94 Albert Street, Cobourg, ON

$429,000
MLS#:X12030616
2 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 8, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $429,000 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 1100-1500 sqft on a premium 33 x 165 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: None
  • Efficient other heating via gas

Description

Introducing a delightful new listing that beckons the perfect blend of charm and convenience, nestled just a heartbeat away from the scenic Cobourg beach and vibrant marina. A perfect home for investors, first time homeowners or someone looking to downsize.This cozy house is more than just a space to dwell; it's a gateway to a lifestyle envied by many and achieved by a select few.Whether you're a beachgoer, a gourmet coffee enthusiast, or someone who simply enjoys a leisurely stroll through specialty boutiques, this property places you within a stone's throw of them all. Imagine stepping out of your door and being just one block away from the bustling downtown area, where the aroma of freshly brewed coffee and the latest catch from the marina fills the air.This house features two inviting bedrooms and two well-appointed bathrooms mean no queue in the morning rush or when you're entertaining guests. The comfort doesnt end there, as the residence boasts ample living space for leisure and relaxation.Moreover, the spacious lot this home sits upon is a blank canvas waiting for your personal touch. Envision a garden, a playground, or maybe an elegant space for outdoor entertaining the possibilities are truly endless.No need to worry about a long commute to enjoy the natural beauty and local culture, as it's all available right outside your doorstep. From enjoying sunny days at the beach to discovering hidden gems in your community, this house is not just a place to live but a place to love living.Are you ready to make the easy choice for a delightful change? Dive into the heart of Cobourg with this captivating home as your new haven.

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Property Summary

This detached home located at 94 Albert Street, Cobourg is currently for sale and has been available on SousaSells for 484 days. This property is listed at $429,000 with an estimated mortgage of $1,428* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 94 Albert 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
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 8, 2025
Sold price information is available to members only
Listed Date3/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementUnfinished
Lot Size33 × 165 Feet
CountyNorthumberland
Annual Tax$3,539
Legal DescriptionPT LT 12 BLK C PL CADDY (FORMERLY LT 17 CON B HAMILTON) COBOURG AS IN CB108886; S/T CB108886; T/W CB108886; COBOURG

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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94 Albert 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 94 Albert Street, Cobourg, ON K9A 2R1

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.

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Interest Rate4.00%
Down Payment$128,700 (30.0%)
* Minimum Canadian down payment required for this price is $21,450.
Amortization Period30 Years
Estimated Monthly Payment$1,428Based on a loan of $300,300 over 30 years.
Purchase Price$429,000
Loan Amount$300,300
Provincial Land Transfer Tax:$5,055
Total Estimated Closing Taxes:$5,055

About Purchasing a Home in Cobourg, ON

For a property listed at $429,000 in Cobourg, the legal minimum down payment is $21,450 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 $5,055 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 $5,055.

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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.