$379,000

For saleJust listed

#510 470 Lonsberry Drive, Cobourg - Single Family for Sale

#510 470 Lonsberry Drive, Cobourg, Ontario, K9A0K4

2 beds2 baths1 parking950 ft²$387/mo condo feeListed Today

Overview

This 2-bedroom, 2-bathroom condo in Cobourg is for sale offering roughly 950 sq ft of space. Listed at $379,000, it is attractively priced about 34% below the $575,000 median asking price in Cobourg. It has been on the market 0 days, fresher than the Cobourg average of 80 days.

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Description

Step inside this stunning quality built condo townhome in Cobourg's sought after East Village. A perfectly designed light filled layout makes everyday living enjoyable. The beautiful kitchen has ample counter and storage space and comes complete with all the s/s appliances and a breakfast counter for meal prep and opens to the living room making entertaining easy. A utility/storage room and a convenient 2pc bathroom completes the main floor. Upstairs you will find the primary bedroom, a full 4pc bathroom, and a secondary room that is perfect for a 2nd bedroom, home office or den. Enjoy the added convenience of an upper level in-suite stackable laundry unit. Affordably priced and an excellent opportunity for the first time buyer, downsizer or the savvy investor, offering low-maintenance comfort & a stress-free lifestyle. Situated in the heart of the town's most walkable community, steps to downtown, unique shops, fine dining, bistros, cafes and Cobourg's famous beach and marina. (id:66096)

Property Details

MLS®: X14148346
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 950 ft²
Storeys: 2
Basement: None
Heating: Heat Pump, Electric
Cooling: Wall unit
Garage: No Garage
Condo Fee: $387/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $3,870.77/yr
Listed

Rooms

Main level

Living room: 4.38 x 2.88 meters
Kitchen: 4.37 x 2.74 meters
Dining room: 2.36 x 2.77 meters

Upper Level

Primary Bedroom: 2.9 x 4.1 meters
Bedroom 2: 3.67 x 3.02 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, Range, Dryer, Microwave, Blinds, Water Heater
Exterior: Brick
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Cobourg listings, avg age

80d

Price / ft²

$399

List price

$379K

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 2-bed single family in Cobourg has been listed for 0 days, which is 80 days fresher than the city average of 80. Act while there is still low competition.

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Listed by Royal LePage ProAlliance Realty · Brianna Weiss

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9A)

This home lists at $379,000, about 4.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $74,032 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$379,000· $399/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,950

Min 5%50%

Mortgage payment$1,996/mo

↳ CMHC premium ($14,402 capitalized)

Property tax (est.)$323/mo

Condo fee$387/mo

Total monthly$2,706

Cash Needed to Close

Down payment (5%)$18,950

Land transfer tax$4,160

Est. closing costs$3,637

Total cash needed$26,747

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