$1,000,000
Cobourg
670 William Street, Cobourg, Ontario, K9A3A5
This 4-bedroom, 2-bathroom home in Cobourg is for sale offering roughly 1,300 sq ft of space.
Escape to your own private nature oasis with this rare-zoned property that owns into a beautiful, sparkling creek filled with trout and salmon & surrounded by forest. A classic & well-maintained 3+1BR, 2Bath bungalow is home, tucked away on (approx.) 2 park-like acres! A dream come true for nature lovers, families as well as for any who wish to have a workshop for hobbies or a business onsite. The home features a great main floor living layout (1,391 sq ft) with upgraded kitchen. A large living room picture window shows off gorgeous greenspace views of your manicured grounds, forest. The fully finished lower level offers1,391 sq ft of living space, with a stone wall surrounding a Gas Fireplace. Perfect space for a guest unit, in-law suite, or multi-family living. Step outside to a large Carport over a concrete slab, ideal for parking or hosting covered outdoor patios & family BBQs. Adjacent to a large Conservation Park, your land owns well into the Cobourg Creek that runs along the NW perimeter & the land is protected by old growth Forest for privacy. A Detached workshop zoned for Industrial or Commercial is located on the south side of the property with William St visibility - currently rented by a fabulous artisan carver. This versatile building workshop is the ultimate setup for your heavy hobbies, a home business, or potentially converting into a second garden suite residence (based on town approvals.) This property has many zonings included Development (May be able to convert to a specific zoning use depending on what you seek to develop, as per town zoning requirements.) Enjoy a flat, tree-surrounded sanctuary that features full city water, sewer, hydro, and high-speed internet with multiple zoning! Located in a growing town just 100 km from Toronto with easy access to public transit, VIA Rail, and Highways 401/407. Live, work, and play in a one-of-a-kind property offering endless space, flexibility, and long-term family or investment value. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 128 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 4-bed single family in Cobourg is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,000,000, about 12.2× the local median household income of $82,000.
Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9A)
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Loading rates, 30-yr amortization
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