Cobourg, ON · · MLS® X14012246Updated
$425,000Est. $2,088/mo mortgage
229 Water St is a 2-bedroom, 1-bathroom detached home in Cobourg, listed for $425,000. It has 700-1100 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Steps from Cobourg Beach | Generous Lot | Opportunity on Water Street Location, lot and potential come together in this brick bungalow just a short stroll from Cobourg Beach and close to downtown.Set on a generously sized lot with a large paved private driveway, the property offers plenty of outdoor space for gardening, entertaining or creating your own outdoor oasis. Featuring 2 bedrooms, this property is a fantastic opportunity for buyers looking to renovate and create a home tailored to their own taste and vision. The home is livable and a move-in fixer-upper, offering plenty of scope for improvement and value-add potential. Whether you're looking for an affordable entry into a sought-after neighbourhood, a renovation project, or simply a home in a terrific location with a great-sized lot, this Water Street property offers plenty of potential.Just steps to the beach, close to downtown Cobourg, and surrounded by the charm of one of Ontario's most desirable lakeside communities - bring your ideas and make this one your own!
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $607 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Cobourg market reportSold prices are shown free to signed-in members, as board rules require.
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528 Barbara Street
3 bd · 2 ba · Detached
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19 Coverdale Avenue
3 bd · 3 ba · Detached
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550 Lakeshore Road
3 bd · 1 ba · Detached
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746 Northwood Drive
3 bd · 1 ba · Detached
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1184 Alder Road
2 bd · 3 ba · Detached
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348 Cottesmore Avenue
3 bd · 2 ba · Detached
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home229 Water Street 2 bd · 1 ba · 700 sqft | $425,000asking | $607 | — | — |
| 528 Barbara Street 3 bd · 2 ba · 700 sqft | ||||
| 19 Coverdale Avenue 3 bd · 3 ba · 1,500 sqft | ||||
| 550 Lakeshore Road 3 bd · 1 ba · 700 sqft | ||||
| 746 Northwood Drive 3 bd · 1 ba · 1,500 sqft | ||||
| 1184 Alder Road 2 bd · 3 ba · 1,100 sqft | ||||
| 348 Cottesmore Avenue 3 bd · 2 ba · 1,100 sqft |
3 bd · 2 ba · 700 sqft
3 bd · 3 ba · 1,500 sqft
3 bd · 1 ba · 700 sqft
3 bd · 1 ba · 1,500 sqft
2 bd · 3 ba · 1,100 sqft
3 bd · 2 ba · 1,100 sqft
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20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: Royal Service Real Estate Inc., BrokerageMLS® X14012246 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Other 2–3 bed homes for sale in Cobourg around $425K.
Homes for sale in Cobourg
Every active Cobourg MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 150 sales from Jul 15 – Oct 13, 2026 (99 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
229 Water St is listed at $425,000 (MLS® X14012246). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Cobourg. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
No — 229 Water St is still listed at its original asking price of $425,000.
229 Water St has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Cobourg.
About $2,088 a month — principal and interest on $425,000 with 20% down ($85,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Its asking price of $425,000 is about 34% below the median sold price in Cobourg over the last 90 days, $640,000, across 150 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 229 Water St on record from the last two years. Older records aren't shown under TRREB rules.
229 Water St is in Cobourg, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
229 Water St was listed today (October 13, 2026).
About $386 to $607 per square foot: the asking price of $425,000 over the 700–1,100 sq ft the listing gives as its size range.
Yes — the listing gives 5 parking spaces.
The listing describes the basement as: Full, Partially Finished.
