394 Ontario Street

Welcome to an exceptional investment opportunity with this charming house for sale in Cobourg , located at 394 Street, Cobourg. This centrally situated raised bungalow is a prime choice for both savvy investors and first-time homebuyers looking to make their mark in the vibrant community of Cobourg, nestled in the picturesque Northumberland area.

As you approach the property at 394 Street, Cobourg, you'll be greeted by its appealing exterior, featuring durable vinyl siding that not only enhances its aesthetic but also promises low maintenance. This detached house is thoughtfully designed to maximise space and comfort, making it a delightful place to call home.

Stepping inside, the upper unit of this house for sale in Cobourg boasts two generous bedrooms, perfect for restful nights and peaceful mornings. The modern 4-piece bathroom is equipped with in-unit laundry, ensuring convenience for busy lifestyles. The heart of the home is undoubtedly the upgraded kitchen, which features a stunning cathedral ceiling that adds a sense of grandeur to your culinary adventures. The bright living and dining space is ideal for entertaining friends or enjoying quiet evenings with family, providing a warm and inviting atmosphere.

One of the standout features of this property is the seamless flow from the indoor spaces to the outdoors. Step outside onto the deck and into your spacious backyard oasis, where you can unwind or host summer barbecues. The lot measures a generous 50 x 97 feet, providing ample space for outdoor activities, gardening, or simply soaking up the sun. And let’s not forget, it’s just a short 10-minute walk to the beach, making those sunny days by the water easily accessible.

The lower unit of this house for sale in Cobourg offers even more potential, featuring a separate entrance that leads to a large bedroom, a 4-piece bathroom with convenient in-unit laundry, and a complete kitchen. The living and dining area in this unit is also drenched in natural light, creating a welcoming space for guests or potential tenants. This setup makes the property an excellent choice for those looking to generate rental income or accommodate extended family.

For those concerned about climate control, this bungalow is equipped with central air conditioning, ensuring comfort during the warmer months. While there is no fireplace, the forced air heating system keeps the home cosy during the colder seasons. Additionally, the property benefits from municipal water and sewer services, providing peace of mind for future homeowners.

Parking will never be an issue here, as the private driveway can accommodate up to three vehicles. Although there is no garage space, the convenience of private parking adds to the appeal of this house for sale in Cobourg.

It’s important to note that this home is unfurnished, allowing you the freedom to personalise the space to your taste. With a total of five rooms, including an additional den, this property is versatile and can easily adapt to your lifestyle needs.

In summary, this raised bungalow at 394 Street, Cobourg, presents a fantastic opportunity for anyone looking to invest in a property that offers both comfort and potential. With its prime location, spacious layout, and the added benefit of a separate entrance for the lower unit, this house for sale in Cobourg is not to be missed. Act quickly to secure your exclusive viewing of this remarkable home, and unlock the potential that awaits!

Cobourg, situated on the picturesque shores of Lake Ontario, is a charming town that seamlessly blends historical charm with modern amenities. Known for its beautiful sandy beaches and vibrant waterfront, Cobourg offers a delightful mix of outdoor activities and cultural experiences. The town boasts a rich heritage, evident in its well-preserved architecture and inviting downtown area, where you can find an array of quaint shops, cafes, and restaurants. With a strong sense of community spirit, Cobourg hosts various events throughout the year, fostering a welcoming atmosphere for residents and visitors alike. Its strategic location, just a short drive from larger urban centres, makes it an ideal place for those seeking a tranquil yet connected lifestyle.

Schools in the Neighbourhood

The property is conveniently located near several educational institutions, making it an ideal choice for families. Within a 2.5 km radius, you will find a variety of schools catering to different educational needs. Burnham Public School, just 1.0 km away, offers an English-language curriculum for grades K to 6. C.R. Gummow School, located 1.9 km from the property, provides French-language instruction for students from SK to grade 8. St. Michael Catholic Elementary School, only 0.7 km away, offers a French-language Catholic education for JK to grade 6. For older students, St. Joseph Catholic Elementary School and St. Mary Catholic Secondary School, both approximately 2.2 km and 2.5 km away respectively, provide a solid Catholic education from JK to grade 12. All schools are part of reputable school boards, ensuring a quality education for your children. Although the schools currently have a rating of 0, their proximity and variety in language and educational offerings present a promising opportunity for families seeking a nurturing environment for their children’s academic growth.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 421 residents, with an average household size of 1.9 individuals. The community's average age is 50.3 years, reflecting a mature demographic. The average household income stands at $64,000, with 12% of the population classified as low-income. The real estate market features an average property price of $550,000, indicating a relatively high-value area. Approximately 47.95% of residents are single, while 26.09% live in households with children, showcasing a mix of family and individual living situations. The community also has a notable proportion of renters, making up 44.44% of the housing arrangements, with no condos present in the area. Educational attainment is significant, with 50% of residents holding a college or university degree. However, a substantial 62.12% of the population is not in the labor force, which may reflect various factors such as retirement or other commitments. Additionally, 11.69% of the residents are immigrants, contributing to the area's diversity. Overall, this demographic snapshot reveals a community characterized by a blend of mature individuals, a mix of family structures, and a significant number of renters in a relatively affluent setting.