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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,999,900 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.
One of four private residences built by the prominent Burnet Brothers circa 1864 whose chief building legacy was the iconic Victoria Hall in downtown Cobourg. This landmark century home makes a bold statement from the street with its pillared circular drive entry with iron gates & classic crisp white exterior with bold black accents. A gorgeous arched front entry with curved transom window welcomes you to the foyer that leads to the grand centre hall with soaring ceilings, crown moulding & rich hardwood floors. The front formal living & dining rooms are perfectly scaled for entertaining large groups & feature original fireplaces & large windows that fill the spaces with warm natural light. A beautiful & well-appointed chef's kitchen is the heart of the home with its large centre island Wolf Range & Sub-zero Fridge/Freezer, stand alone wine cooler & designated pantry room. The open breakfast area overlooks the fully fenced rear yard with inground pool, cabana, patios, sports court & sweeping lawns & mature gardens. Large main floor office, separate gym room & a sunken hexagon shaped conservatory/great room with soaring waffled cathedral ceiling, fireplace, floor to ceiling windows & double garden door walkout to rear yard. One of two staircases up to the dream primary suite with dressing room, walk-in closet & 5pc ensuite bath with large glass shower & water closet. Three further well sized second floor bedrooms one with full ensuite while the north bedrooms share a lux Jack & Jill bath with walk through shower. Fully finished lower level with massive recreation area, large bedroom with above grade windows, wine room & laundry. The lower is very well suited for Nanny's quarters or extended family. This stately residence is filled with unique architectural features & is perfectly suited for the active family who loves to entertain. Located on one of the most sought-after streets in Cobourg a stone's throw to Lake Ontario, Beach & downtown amenities. See VTour.
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The current listing price for 163 Ontario Street, Cobourg, ON in Cobourg, Cobourg is $2,999,900.
This property features 6 bedrooms and 6 bathrooms across approximately 5000 + sqft.
163 Ontario Street, Cobourg, ON is a Detached (2-Storey) featuring a Finished, Full basement.
Key property features include: Fenced Yard, Lake/Pond, Marina, Park, Wooded/Treed, Level.
Interior highlights include: Auto Garage Door Remote, Built-In Oven, Carpet Free, Countertop Range, In-Law Suite, Storage.
Yes, this property offers parking space for 10.0 vehicles (Attached).
Heating is provided via Gas and cooling via Other.
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Data-driven valuation for 163 Ontario Street, Cobourg, ON K9A 3B6
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 $2,999,900 in Cobourg, the legal minimum down payment is $599,980 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 $61,473 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 $61,473.
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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.