$1,099,000
Cobourg
835 Brook Road North, Cobourg, Ontario, K9A4J8
This 3-bedroom, 2-bathroom home in Cobourg is for sale offering roughly 1,750 sq ft of space. It has been on the market 20 days, fresher than the Cobourg average of 81 days.
Zoned Development this rarely offered opportunity only comes around once every so often. Unlock the potential that awaits with this nearly 2-acre property in the growing, expanding and lucrative East End of Cobourg. If you are looking for a beautiful, well maintained century home (no heritage designation) that provides a ton of character and charm, this 3-bedroom, 2-bathroom home provides an abundance of features. A double door walk-out lower level, 3-piece ensuite, 2 driveways, commercial grade appliances, freshly painted, entire home repointed, traditional layout, remains of old barn, Brazilian architectural grade soapstone countertops, and so much more. Perfect opportunity to tap into the massive development wave happening in the East end of Cobourg. This property is ready for a growing family, retirees looking for a beautiful century home to pick away at, sleek and savvy investors, builder or buyer looking to expand their current portfolio. Providing a seamless integration as you share a border with Tribute Homes' massive "Cobourg Trails" Phase 2. Forget about utility headaches or concerns as this property sits right next to the massive, provincially funded "Housing-Enabling Water Systems Fund" with the overhauls and implementation of the trunk servicing upgrades providing the ease of town water and sewer services. Purchase this property individually or seize the opportunity at hand with the South 1.5 Acre lot FOR SALE and ALSO Zoned Development (MLS# X138750707 OR X13875034). Wonderfully positioned in "Ontario's Feel-Good Town" to be moments away from highway 401, Cobourg's wonderful beach, downtown core, shopping, hospital, marina, boardwalks, schools, parks, shopping, Lake Ontario and so much more!! (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.
Active: 20 days on market, against an average age of 81 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 20 days, which is 61 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,099,000, about 13.4× the local median household income of $82,000.
Carrying it typically needs a household income of about $214,673 (20% down, 25-yr amortization, stress-tested) — roughly 162% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9A)
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