$629,900

For sale

529 Burnham Street, Cobourg - Single Family for Sale

529 Burnham Street, Cobourg, Ontario, K9A2W8

3 beds2 baths3 parking900 ft²50 × 103 ft (5,125 sq ft) lot sizeListed 18 days ago

Overview

This 3-bedroom, 2-bathroom home in Cobourg is for sale offering roughly 900 sq ft of space. Listed at $629,900, it is attractively priced about 13% below the $724,900 median asking price in Cobourg. It has been on the market 18 days, fresher than the Cobourg average of 80 days.

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Description

Welcome to 529 Burnham Street, a bright brick bungalow on a large 50 x 102.5 ft corner lot in Cobourg's sought-after West End. The main floor offers an open-concept kitchen, dining and living area made for family gatherings and entertaining, plus two well-sized bedrooms. The fully finished basement has its own separate entrance, a third bedroom and a second full bathroom. It's ideal for extended family, a teen retreat or a home office. Recent updates include a new roof (2022) and a freshly sealed driveway (2024). Gas forced-air heating, central air and private parking for three complete the package. Enjoy small-town living steps from it all: a short walk to Cobourg Beach, Victoria Park and the marina, with schools, transit, parks and the hospital close by. Quick access to Hwy 401 makes commuting east or west easy. A move-in-ready home in one of Cobourg's most loved neighbourhoods. Don't miss it! (id:66096)

Property Details

MLS®: X14092174
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 50 × 103 ft (5,125 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,783.8/yr

Rooms

Main level

Kitchen: 2.87 x 3.62 meters
Living room: 4.12 x 6.84 meters
Dining room: 4.12 x 6.84 meters
Primary Bedroom: 3.22 x 3.88 meters
Bedroom 2: 2.95 x 3.34 meters

Basement

Recreational, Games room: 5.96 x 5.14 meters
Bedroom: 4.78 x 4.54 meters
Laundry room: 4 x 1.51 meters
Workshop: 2.52 x 3.89 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Vinyl
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

Cobourg listings, avg age

80d

Price / ft²

$700

List price

$630K

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 18 days, which is 62 days fresher than the city average of 80. Act while there is still low competition.

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Listed by RE/MAX EXPERTS · MUBASHAR AHMAD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9A)

This home lists at $629,900, about 7.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $123,042 (20% down, 25-yr amortization, stress-tested) — roughly 50% 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)

$629,900· $700/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $37,990

Min 6.03%50%

Mortgage payment$3,282/mo

↳ CMHC premium ($23,676 capitalized)

Property tax (est.)$315/mo

Total monthly$3,597

Cash Needed to Close

Down payment (6.03%)$37,990

Land transfer tax$9,073

Est. closing costs$4,390

Total cash needed$51,453

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