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Property Description
Welcome to your gateway to Downtown Historic Cobourg and Scenic waterfront. Spectacular custom built luxury home with lift overlooking Lake Ontario. Building is an Empire Replica. The property offers many opportunities & potential for the astute buyer. One commercial well established turn-key seasonal business & 2 residential homes. Separate 1+1 bedroom apartment. Amazing detail to quality craftmanship & design including Stone, Ironwork & BC Cedar Shingles. Magnificent water views & marina.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-29 | 2024-03-29 | 182 | $2,600,000 | - | Expired |
| 2023-09-29 | 2024-03-29 | 182 | $2,600,000 | - | Expired |
| 2023-06-14 | 2023-09-29 | 107 | $3,500,000 | - | Terminated |
| 2019-01-04 | 2020-01-22 | 383 | $2,500,000 | - | Terminated |
| 2020-01-17 | 2020-09-28 | 254 | $2,500,000 | - | Suspended |
| 2019-01-02 | 2020-01-17 | 380 | $2,500,000 | - | Terminated |
| 2018-05-28 | 2018-12-20 | 206 | $2,700,000 | - | Terminated |
Extras
Buyer/agent due diligence on all aspects of the property & intended use.
Property Features
Beach, Marina, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
56' x 72'
Acreage
< .50
Lot Irregularities
Easement
Fronting
West
Taxes
$9,086 (2023)
Basement
Full
Exterior
Brick, Shingle
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 14.93' x 22.24' | Elevator, Access To Garage, Marble Floor |
| Office | Main | 11.48' x 12.04' | Pocket Doors, Closet, Marble Floor |
| Kitchen | 2nd | 20.47' x 25.13' | Combined W/Great Rm, Overlook Water, Hardwood Floor |
| 2nd Br | 2nd | 10.63' x 12.47' | Murphy Bed, Separate Rm, Hardwood Floor |
| 3rd Br | 3rd | 8.23' x 12.50' | 3 Pc Ensuite, Closet, Hardwood Floor |
| Prim Bdrm | 3rd | 13.81' x 20.34' | 3 Pc Ensuite, W/I Closet, Hardwood Floor |
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Cobourg Market Statistics
Cobourg Price Trend
164 Division St is a 3-bedroom 4-bathroom home listed for sale at $2,600,000, which is $1,901,000 (272.0%) higher than the average sold price of $699,000 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Cobourg declined by $46,294 (6.2%) compared to the previous 30 day period (February 29 - March 29) and down $13,500 (1.9%) from the same time one year ago.Inventory Change
There were 25 3-bedroom homes listed in Cobourg over the last 30 days (March 30 - April 28), which is up 56.2% compared with the previous 30 day period (February 29 - March 29) and up 25.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Cobourg typically sold $0 (0.0%) below asking price over the last 30 days (March 30 - April 28), which represents a $6,058 increase compared to the previous 30 day period (February 29 - March 29) and ($400) more 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 3-bedroom homes in Cobourg over the last 30 days (March 30 - April 28) stood at 44.0%, down from 106.2% over the previous 30 days (February 29 - March 29) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Cobourg stood at 12 days when successfully sold over the last 30 days (March 30 - April 28), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Jazz Inc.
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