7 University Avenue East, Cobourg, Ontario, K9A1C6




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$510,000
Cobourg
This 3-bedroom, 3-bathroom home in Cobourg is for sale offering roughly 2,250 sq ft of space. Listed at $510,000, it is attractively priced about 30% below the $724,900 median asking price in Cobourg. It has been on the market 23 days, fresher than the Cobourg average of 80 days.
Live In The Heart Of Cobourg! Located Within Walking Distance To Cobourg Beach, Historic Downtown Shops And More Amenities. Main Level Includes A Spacious Kitchen, Dining And Living Room Areas, And Powder Room. Primary Bedroom Features An Ensuite Bathroom, With 2 Additional Bedrooms, Seperate Full Bathroom And Laundry On The Second Level. Remodelled In 2016-2017 To Offer Over 2,000 Sq.Ft. Of Living Space. Amazing Opportunity For First-Time Home Buyers, Investors Or Anyone Looking To Live Steps Away From Downtown Cobourg. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 23 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 3-bed single family in Cobourg has been listed for 23 days, which is 57 days fresher than the city average of 80. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $510,000, about 6.2× the local median household income of $82,000.
Carrying it typically needs a household income of about $99,621 (20% down, 25-yr amortization, stress-tested) — roughly 21% 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