746 Northwood Drive, Cobourg, ON

$749,999
MLS#:X9375459
3 beds
2 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 15, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Sidesplit 4 detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $749,999 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
  • Generous living space spanning 1500-2000 sqft on a premium 50 x 110 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step inside your dream home in a prime location of Cobourg! You will be delighted by the spacious and bright living areas in this four level side split nestled on a quiet, family friendly street with mature trees. Natural light pours in through the large windows in this remarkable three bedroom, fully detached, home that has been well maintained and updated. Right from the soaring ceiling entryway with skylight, you will feel right at home. The main floor boasts open concept living and dining rooms with gleaming hardwood floors and an eat-in kitchen. Upstairs, you will find three large bedrooms, bonus space in the hall that could be used as an office to accommodate working from home, and a main bathroom. There is a large family room with a walk-out to the deck on the lower main level, as well as entry into the two car garage. On the lower floor, there is additional living space with a large recreation room with pot lights, above grade windows, bar area and powder room with shiplap style accent wall. There is great storage in the crawl space and laundry room. Outside, the oversized backyard is fully fenced and private, with great entertaining areas and gardens. Parking for four cars in the driveway. All this within the vibrant, lakefront community of Cobourg! Close to the amazing beaches and waterfront areas, historical downtown, shops, restaurants and highways. Walking distance to schools and parks. Discover countless reasons to fall in love with this exceptional property!

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Property Summary

This detached home located at 746 Northwood Drive, Cobourg is currently for sale and has been available on SousaSells for 654 days. This property is listed at $749,999 with an estimated mortgage of $2,496* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 746 Northwood Drive, 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
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 15, 2024
Sold price information is available to members only
Listed Date10/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 4
ConstructionBrick
BasementFull, Partially Finished
Lot Size50 × 110 Feet
CountyNorthumberland
Annual Tax$4,696.12
Legal DescriptionPLAN 418 LOT 47

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School, Rec./Commun.Centre, Fenced Yard

Interior Features

Other

Security Features

Community Features

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Location

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746 Northwood Drive, 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 746 Northwood Drive, Cobourg, ON K9A 4W2

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$225,000 (30.0%)
* Minimum Canadian down payment required for this price is $50,000.
Amortization Period30 Years
Estimated Monthly Payment$2,496Based on a loan of $524,999 over 30 years.
Purchase Price$749,999
Loan Amount$524,999
Provincial Land Transfer Tax:$11,475
Total Estimated Closing Taxes:$11,475

About Purchasing a Home in Cobourg, ON

For a property listed at $749,999 in Cobourg, the legal minimum down payment is $50,000 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 $11,475 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 $11,475.

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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.