Welcome to Palisade Gardens - This Condominium is noted as one of Northumberland County's Premier Independent LivingRetirement Residences. Just steps from Cobourg's historic downtown shopping and amenities which include a range of coffee shops,restaurants, boutiques and Banks. If weather accommodates enjoy an amble around Cobourg's heritage Waterfront Park and marina. Thiscondo has a welcoming entrance with ramp and in and out driveway making it easy for family, friends or taxi's to pick you up or drop off. Themain floor provides access to many of the communal areas including front reception, meeting room, relaxing seating area with access to theinner landscaped courtyard, main dining room and library to name a few. Easy access to the unit floor via elevator and wide hallways lead toyour Unit. The Unit itself benefits from its own kitchen with warm wood cabinetry. The kitchen is combined with the dining area and livingroom so easy to chat with family and guests as you cook or brew a drink. The bedroom is spacious and benefits from a well sized closet. Closeto the bedroom is the bathroom which has step in shower benefiting from grab bar and there is also undersink storage cabinetry. Theconvenient washer and storage is in unit as well. Flooring in the Unit is easy maintenace and hard surface whether that be laminate or tile.Don't miss this opportunity to enjoy worry-free living. Palisdade offers flexible service packages which allow you to live independently andchoose only the services you want (Min service cost per month for owners in addition to the Condo fee). You can prepare your own meals or book a package to have dinners served in the dining room. In addition there are housekeeping and care services for an additional fee.Palisade offer a variety of social, recreational and health & wellness amenities with an easy and convenient monthly payment plan. They alsohave a shuttle bus and the schedule/sign up sheet is at reception
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $408 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 240 Chapel St #425
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
240 Chapel St #425 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14132370$204,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 240 Chapel St #425 Compares to the Cobourg Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,002
/mo
based on the purchase price of $204,000
$40,800 cash
$163,200 financed
$137,457 total interest
Principal54%$163,200
Interest46%$137,457
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
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.
For homeowners nearby
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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.
Similar homes for sale nearby in Cobourg
Other 1-bed homes for sale in Cobourg around $204K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings231Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 3 – Aug 1, 2026: prices down.
Based on 148 sales from Aug 1 – Oct 30, 2026 (105 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 240 Chapel St — plus its sale and lease history.
240 Chapel St #425 is listed at $204,000 (MLS® X14132370). Summitly updates the price as soon as the MLS® record changes.
Is $204,000 a good price for 240 Chapel St #425?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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
Has the price of 240 Chapel St #425 changed?
No — 240 Chapel St #425 is still listed at its original asking price of $204,000.
How many bedrooms and bathrooms does 240 Chapel St #425 have?
240 Chapel St #425 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Cobourg.
How much would the monthly mortgage be on 240 Chapel St #425?
About $1,002 a month — principal and interest on $204,000 with 20% down ($40,800), 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.
How does 240 Chapel St #425 compare with other homes in Cobourg?
Its asking price of $204,000 is about 68% below the median sold price in Cobourg over the last 90 days, $628,000, across 148 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.
Has 240 Chapel St #425 been sold before?
Summitly has no earlier MLS® sale or lease of 240 Chapel St #425 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 240 Chapel St #425?
240 Chapel St #425 is in Cobourg, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 240 Chapel St #425 been on the market?
240 Chapel St #425 was listed today (October 30, 2026).
What is the price per square foot of 240 Chapel St #425?
About $341 to $408 per square foot: the asking price of $204,000 over the 500–599 sq ft the listing gives as its size range.
Does 240 Chapel St #425 have parking or a garage?
Yes — the listing gives 1 parking space.
Does 240 Chapel St #425 have a basement, and is it finished?
The listing says 240 Chapel St #425 has no basement.
