Live In The Heart Of Cobourg! Located Within Walking Distance To Cobourg Beach, Historic Downtown Shops And More Amenities. Main Level Includes A Spacious Kitchen, Dining And Living Room Areas, And Powder Room. Primary Bedroom Features An Ensuite Bathroom, With 2 Additional Bedrooms, Seperate Full Bathroom And Laundry On The Second Level. Remodelled In 2016-2017 To Offer Over 2,000 Sq.Ft. Of Living Space. Amazing Opportunity For First-Time Home Buyers, Investors Or Anyone Looking To Live Steps Away From Downtown Cobourg.
3 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $255 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 7 University Ave E
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
1 space
Basement
Partial Basement
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
Partial Basement
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
7 University Ave E 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
$2,505
/mo
based on the purchase price of $510,000
$102,000 cash
$408,000 financed
$343,643 total interest
Principal54%$408,000
Interest46%$343,643
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 2–3 bed homes for sale in Cobourg around $510K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.8%On average, homes sold below asking.
Active listings224Homes 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 7 University Ave E
How much is 7 University Ave E listed for?
7 University Ave E is listed at $510,000 (MLS® X14030938). Summitly updates the price as soon as the MLS® record changes.
Is $510,000 a good price for 7 University Ave E?
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 7 University Ave E changed?
No — 7 University Ave E is still listed at its original asking price of $510,000.
How many bedrooms and bathrooms does 7 University Ave E have?
7 University Ave E has 3 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Cobourg.
How much would the monthly mortgage be on 7 University Ave E?
About $2,505 a month — principal and interest on $510,000 with 20% down ($102,000), 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.
How does 7 University Ave E compare with other homes in Cobourg?
Its asking price of $510,000 is about 20% 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 7 University Ave E been sold before?
Yes — Summitly has 1 earlier MLS® listing of 7 University Ave E on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 7 University Ave E?
7 University Ave E is in Cobourg, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7 University Ave E been on the market?
7 University Ave E was listed today (October 14, 2026).
What is the price per square foot of 7 University Ave E?
About $204 to $255 per square foot: the asking price of $510,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 7 University Ave E have parking or a garage?
Yes — the listing gives 1 parking space.
Does 7 University Ave E have a basement, and is it finished?
The listing describes the basement as: Partial Basement.
