Rate4.00%
Down Payment$180,000 (30.0%)
* Minimum Canadian down payment required for this price is $35,000.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $420,000 over 30 years.
Purchase Price$600,000
Loan Amount$420,000
Provincial Land Transfer Tax:$8,475
Total Estimated Closing Taxes:$8,475

About Purchasing a Home in Cobourg, ON

For a property listed at $600,000 in Cobourg, the legal minimum down payment is $35,000 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 $8,475 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 $8,475.

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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.