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Property Description
Rare opportunity to own one of Cobourg's best condominiums in premier building, located steps to Lake Ontario, Cobourg Marina and Yacht Club, Victoria Beach and park and Cobourg's dynamic downtown. Spacious suite with large floor to ceiling bay windows. Two, well appointed bedrooms, four piece bathroom with laundry, tidy kitchen with plenty of storage. Private garage space comes with this suite. Forced air heating and central air conditioning.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-01 | 2024-03-31 | 121 | $499,900 | - | Expired |
| 2023-12-01 | 2024-03-31 | 121 | $499,900 | - | Expired |
Extras
Condo fees include: building insurance, water, common costs, management, elevator, garbage. Unit is wired for both Cogeco and Bell high speed services.
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,996 (2023)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Common
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.78' x 13.62' | |
| Dining | Main | 14.27' x 6.66' | |
| Living | Main | 19.13' x 12.20' | |
| Bathroom | Main | 8.63' x 5.02' | 4 Pc Bath |
| Br | Main | 8.60' x 11.71' | |
| Prim Bdrm | Main | 13.58' x 14.53' |
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Cobourg Market Statistics
Cobourg Price Trend
1 Queen St 404 is a 2-bedroom 1-bathroom condo listed for sale at $485,000, which is $136,666 (22.0%) lower than the average sold price of $621,666 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 2 bedroom condo in Cobourg increased by $225,000 (56.7%) compared to the previous 30 day period (March 3 - April 1) and down $25,000 (3.9%) from the same time one year ago.Inventory Change
There were 13 2-bedroom condos listed in Cobourg over the last 30 days (April 2 - May 1), which is up 160.0% compared with the previous 30 day period (March 3 - April 1) and up 30.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Cobourg typically sold ($29,633) (4.8%) below asking price over the last 30 days (April 2 - May 1), which represents a $21,334 decrease compared to the previous 30 day period (March 3 - April 1) and ($12,196) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Cobourg over the last 30 days (April 2 - May 1) stood at 23.1%, down from 60.0% over the previous 30 days (March 3 - April 1) and down from 90.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Cobourg stood at 34 days when successfully sold over the last 30 days (April 2 - May 1), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark First Group Realty Ltd.
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