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Property Description
Welcome to one of the most beautiful and beautifully located condos in the heart of all downtown Cobourg has to offer / 201 - 79 King St W! This condo is located STEPS to shopping, fine dining, cafes, the City Market, parks, anything and everything you would expect in thriving town. It is also just 2 blocks from Cobourg's spectacular waterfront - marina, boardwalk and beaches. The condo boasts over 1,200 square feet of character with crown molding, hardwood floors throughout, large west facing windows and French doors that allow in lots of natural light and a personal 39 foot terrace where you may use a BBQ! The condo features an open concept custom kitchen, living room, and dining room, 2 good sized bedrooms and two full bathrooms. The primary bedroom has a beautiful 3 piece en-suite. There is in-suite laundry, and a detached garage bay space with enough room for storage! To complete the package are high-end appliances. The elevator or stairs allow easy access to the unit and parking garage. This condo is a must see and will make its new owner a fantastic home and an even better investment as Cobourg continues to flourish!
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Extras
Sellers pay $136 a month in equal billing for heat and hydro
Property Features
Beach, Hospital, Lake/Pond, Marina, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$5,060 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.28' x 26.48' | Hardwood Floor, W/O To Terrace, Crown Moulding |
| Dining | Main | 8.53' x 15.94' | Hardwood Floor, W/O To Terrace, Crown Moulding |
| Kitchen | Main | 8.53' x 10.63' | Hardwood Floor, B/I Dishwasher, Crown Moulding |
| Br | Main | 15.12' x 21.62' | 3 Pc Ensuite, W/I Closet, Hardwood Floor |
| 2nd Br | Main | 9.42' x 18.57' | Murphy Bed, W/I Closet, Hardwood Floor |
| Bathroom | Main | 10.33' x 11.29' | 3 Pc Ensuite, Slate Flooring |
| Bathroom | Main | 5.58' x 7.94' | 4 Pc Bath, Ceramic Floor |
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Cobourg Market Statistics
Cobourg Price Trend
79 King St W 201 is a 2-bedroom 2-bathroom condo listed for sale at $620,000, which is $28,889 (4.9%) higher than the average sold price of $591,111 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Cobourg increased by $9,958 (1.7%) compared to the previous 30 day period (July 20 - August 18) and up $141,111 (31.4%) from the same time one year ago.Inventory Change
There were 3 2-bedroom condos listed in Cobourg over the last 30 days (August 19 - September 17), which is up 50.0% compared with the previous 30 day period (July 20 - August 18) and down 66.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Cobourg typically sold ($15,876) (2.7%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,131 decrease compared to the previous 30 day period (July 20 - August 18) 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 2-bedroom condos in Cobourg over the last 30 days (August 19 - September 17) stood at 300.0%, down from 1,300.0% over the previous 30 days (July 20 - August 18) and up from 55.6% 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 68 days when successfully sold over the last 30 days (August 19 - September 17), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Our Neighbourhood Realty Inc.
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