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Property Description
Experience the ideal of lakeside luxury living at Cobourg's premier condominium development. Nestled along the pristine shores of Lake Ontario, this exclusive residence offers unparalleled convenience and elegance in a maintenance-free environment. This meticulously crafted turn-key home boasts a bright and airy open floor plan, accentuated by a seamless transition to a private balcony, a perfect retreat to savour the breathtaking waterfront and courtyard views. The interior exudes modern sophistication, featuring a cozy fireplace and a spacious kitchen equipped with stainless steel appliances, a tile backsplash, and ample cabinet space, all centred around a breakfast bar for informal dining. Indulge in the luxury of in-suite laundry and ensuite bathrooms for both bedrooms, offering convenience and privacy for residents and guests alike. Outside, the expansive balcony beckons for al fresco dining or relaxation against the backdrop of Lake Ontario's serene beauty. Ideally situated just steps from the marina, Cobourg's renowned beach and the vibrant downtown scene brimming with charming cafes, restaurants, and the lively Saturday farmers market, this condo epitomizes carefree coastal living in Ontario's beloved Feel Good Town.
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Property Features
Beach, Hospital, Lake Access, Library, Marina, Waterfront
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,300 (2024)
Basement
None
Exterior
Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 17.75' x 14.57' | |
| Kitchen | Main | 9.97' x 13.19' | |
| Prim Bdrm | Main | 13.25' x 10.01' | 4 Pc Bath |
| 2nd Br | Main | 15.52' x 13.02' | 3 Pc Ensuite |
| Laundry | Main | 5.25' x 4.27' |
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Cobourg Market Statistics
Cobourg Price Trend
148 Third St 301 is a 2-bedroom 2-bathroom condo listed for sale at $795,000, which is $91,250 (13.0%) higher than the average sold price of $703,750 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Cobourg increased by $396,250 (128.9%) compared to the previous 30 day period (March 15 - April 13) and down $2,916 (0.4%) from the same time one year ago.Inventory Change
There were 10 2-bedroom condos listed in Cobourg over the last 30 days (April 14 - May 13), which is up 66.7% compared with the previous 30 day period (March 15 - April 13) and up 25.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Cobourg typically sold ($22,250) (3.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $17,300 decrease compared to the previous 30 day period (March 15 - April 13) and ($6,296) 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 14 - May 13) stood at 40.0%, up from 33.3% over the previous 30 days (March 15 - April 13) and down from 150.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Cobourg stood at 22 days when successfully sold over the last 30 days (April 14 - May 13), compared to 43 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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