$599,900

$619,900For salePrice drop↓ $20,000 (3%)

777 Prince of Wales Drive, Cobourg - Single Family for Sale

777 Prince of Wales Drive, Cobourg, Ontario, K9A5X8

3 beds2 baths3 parking900 ft²36 × 119 ft (4,280 sq ft) lot sizeListed 71 days ago

Overview

This 3-bedroom, 2-bathroom home in Cobourg is for sale offering roughly 900 sq ft of space. Listed at $599,900, it is attractively priced about 17% below the $724,900 median asking price in Cobourg. It has been on the market 71 days, fresher than the Cobourg average of 80 days.

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Description

If you're ready to simplify but aren't quite ready for condo or townhouse living, this may be exactly the in-between you've been looking for. This approximately 1,100 sq. ft. detached bungalow in Cobourg's west end offers a manageable footprint, your own yard and room to garden-without the maintenance and expense, or work of a larger home/lot. The main floor is compact and functional, with two bedrooms- one being the spacious primary flooded with west sun, a cozy family room with corner gas fireplace, a neutral 4pc. bathroom, main-floor laundry and an eat-in oak kitchen (appliances included) with access to the enclosed porch and walkway to the detached garage and rear patio. Brick construction, fresh paint, updated light fixtures and new luxury vinyl flooring throughout give the home a clean, move-in-ready feel, while a new roof in 2025 takes care of one of the big-ticket items. Downstairs, you'll find a finished third bedroom with new carpet and a 3-piece bathroom, while the unfinished rec room leaves additional space for storage, hobbies or future finishing. An ideal alternative for a down sizer, first-time buyer or anyone who simply believes that home doesn't have to mean more house than you need. Set close to all amenities, highway 401 and Northumberland Hills hospital. (id:66096)

Property Details

MLS®: X13717924
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 36 × 119 ft (4,280 sq ft)
Frontage: 36 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Foyer: 1.48 x 1.87 meters
Living room: 3.36 x 3.58 meters
Bedroom: 3.36 x 2.65 meters
Laundry room: 2.34 x 1.5 meters
Kitchen: 3.53 x 3 meters
Dining room: 3.52 x 3.03 meters
Primary Bedroom: 3 x 3.72 meters
Bathroom: 2.29 x 2.51 meters

Basement

Utility room: 1.12 x 2.84 meters
Bathroom: 1.72 x 3.42 meters

Features

Appliances: Garage door opener remote(s)
Foundation: Poured Concrete
Exterior: Brick

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

71d

Cobourg listings, avg age

80d

Price / ft²

$667

List price

$600K

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 71 days, which is 9 days fresher than the city average of 80. Act while there is still low competition.

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Listed by Re/Max Hallmark First Group Realty Ltd. · Sydney Fairman

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9A)

This home lists at $599,900, about 7.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $117,181 (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)

$599,900· $667/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$396/mo

Total monthly$3,528

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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