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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 4 days ago

    1240 Alder Road

    Cobourg·Cobourg, ON·K9A 5W5·Near Alder Road & Parkview Hills Dr

    • 3 beds
    Cobourg real estate›X13487362
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    The exceptional curb appeal and meticulously landscaped grounds are just the beginning of what makes 1240 Alder Rd truly remarkable. Nestled on a picturesque ravine lot in a sought-after neighbourhood, this custom-built executive home offers an impressive blend of elegance, comfort, and thoughtful design. Step through the covered front porch into a stunning foyer, where a crystal chandelier, large-format porcelain tile, and rich hardwood flooring create an immediate sense of sophistication. The open-concept main floor is designed for both entertaining and everyday living. The custom kitchen features a large eat-in island, premium countertops, and a striking tile backsplash, flowing seamlessly into the formal dining area and sun-filled living room with a floor-to-ceiling stone feature wall and gas fireplace. A walkout from the kitchen leads to a composite deck with a beautiful sunroom overlooking the ravine, a dedicated BBQ area with natural gas hookup, and a second walkout from the main-floor primary suite. This private retreat features a spa-inspired 5-piece ensuite with custom tile, heated floors, walk-in shower, and soaker tub. A powder room and interior access to the attached two-car garage complete the main level. Upstairs, you'll find a 2nd primary suite with its own well-appointed 5-piece ensuite, a 3rd bedroom that could also be well suited for an executive home office, and a conveniently located laundry closet. The fully finished walkout basement offers high ceilings, large windows, and access to a lower composite deck with a Beachcomber hot tub. This level also includes a spacious 4th bedroom, a 3-piece bathroom, a generous recreation room with a Napoleon gas fireplace, and a second laundry rough-in in the utility room. The beautifully landscaped two-tiered ravine lot truly sets this property apart. A staircase leads to a peaceful lower-level featuring a meandering creek, mature gardens, and a garden shed, creating a private backyard oasis to enjoy.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 25, 2026ListedCurrentFor sale$1,375,000 —X13487362This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 1240 Alder Road
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $6,755
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $748
    0.65% mill rate · ON
    The market

    How this home sits in the Cobourg market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Cobourg market right now

    Average sold price, days on market, and closed-transaction count for Cobourg — sourced from MLS®.

    • Avg sold price
      $660,173
      Last 30 days
    • Median sold price
      $630,000
      Middle of the market
    • Days on market
      36 d
      Avg from list to close
    • Closed last 30d
      103
      MLS® transactions
    Full Cobourg market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1240 Alder Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 1240 Alder Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 1240 Alder Road listed for?

      1240 Alder Road is listed at $1,375,000 on the MLS® (listing X13487362). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1240 Alder Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 4 baths
  2. 2000-2500 sqft
  3. Detached
  4. Asking
    $1,375,000
    $0 / sqft · MLS® X13487362
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $660,173
    $607,359Confidence range$712,987
    Asking vs estimate
    ↑↑well-above
    +$714,827
    (+108.3%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Cobourg sell in about 36 days — this one has been listed 4 days.

    Avg sold price
    $660,173
    Median sold
    $630,000
    Avg days on market
    36
    Recently sold
    103
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Nestled on a picturesque ravine lot in a sought-after neighbourhood, this custom-built executive home offers an impressive blend of elegance, comfort, and thoughtful design.
    • A walkout from the kitchen leads to a composite deck with a beautiful sunroom overlooking the ravine, a dedicated BBQ area with natural gas hookup, and a second walkout from the main-floor primary suite.
    • This private retreat features a spa-inspired 5-piece ensuite with custom tile, heated floors, walk-in shower, and soaker tub.
    • The fully finished walkout basement offers high ceilings, large windows, and access to a lower composite deck with a Beachcomber hot tub.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  6. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    6
    Driveway
    Private
  7. Interior

    4
    Basement
    Finished with Walk-Out
    Family room
    N
    Kitchens
    1
    Total rooms
    8
  8. Exterior & construction

    4
    Exterior
    Brick, Stone
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    None
  9. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  10. Room-by-room · 11 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    6 rooms
    • Foyer
      Irregular Room
      13.0 × 11.3 ft
    • Kitchen
      13.2 × 12.5 ft
    • Dining Room
      13.2 × 13.4 ft
    • Primary Bedroom
      Irregular Room
      13.2 × 18.8 ft
    • Living Room
      14.9 × 17.8 ft
    • Sunroom
      14.0 × 18.4 ft

    Second level

    2 rooms
    • Primary Bedroom
      Irregular Room
      18.9 × 17.6 ft
    • Bedroom
      Irregular Room
      15.5 × 12.7 ft

    Basement level

    3 rooms
    • Bedroom
      12.4 × 14.4 ft
    • Recreation
      Irregular Room
      19.1 × 34.9 ft
    • Utility Room
      9.1 × 12.3 ft
    Combined estimate
    $7,503
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $6,755
    /mo
    based on the purchase price of $1,375,000
    $275,000 cash
    $1,100,000 financed
    $926,489 total interest
    Monthly payment$6,755/ month
    Principal54%$1,100,000
    Interest46%$926,489

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Cobourg

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 449 King Street
      Sold
      Sign in for price
      449 King Street
      Detached
    • 265 Fred Pratt Street
      Sold
      Sign in for price
      265 Fred Pratt Street
      Detached
    • 1007 Glenhare Street
      Sold
      Sign in for price
      1007 Glenhare Street
      Detached
    • 219 Nickerson Drive
      Sold
      Sign in for price
      219 Nickerson Drive
      Detached
    • 950 Curtis Crescent
      Sold
      Sign in for price
      950 Curtis Crescent
      Detached
    • 1031 Otto Drive
      Sold
      Sign in for price
      1031 Otto Drive
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1240 Alder RoadThis home3 / 420,002,500$1,375,000ask———
    449 King Street3 / 31,500—
    265 Fred Pratt Street2 / 21,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Cobourg

    Active listings within ±20% of this asking price.

    • 421 Foote Crescent
      $1,199,000
      421 Foote Crescent
      Detached 3 3
    • 421 Foote Crescent
      $1,199,000
      421 Foote Crescent
      Detached 3 3
    • 213 Suzanne Mess Boulevard
      $1,499,000
      213 Suzanne Mess Boulevard
      Detached 3 5
    • 77 Havelock Street
      $1,649,000
      77 Havelock Street
      Detached 4 3
    • 9340 Danforth Road
      $1,375,000
      9340 Danforth Road
      Detached 3 2
    • 233 Huycke Street
      $1,165,000
      233 Huycke Street
      Detached 4 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of Royal Lepage Proalliance Realty · displayed on Summitly per MLS® data-share rules

    1240 Alder Road is a 3-bedroom, 4-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 1240 Alder Road built?

    The year built for 1240 Alder Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 1240 Alder Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1240 Alder Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 1240 Alder Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,375,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 1240 Alder Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1240 Alder Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 1240 Alder Road in?

    1240 Alder Road is in Cobourg, Cobourg. The 'Neighbourhood' section below links to the live Cobourg real estate hub with average sold price, days on market, and current inventory.

  20. Is Cobourg a good place to live?

    Cobourg is one of ON's actively-tracked Summitly markets. The full Cobourg real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 1007 Glenhare Street
    3 / 2
    1,500
    —
    219 Nickerson Drive3 / 1700—
    950 Curtis Crescent3 / 2700—
    1031 Otto Drive3 / 31,500—