734 Elmer Hutton Street, Cobourg, ON
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 $950,000 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.
- 3 Bedrooms and 4 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 44 x 116 ft lot
- Features a 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: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this bright 2 + 1 bedroom bungalow set in the sought-after New Amherst community of Cobourg. The home features an open concept floor plan with high ceilings, kitchen featuring an island with prep sink, dining room with walk-out to deck and living area with gas fireplace. The large primary bedroom has a walk-in closet and a gorgeous en-suite washroom. The main floor also features a 2nd bedroom, office, 2nd washroom, laundry and garage access. The finished basement has high ceilings and large windows, features an additional bedroom with walk-in closet, living area, 3 pc washroom and storage. This home also features a unique loft space above the garage that was finished by the builder. The double garage is at the rear of the home and is accessed by a private laneway. The private laneway is POTL (annual fees of $762.08) , Northumberland Common Elements Condominium Corporation 100.
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Pricing & Value Insights
Data-driven valuation for 734 Elmer Hutton Street, Cobourg, ON K9A 0K9
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About Purchasing a Home in Cobourg, ON
For a property listed at $950,000 in Cobourg, the legal minimum down payment is $70,000 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 $15,475 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 $15,475.
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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.