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 $1,149,900 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.
This stunning bungalow is nestled on a 50' wide estate lot on coveted ravine with a walkout basement in one of the area's most sought-after communities. Offering over 3,800 square feet of beautifully finished living space. Step inside to an expansive foyer with 24" x 24" porcelain tile flooring that flows seamlessly into the open-concept main living area. Upgraded throughout, the main level features hardwood flooring, 9' smooth ceilings, pot lights, vaulted ceilings, California shutters, and a servery that connects the dining room and kitchen. The chefs kitchen included upgraded cabinetry, ceramic backsplash, stainless steel appliances, gas stove, and a centre island with stone countertops and a breakfast bar - making it the perfect space to entertain. The primary retreat offer his/her walk in closets with build in cabinetry and a 5pc ensuite with double vanities, glass shower and soaker tub. Convenient main floor laundry with access to the double car garage with an EV charging plug. The finished walkout basement showcases impressive 10-foot ceilings, a designer wet bar with luxurious soapstone countertops, and a spa-inspired bathroom that offers the perfect blend of comfort and style. Outdoors, the expansive double-tier deck provides a private retreat where you can enjoy your morning coffee or unwind at sunset while taking in the breathtaking ravine views. The double wide driveway provide parking for 4 vehicles, with no sidewalk to maintain. Surrounded by nature yet conveniently located close to the quaint downtown of Cobourg and beachfront, this exceptional residence offers a rare combination of privacy, luxury, and tranquility.
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Electric Car Charger, Greenbelt/Conservation, Park, Ravine, Rec./Commun.Centre, Wooded/Treed
Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1296 Alder Road, Cobourg, ON K9A 0J8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobourg.
About Purchasing a Home in Cobourg, ON
For a property listed at $1,149,900 in Cobourg, the legal minimum down payment is $229,980 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 $19,473 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 $19,473.
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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.