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Property Description
Presenting a charming opportunity to own a delightful two-bedroom, three-bathroom bungalow-style condo, perfectly situated at 203-245 Elgin St W, Cobourg, ON. This well-appointed residence combines comfort with convenience and offers a streamlined living experience ideal for both relaxation and entertaining.Step into an inviting open concept living room and dining area that promises ample space and natural light, perfect for hosting gatherings or enjoying quiet evenings at home. The ease of main floor living is complemented by a finished basement that features a cozy gas fireplace, adding a touch of warmth and ambiance during those cooler Canadian evenings.Each bedroom in this condo is thoughtfully designed to provide a peaceful retreat with all the necessary comforts. Additionally, the three bathrooms are well-equipped to accommodate both residents and guests, enhancing everyday functionality and ease.The location of this condo adds significantly to its appeal. Residents can take a short walk to the nearby golf course for a day on the greens, or visit the local YMCA for fitness and recreational activities. Parks in the vicinity offer serene landscapes and outdoor enjoyment, while a variety of shopping and dining options are just a stones throw away, ensuring convenience is at your doorstep.Living here also means being part of a friendly condo complex, where you can feel a sense of community and belonging. Whether youre downsizing, seeking a starter home, or simply looking for a practical living solution in a vibrant neighborhood, this condo meets all your needs with its blend of comfort, convenience, and community spirit.Seize the opportunity to make this condo your new home and enjoy all that Cobourg has to offer in this exceptional location and welcoming community.
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Property Features
Golf, Grnbelt/Conserv, Park, Rec Centre, River/Stream
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Bungalow
Approximate Sq.Ft.
1000-1199
Taxes
$3,981 (2024)
Basement
Finished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.03' x 18.41' | |
| Dining | Main | 13.88' x 15.16' | |
| Kitchen | Main | 12.99' x 16.77' | |
| Prim Bdrm | Main | 14.99' x 12.30' | 4 Pc Ensuite |
| 2nd Br | Main | 12.24' x 8.86' | |
| Den | Bsmt | 8.86' x 18.44' | |
| Rec | Bsmt | 17.13' x 26.28' | Gas Fireplace |
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Cobourg Market Statistics
Cobourg Price Trend
245 Elgin St W 203 is a 2-bedroom 3-bathroom townhome listed for sale at $549,000, which is $179,333 (24.6%) lower than the average sold price of $728,333 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom townhome in Cobourg increased by $234,879 (47.6%) compared to the previous 30 day period (July 17 - August 15) and up $140,277 (23.9%) from the same time one year ago.Inventory Change
There were 5 2-bedroom townhomes listed in Cobourg over the last 30 days (August 16 - September 14), which is down 0.0% compared with the previous 30 day period (July 17 - August 15) and up 66.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Cobourg typically sold ($47,666) (6.5%) below asking price over the last 30 days (August 16 - September 14), which represents a $36,921 decrease compared to the previous 30 day period (July 17 - August 15) and $4,160 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 townhomes in Cobourg over the last 30 days (August 16 - September 14) stood at 60.0%, down from 220.0% over the previous 30 days (July 17 - August 15) and down from 2,366.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Cobourg stood at 46 days when successfully sold over the last 30 days (August 16 - September 14), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Service Real Estate Inc.
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