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$949,000
Cobourg
1188 Alder Road East, Cobourg, Ontario, K9A5S3
This 4-bedroom, 3-bathroom home in Cobourg is for sale offering roughly 1,750 sq ft of space. It has been on the market 73 days, fresher than the Cobourg average of 81 days.
A must see!! Welcome to 1188 Alder Rd, Cobourg - a spacious and inviting home tucked into a quiet, sought-after neighbourhood and surrounded by a peaceful natural setting. Step inside this custom built home with soaring ceilings and an abundance of natural light, creating an impressive sense of openness throughout the main living space. The main floor offers two comfortable bedrooms, while the fully finished walk-out lower level adds two additional bedrooms and plenty of flexible space for family, guests, a home office or recreation area. One of the home's standout features is its beautiful forested backdrop with ravine up to 250 feet deep, offering added privacy, tranquil views and a wonderful setting to enjoy throughout the seasons. The unique pie-shaped lot provides additional outdoor space and a setting that feels tucked away while still being close to everything Cobourg has to offer and only walking distance to High School. A convenient chair lift connects the main and lower levels, adding accessibility and ease of movement throughout the home. With four bedrooms, a finished walk-out basement, soaring ceilings, forest views with ravine and a peaceful location, 1188 Alder Rd offers an exceptional combination of space, versatility and natural beauty. A home with room to live, grow and make your own. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 73 days on market, against an average age of 81 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 4-bed single family in Cobourg has been listed for 73 days, which is 8 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $949,000, about 11.6× the local median household income of $82,000.
Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 126% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.