714 Wilkins Gate, Cobourg, ON

$635,000
MLS#:X9019371
2 beds
2 baths
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow att/row/townhouse located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $635,000 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
  • Premium 23.83 x 114.48 ft lot size
  • Features a full, unfinished 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: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A bright and beautiful 2 bedroom bungalow townhome in Cobourg's desired New Amherst West end, close to all amenities and ease of simplistic living. Upon entry, this open concept layout welcomes you, main floor living with two spacious bedrooms, primary complete with ensuite bathroom, immaculately maintained, functional kitchen with full dining/living and nook area ideal for home office. Walk out to a private patio/deck, fully fenced yard and plenty of room to entertain if you desire. Attached garage, interior access and paved driveway for parking, picture perfect streetscape and welcoming neighbourhood. An ideal location to move if you are seeking a potential downsize, unfinished basement which could accommodate additional bedroom/bathroom and living space if needed. Enjoy the ease of living in this quiet location, low maintenance property and plenty of opportunity for you to personalize the interior space to suit your own taste.

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Property Summary

This townhouse located at 714 Wilkins Gate, Cobourg is currently for sale and has been available on SousaSells for 733 days. This property is listed at $635,000 with an estimated mortgage of $2,114* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 714 Wilkins Gate, 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
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 6, 2024
Sold price information is available to members only
Listed Date7/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFull, Unfinished
Lot Size23.83 × 114.48 Feet
CountyNorthumberland
Annual Tax$4,236.71
Legal DescriptionSee Schedule B

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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714 Wilkins Gate, 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 714 Wilkins Gate, Cobourg, ON K9A 0G3

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$190,500 (30.0%)
* Minimum Canadian down payment required for this price is $38,500.
Amortization Period30 Years
Estimated Monthly Payment$2,114Based on a loan of $444,500 over 30 years.
Purchase Price$635,000
Loan Amount$444,500
Provincial Land Transfer Tax:$9,175
Total Estimated Closing Taxes:$9,175

About Purchasing a Home in Cobourg, ON

For a property listed at $635,000 in Cobourg, the legal minimum down payment is $38,500 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 $9,175 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 $9,175.

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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.