$599,000

For sale

224 Nickerson Drive, Cobourg - Single Family for Sale

224 Nickerson Drive, Cobourg, Ontario, K9A1A5

3 beds2 baths4 parking900 ft²45 × 111 ft (4,993 sq ft) lot sizeListed 43 days ago

Overview

This 3-bedroom, 2-bathroom home in Cobourg is for sale offering roughly 900 sq ft of space. Listed at $599,000, it is attractively priced about 17% below the $724,900 median asking price in Cobourg. It has been on the market 43 days, fresher than the Cobourg average of 80 days.

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Description

Opportunity to acquire a rare setting in town! Well-updated but the picturesque setting could inspire you to upgrade this home to a new level! Classic all- brick bungalow on a quiet cul-de-sac backing onto forest & creek. No neighbours behind! Reverse pie-shaped lot (more room from adjacent homes.) Hobbyists will appreciate the Det Garage & Heated Workshop. Easy, versatile layout. Main floor features oak strip wood flooring, contemporary decor, large picture window in Living Room. Big Kitchen windows for natural light & backyard greenery views. The kitchen has plenty of oak cabinets, pantry, a ceramic backsplash. A Main floor office (optional as 3rd BR or Din Rm) features sliding glass doors out to a covered deck with skylights, perfect for entertaining or enjoying the private backyard. 2 additional BRs and an updated four-piece Bath complete the main level. A rear entrance through the kitchen leads down to a finished lower level with potential for extended family living, guests or in-law suite. The spacious recreation room features a cozy gas stove fireplace, wet bar, & an updated 3pce bath & laundry room. Entire LL has been updated 3.5 yrs ago: Lux Vinyl Lam floor, drywall (removed old paneling), added decora switches, sconces, Pot Lights, drop ceiling & utility sink in laundry. Reno'd 3pce bath/fixtures/flooring. A Utility RM w/ workbench completes the LL. + a Bonus: Det. Garage w/ Heated Workshop in the back! Useful for hobbies or projects (or convert to guest house?) Convenient location: approx. 1 km to the Hospital & Community Centre. 2km to Beach, Marina, Downtown. Walking distance to schools, parks, shopping. Easy access to Hwy 401/407 VIA Rail 5 mins.Tenant signed N9. Vacant possession by 11/15/26. Successfully rented for 4 yrs, current rent $3968.94/m Tenant responsible for heat/hydro, snow/salting, grounds/lawn. Private &, convenient neighbourhood. ***SOME PHOTOS VIRTUALLY STAGED*** Tenant is vacating by Nov 14th (id:66096)

Property Details

MLS®: X13823838
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 45 × 111 ft (4,993 sq ft)
Frontage: 44 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 4.93 x 3.45 meters
Workshop: 8 x 20 meters
Kitchen: 3.92 x 3.44 meters
Primary Bedroom: 3.59 x 2.42 meters
Bedroom 2: 3.02 x 3.44 meters
Bedroom 3: 2.72 x 3.44 meters
Bathroom: 1.98 x 1.55 meters

Lower level

Utility room: 2.24 x 1.15 meters
Laundry room: 2.87 x 3.44 meters
Recreational, Games room: 7.52 x 3.22 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Freezer, Water Heater
Foundation: Block
Exterior: Brick
Lot Features: Wooded area, Backs on greenbelt, Flat site, Lighting, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Cobourg listings, avg age

80d

Price / ft²

$666

List price

$599K

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.

Haho

This 3-bed single family in Cobourg has been listed for 43 days, which is 37 days fresher than the city average of 80. Act while there is still low competition.

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Listed by Century 21 United Realty Inc. · Denise Liboiron

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9A)

This home lists at $599,000, about 7.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.

Median household income: $82,000
Population: 26,757
Median age: 53.2
Owner / renter: 74% / 26%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K9A)

$599,000· $666/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$353/mo

Total monthly$3,480

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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