Location, Location, Location! Great Lake Views in South-West Cobourg. Discovering a corner lot with an unobstructed view of Lake Ontario out your front window is a true rarity. This 3-bedroom, 1-bath bungalow with a carport is a fantastic opportunity for investors, renovators, or anyone looking to build a custom dream home in one of Cobourg's finest neighborhoods. Steps from Tut Gutteridge Park, Monk's Cove, and community gardens, the location is second to none. Best of all, you are just minutes away from the vibrant downtown core and the beach. Live in it, rent it out, or transform it-properties with this view and potential do not come along often. Listen to the waves from your front yard and say hello to a wonderful community. Opportunities like this are few and far between.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $777 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 478 Monk St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
Full, Unfinished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
478 Monk St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$2,673
/mo
based on the purchase price of $544,000
$108,800 cash
$435,200 financed
$366,553 total interest
Principal54%$435,200
Interest46%$366,553
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.
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.
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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 2–4 bed homes for sale in Cobourg around $544K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.8%On average, homes sold below asking.
Active listings221Homes for sale here right now.
Median vs prior 90 days+4.1%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 147 sales from Jul 16 – Oct 14, 2026 (101 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 478 Monk St
How much is 478 Monk St listed for?
478 Monk St is listed at $544,000 (MLS® X13713180). Summitly updates the price as soon as the MLS® record changes.
Is $544,000 a good price for 478 Monk St?
Summitly rates it Well Above Market: the asking price is 15% or more 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
Has the price of 478 Monk St changed?
Yes — it was first listed at $559,000 and is now $544,000, a drop of $15,000 (2.7%).
How many bedrooms and bathrooms does 478 Monk St have?
478 Monk St has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Cobourg.
How much would the monthly mortgage be on 478 Monk St?
About $2,673 a month — principal and interest on $544,000 with 20% down ($108,800), 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 478 Monk St compare with other homes in Cobourg?
Its asking price of $544,000 is about 15% below the median sold price in Cobourg over the last 90 days, $640,000, across 147 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 478 Monk St been sold before?
Summitly has no earlier MLS® sale or lease of 478 Monk St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 478 Monk St?
478 Monk St is in Cobourg, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 478 Monk St been on the market?
49 days — 478 Monk St was listed on August 26, 2026.
What is the price per square foot of 478 Monk St?
About $495 to $777 per square foot: the asking price of $544,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 478 Monk St have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 478 Monk St have a basement, and is it finished?
The listing describes the basement as: Full, Unfinished.
