403 - 120 University Avenue E

Nestled in the heart of the highly sought-after Ryerson Commons, this stunning townhouse for sale in Cobourg at 120 University Avenue E, Cobourg, is a true gem that has been meticulously renovated over the years, showcasing an impressive attention to detail. This condo townhouse, styled as a bungaloft, offers a perfect blend of timeless design and modern comfort, making it an ideal choice for those looking to downsize without compromise.

As you step inside this exquisite home, you are greeted by an open-concept living, dining, and kitchen area, where vaulted ceilings enhance the sense of spaciousness. This layout is not only perfect for everyday living but also ideal for entertaining guests. The living room, anchored by a beautifully crafted custom fireplace surround, seamlessly flows into a private, east-facing patio. This outdoor space is perfect for enjoying a morning coffee or indulging in your favourite hobbies, making this townhouse for sale in Cobourg a delightful retreat.

The property boasts two primary bedroom options, catering to a variety of lifestyle needs. On the main floor, you will find a well-appointed bedroom complete with an adjacent ensuite and a generous walk-in closet. Alternatively, the upstairs offers a secondary bedroom, which also features a designer ensuite and a walk-in closet, conveniently located off the loft-style family living room. Each of the three bathrooms in the townhouse provides a spa-like experience, highlighted by statement lighting, a standalone tub, and thoughtfully chosen neutral selections that create a serene atmosphere.

Another standout feature of this townhouse for sale in Cobourg is the partially finished basement, a rare find in the area. This space includes a full laundry room with ample storage and dedicated areas for drying and folding laundry. Additionally, there are two extra rooms that can be utilised for hobbies, guests, or even a home office, alongside a large utility room and workshop. The versatility of this space adds tremendous value to the property, making it a practical choice for a variety of lifestyles.

Further enhancing the appeal of this property at 120 University Avenue E, Cobourg, is the bonus room on the main floor, which can serve as an office, library, or guest accommodation. The convenience of main floor laundry hookups, currently utilised as a pantry, adds to the practicality of this home. Residents will appreciate the benefits of maintenance-free living, with snow removal included in the condo fees and ample visitor parking available for guests.

The townhouse for sale in Cobourg also boasts modern amenities, including central air conditioning to keep you cool during the warmer months, and a newly installed furnace/heat pump (2023) along with new piping throughout (2025). The property is ideally located within walking distance to the beach, the charming Heritage downtown area, and a variety of local shops, dining, and entertainment options, ensuring that you are never far from the vibrant community of Cobourg.

With an attached garage providing ease of access and additional storage, along with a lovely patio for outdoor enjoyment, this home truly offers the best of both worlds: the luxury of a spacious townhouse and the low-maintenance lifestyle of condo living. If you are searching for a townhouse for sale in Cobourg that combines elegance with practical comfort, look no further than this exquisite property at 120 University Avenue E, Cobourg. Here, you can enjoy laid-back luxury living in a community that has so much to offer. Don’t miss out on the opportunity to make this beautiful home your own!

Cobourg, nestled along the picturesque shores of Lake Ontario, is a charming town that beautifully blends historical character with modern amenities. Known for its stunning waterfront, residents enjoy scenic parks, sandy beaches, and a vibrant marina, making it a perfect spot for outdoor enthusiasts. The town's rich heritage is reflected in its well-preserved architecture and quaint downtown area, where you’ll find a delightful mix of boutique shops, cafes, and cultural attractions. With a strong sense of community spirit and a variety of local events throughout the year, Cobourg offers a welcoming atmosphere for those seeking a peaceful yet engaging lifestyle. Whether you're strolling along the lakeside promenade or exploring the local arts scene, Cobourg provides a delightful setting for both relaxation and recreation.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to families with children of various ages. Within a short distance, you will find Burnham Public School (2.0 km) and C.R. Gummow School (0.8 km), both offering elementary education with a focus on English and French languages, respectively. St. Joseph Catholic Elementary School (1.4 km) and St. Michael Catholic Elementary School (0.5 km) provide Catholic education options, with St. Michael emphasizing French language instruction. For secondary education, St. Mary Catholic Secondary School is located just 1.9 km away, offering a robust curriculum for grades 9 to 12 in both English and French. The schools are part of reputable school boards, including the Kawartha Pine Ridge District School Board and the Peterborough Victoria Northumberland and Clarington Catholic District School Board. While the school ratings are currently not available, the proximity of these institutions makes this property an attractive option for families prioritizing education. With a variety of public and Catholic schools nearby, parents can choose the best fit for their children’s educational needs.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 790 residents, characterized by an average household size of 1.7 individuals. The demographic profile indicates a mature community, with an average age of 58.4 years. The average household income stands at $78,000, although 13.4% of the population is classified as low-income. The real estate market reflects a median property price of $560,000, with 55.17% of residents renting their homes. Notably, 50.34% of the population is single, and only 16.28% of households include children, suggesting a predominantly adult demographic. Additionally, the area is home to a diverse population, with 11.81% being immigrants. The educational attainment is relatively high, with over half (51.09%) of residents holding a college or university degree. However, a significant portion of the population, 54.01%, is not actively participating in the labor force. The housing market also features a notable percentage of condominiums, comprising 29.89% of the residential options. Overall, this community presents a unique blend of mature residents, a strong educational background, and a significant rental market, making it an interesting area for potential buyers or investors.