$574,000

$588,000For salePrice drop↓ $14,000 (2%)

49 Ballantine Street, Cobourg - Single Family for Sale

49 Ballantine Street, Cobourg, Ontario, K9A5G8

3 beds2 baths2 parking1,300 ft²26 × 271 ft (7,138 sq ft) lot sizeListed 14 days ago

Overview

This 3-bedroom, 2-bathroom home in Cobourg is for sale offering roughly 1,300 sq ft of space. Listed at $574,000, it is attractively priced about 21% below the $724,900 median asking price in Cobourg. It has been on the market 14 days, fresher than the Cobourg average of 80 days.

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Description

Exceptionally well located, this 3 bed, 2 bath raised bungalow with a walk-out basement and deep, green backyard is moments to shops, schools, the 401 and beautiful Cobourg Beach. Pride of ownership is evident from the moment you approach. Enter from the attached garage or via the welcoming front porch and entryway. Upstairs, a light and bright living/dining room with a functional, updated kitchen, featuring a 36" fridge, microwave with pullout fan, and Blanco granite sink. A 4 piece bathroom and 2 good sized bedrooms complete this level. The walkout basement features easy garage access, a crawl space for storage, the laundry room, a 3 piece bathroom as well as a bonus recreational room and additional bedroom. Outside, find the large deck with gas bbq hookup, sun shelter and a deep, grassy backyard with landscaping and a pear tree - a peaceful setting for al fresco dining and entertaining. Charming and private - a wonderful, easy living option! (id:66096)

Property Details

MLS®: X14101446
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 26 × 271 ft (7,138 sq ft)
Frontage: 26 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,429/yr

Rooms

Main level

Family room: 3.3 x 5.47 meters
Bedroom: 2.62 x 4.68 meters
Bathroom: 2.52 x 1.93 meters
Utility room: 1.93 x 3.92 meters
Other: 1.54 x 1.68 meters

Second level

Living room: 3.7 x 4.63 meters
Foyer: 1.43 x 4.18 meters
Primary Bedroom: 3.31 x 4.01 meters
Bedroom: 2.62 x 4.44 meters
Kitchen: 2.49 x 3.07 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Storage Shed, Window Coverings, Garage door opener, Garage door opener remote(s)
Foundation: Poured Concrete
Exterior: Vinyl siding, Brick Facing
Lot Features: Flat site, Gazebo

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Cobourg listings, avg age

80d

Price / ft²

$442

List price

$574K

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 14 days, which is 66 days fresher than the city average of 80. Act while there is still low competition.

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Listed by RE/MAX Rouge River Realty Ltd. · Marianne Wilson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9A)

This home lists at $574,000, about 7.0× the local median household income of $82,000.

Carrying it typically needs a household income of about $112,122 (20% down, 25-yr amortization, stress-tested) — roughly 37% 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)

$574,000· $442/ft²

For sale

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Full Cost Breakdown

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Down Payment5.64% · $32,400.00

Min 5.64%50%

Mortgage payment$3,003/mo

↳ CMHC premium ($21,664 capitalized)

Property tax (est.)$369/mo

Total monthly$3,372

Cash Needed to Close

Down payment (5.64%)$32,400

Land transfer tax$7,955

Est. closing costs$4,222

Total cash needed$44,577

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