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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Cobourg
  • Cobourg
  • 240 Chapel Street
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  • Sold Sold in Aug 2025
  • Condo Apt

325 - 240 Chapel Street

Cobourg, Cobourg
  • 1 Bedrooms
  • 1 Bathrooms
  • 0 Garage
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Sold Price: $ 235,000
12.26%
Listed Price: $ 267,850
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Key Facts About 325 - 240 Chapel Street, Cobourg

  • Tax $2,756 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $517
  • Building Age 16-30
  • Size 500 - 599 feet²
  • Parking 0 garage, 1 parking
  • Listing # X12296453
  • Data Source PROPTX
  • Days on Market 24
  • Listed On 20/07/2025
  • Updated On 07/11/2025
  • Market Demand
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Description

For more info on this property, please click the Brochure button. Welcome to Palisade Gardens, voted #1 retirement living community in Cobourg, Ontario. Whether you're looking for independent living with peace of mind, a vibrant community to enjoy your retirement years or for an investment property, this condo offers it all in a supportive environment walking distance to Cobourg Beach and downtown shops/restaurants. For residents aged 60+, this bright and beautifully maintained 1-bedroom, 1-bathroom condo offers a peaceful view of the landscap

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Property Details of 325 - 240 Chapel Street, Cobourg

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Cobourg
  • Municipality Cobourg

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Kitchen 1
  • Rooms 4
  • Family Rooms Y
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Other

Building

  • Size 500 - 599 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick, Stone
  • Amenities Concierge, Exercise Room, Game Room, Media Room, Recreation ...View More
  • Building Age 16-30

Parking

  • Garage 0
  • Parking Places 1
  • Total Parking Places 1

Land

  • Zoning I
  • Cross Street King St E & D'Arcy St

Features

  • Beach Y
  • Hospital Y
  • Marina Y
  • Place Of Worship Y
  • Rec./Commun.Centre Y
  • Waterfront Y

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Our Estimate

Estimated Rent

$ 1,991

Rental Yield

6.30%

School Score

2.6/10

Rental Score

5/5

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Rooms

Primary Bedroom (3.23X3.15 metre)
Level: Flat
Bathroom (2.74X1.52 metre)
Level: Flat
Kitchen (2.44X3.25 metre)
Level: Flat
Living Room (3.45X2.87 metre)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,086

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $517
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 325 - 240 Chapel Street, Cobourg

Welcome to the stunning condo for sale in Cobourg , located at 240 Chapel Street, Cobourg. This delightful property is nestled within the renowned Palisade Gardens, which has been voted the number one retirement living community in Cobourg, Ontario. If you're on the lookout for a peaceful and vibrant place to enjoy your retirement years or perhaps seeking an investment opportunity, this condo for sale in Cobourg ticks all the boxes.

As you step into this beautifully maintained one-bedroom, one-bathroom apartment, you’ll immediately notice the bright and airy atmosphere that fills the space. The condo boasts a total of four rooms, providing ample space for comfortable living. The living and dining area is particularly inviting, flooded with natural light and offering a lovely view of the landscaped courtyard, perfect for those quiet evenings at home. The property is situated just a stone's throw from the elevator, making it easily accessible for all residents.

The galley kitchen is a chef's delight, equipped with modern conveniences including a new fridge, cooktop, convection oven/microwave, and dishwasher. With generous cabinet space and built-in appliances, cooking and entertaining will be a breeze. Additionally, this condo for sale in Cobourg features an in-suite washer and dryer unit, adding to the convenience of everyday living.

The spacious bedroom is designed for comfort, also overlooking the serene courtyard. It features a double closet, providing plenty of storage for your belongings. The accessible four-piece bathroom is thoughtfully designed with a walk-in bath/shower, ensuring safety and ease of use for all residents. Clean, bright, and fully accessible, this condo is perfect for those aged 60 and above who are looking for a supportive living environment.

Living at 240 Chapel Street, Cobourg means you’ll have access to a wealth of amenities that enhance your lifestyle. The building offers a storage locker for each resident, along with parking for both residents and guests. For those who enjoy socialising, there’s a theatre room, beauty salon, pub, dining area, bar/lounge, and a library. The variety of activities and entertainment options available will support an active and engaging lifestyle, making this condo for sale in Cobourg a fantastic choice for anyone looking to immerse themselves in a vibrant community.

Please note that residents are required to enrol in a cost-effective monthly service package with Palisade Gardens. This package includes daily breakfast, ten additional meals per month, weekly housekeeping and laundry services, 24/7 emergency nursing response, health monitoring, and access to in-house programmes and events. This ensures that you can enjoy worry-free living, allowing you to focus on what truly matters—your comfort and happiness.

The location of 240 Chapel Street, Cobourg is simply unbeatable. Just a short walk away, you’ll find the beautiful Cobourg Beach, perfect for leisurely strolls or enjoying a sunny day by the water. The downtown area is also nearby, offering a variety of shops and restaurants to explore. Whether you’re looking to relax by the beach or enjoy a meal out, everything you need is within easy reach.

In summary, this condo for sale in Cobourg at 240 Chapel Street, Cobourg, is a wonderful opportunity for those seeking a supportive and engaging living environment. With its array of amenities, bright and accessible living space, and prime location, it’s perfect for both retirees and investors alike. Don’t miss out on this chance to be part of a community known for its exceptional care and lifestyle. Come and see for yourself what makes this condo for sale in Cobourg such a special place to call home!

Cobourg, nestled on the picturesque shores of Lake Ontario in Northumberland County, offers a charming blend of historical charm and modern amenities. This vibrant town is renowned for its stunning waterfront, complete with sandy beaches and scenic parks, making it an ideal spot for outdoor enthusiasts. The historic downtown area boasts a delightful array of shops, cafes, and cultural attractions, including the renowned Victoria Hall. Cobourg’s strong sense of community is reflected in its numerous festivals and events throughout the year, fostering a welcoming atmosphere for residents and visitors alike. With its convenient access to major highways and proximity to larger urban centres, Cobourg presents an appealing option for those seeking a serene yet connected lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find C.R. Gummow School, just 0.3 km away, offering a French-language curriculum for students from Senior Kindergarten to Grade 8. Additionally, St. Michael Catholic Elementary School is only 0.9 km away, providing a French-language education for students from Junior Kindergarten to Grade 6. For older students, St. Mary Catholic Secondary School, located 2.4 km from the property, serves Grades 9 to 12 with a Catholic curriculum in both English and French. Other nearby schools include Burnham Public School, which offers an English-language program for Kindergarten to Grade 6 at a distance of 2.5 km, and St. Joseph Catholic Elementary School, 1.8 km away, catering to students from Junior Kindergarten to Grade 8. Overall, the area boasts a variety of educational options, including public and Catholic schools, ensuring that families have access to quality education for their children within a convenient range.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 545 residents, characterized by an average household size of 1.8 individuals. The demographic profile indicates a mature community, with an average age of 56.6 years. Economically, the average household income stands at $84,000, with a relatively low percentage of low-income households at 7.8%. The real estate market reflects an average property price of $570,000, with 52.58% of the population being single and 26.92% of households comprising children. The rental market is significant, with 50.82% of residents renting their homes, while only 8.2% live in condominiums. The area also has a diverse population, with 11.61% being immigrants. Education levels are notably high, with 61.46% of residents holding a college or university degree. However, a considerable portion of the population, 46.88%, is not in the labor force, indicating potential challenges in employment opportunities. Overall, this community presents a blend of stability, education, and a significant rental market, making it an intriguing area for potential homebuyers and investors alike.

FAQs About 325 - 240 Chapel Street, Cobourg

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Cobourg is 500 - 599.

How many parking spaces are available with this property?

240 Chapel Street boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 240 Chapel Street?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $517.00.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 325 - 240 Chapel Street, Cobourg

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Listing History

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