987 OTTO Drive, Cobourg, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,589,000 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.
- 6 Bedrooms and 3 Bathrooms
- Premium 60 x 156 ft lot size
- Features a finished with walk-out, full 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: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Built by LeBlanc enterprises, a well-known local builder and developer, this spacious executive 5 bedroom, 3 baths, bungalow exemplifies luxury and comfort combined with practicality. The attention to detail is evident in every corner, from the high-end finishes to the thoughtful layout that maximizes space and light. The recently renovated kitchen is a delight and features: quartz countertops, new cabinetry, recessed lightning and contemporary light fixtures. The formal dining room offers an elegant setting for hosting dinner parties or family gatherings while the expansive living room provides ample room for relaxation and everyday living. The sun-filled primary bedroom with a 5 piece ensuite was also recently renovated with new flooring, glass showers and a soaker tub. The finished lower level with a wet bar is perfect for entertaining and a great space for guests to feel at home. The walk out allows you to step out to a beautifully landscaped garden that backs onto the neighbour's pond. Make time to view this stunning residence and experience the perfect blend of sophistication and convenience. Your dream home awaits!
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 987 OTTO Drive, Cobourg is currently for sale and has been available on SousaSells for 751 days. This property is listed at $1,589,000 with an estimated mortgage of $5,289* per month. It has 6 beds, 3 bathrooms, and is unknown square feet. 987 OTTO Drive, Cobourg is in the Cobourg neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, School
Interior Features
None
Security Features
Community Features
Location
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 987 OTTO Drive, Cobourg, ON K9A 5Y3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobourg.
Configure Loan Settings
About Purchasing a Home in Cobourg, ON
For a property listed at $1,589,000 in Cobourg, the legal minimum down payment is $317,800 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 $28,255 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 $28,255.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Cobourg, Cobourg.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.