$689,000
Cobourg
1080 Tillison Avenue, Cobourg, Ontario, K9A5N4
This 3-bedroom, 2-bathroom home in Cobourg is for sale offering roughly 1,300 sq ft of space. Listed at $689,000, it is attractively priced about 5% below the $724,900 median asking price in Cobourg. It has been on the market 51 days, fresher than the Cobourg average of 80 days.
Welcome to this versatile all-brick 2+1 bedroom, 2-bath home in Cobourg's Terry Fox subdivision, ideally located with easy access to Hwy 401 and within walking distance to the hospital, shopping and Cobourg Mall. The main level features a large eat-in kitchen with walk-out to the deck, plus a bright and inviting living room with gas fireplace. The finished lower level offers exceptional flexibility and has recently been used for both Airbnb accommodations and as a wellness centre/yoga studio. The spacious recreation room features custom lighting and a walk-out to the lower patio and rear yard. A large, bright and airy bedroom provides comfortable private space, while an additional room offers endless possibilities as a gym, office, studio, guest room or potential kitchen space. Perfect for extended family, guests, a home-based business or those seeking flexible living arrangements. The front and rear yards are truly a garden paradise, where nature and tranquility are found around every corner. Meandering, trail-like pathways invite you to explore the beautiful grounds, with garden views and peaceful spaces unfolding throughout. The rear yard feels like a private natural retreat and extends beyond the usual backyard experience, with access to the beautiful ravine abutting the property. A unique opportunity to enjoy the convenience of a well-established neighbourhood while surrounded by the beauty and tranquility of your own garden sanctuary. So many possibilities await! Attn investors: Seller may be willing to rent the lower level after closing. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 80 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Cobourg has been listed for 51 days, which is 29 days fresher than the city average of 80. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $689,000, about 8.4× the local median household income of $82,000.
Carrying it typically needs a household income of about $134,586 (20% down, 25-yr amortization, stress-tested) — roughly 64% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9A)
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