494 Elgin St 25

Cobourg, Cobourg, K9A 4T6
FOR SALE
$424,900
494 Elgin St 25, Cobourg
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
494 Elgin St 25
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
X9370636
MLSID
Contact Us
Property Description
Looking to invest in a rental property? Downsizing? 1st time buyers? This very well maintained & renovated home has it all. 3 bedroom townhouse features a modern upgraded kitchen with stainless steel appliances (negotiable) and a large pantry cupboard. Upstairs you will find 3 bedrooms & a 4 piece bath. The lower level has a rec-room, laundry/guestroom & 2 pc bath with plumbing for a shower, and a walkout to a private patio. Low maintenance laminate & vinyl flooring throughout. Newer windows including patio sliding door. Property is a mere walk to shopping, dining, recreation, medical services. A two minute drive will take you to the Cobourg Hospital, more shopping malls, & the 401 Highway, Cobourg beach and historical buildings are just 5 minutes away.
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Rec Centre
Property Details
Street
Community
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$2,399 (2024)
Basement
Fin W/O, Finished
Exterior
Brick, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenGround10.99' x 12.99'Pantry, Eat-In Kitchen
LivingGround12.40' x 16.60'
Prim BdrmUpper10.01' x 13.62'
2nd BrUpper10.40' x 12.99'
3rd BrUpper8.99' x 10.20'
BathroomUpper4.99' x 8.40'4 Pc Bath
RecBsmt10.99' x 19.00'Ceramic Floor, W/O To Patio
LaundryBsmt10.99' x 12.40'
BathroomBsmt4.00' x 6.00'2 Pc Bath
Cobourg Market Statistics
Cobourg Price Trend
494 Elgin St 25 is a 3-bedroom 2-bathroom townhome listed for sale at $424,900, which is $555,100 (56.6%) lower than the average sold price of $980,000 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 3 bedroom townhome in Cobourg increased by $310,000 (46.3%) compared to the previous 30 day period (August 18 - September 16) and up $80,100 (8.9%) from the same time one year ago.
Inventory Change
There were 6 3-bedroom townhomes listed in Cobourg over the last 30 days (September 17 - October 16), which is up 50.0% compared with the previous 30 day period (August 18 - September 16) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Cobourg typically sold ($29,950) (3.1%) below asking price over the last 30 days (September 17 - October 16), which represents a $10,950 decrease compared to the previous 30 day period (August 18 - September 16) and $0 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 3-bedroom townhomes in Cobourg over the last 30 days (September 17 - October 16) stood at 33.3%, up from 25.0% over the previous 30 days (August 18 - September 16) and up from 25.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in Cobourg stood at 33 days when successfully sold over the last 30 days (September 17 - October 16), compared to 80 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 All-Pro Realty (1993) Ltd.
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