Semi-Raised Bungalow on Quiet Cul-de-Sac with Gazebo Deck

Property details for 1297 Alder Road, Cobourg

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 3
Lot Size: 33.3 x 116.5 FT
Stories: 1
Basement: Finished, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Exterior: Brick
Ownership: Freehold
Annual Taxes: $4,678 (2025)

Semi-raised bungalow with 3 beds and 3 baths, sitting on a 33.3 x 116.5 ft lot in a quiet cul-de-sac across from custom-built homes. The main level has an open-concept living and dining area with a gas fireplace, plus a kitchen with ample cabinetry and a walkout to a gazebo-covered deck over a fenced yard. Downstairs, you'll find a spacious rec room with above-grade windows, a third bedroom, and a full bath. There's also a laundry room and central vac. The home has a brick exterior, attached garage, and parking for 3 cars. It's freshly painted throughout. Located near Barnum House Museum (9.6 km). Asking $668,900, with taxes at $4,677.95. Comparable homes nearby are going for around $759k, so this one's priced to move.

About 1297 Alder Road, Cobourg — Property Score

Great Location Hot Market

Score: 68/100

Value

Priced 7.7% below area median of $724,900 based on 65 comparable properties nearby 82

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

3 bathrooms - 1 more than similarly priced properties nearby 72

3,879 sqft lot - a compact lot for the area 55

Location

$80K median household income - above the Canadian average of $70K 70

89% of residents hold postsecondary credentials - a highly educated neighbourhood 95

94% homeownership rate - indicating a stable, owner-occupied community 96

61% of residents commute under 30 minutes - excellent commuter accessibility 78

525/km² population density - a low-density residential area 65

Market

Just listed - area average is 67 days on market 100

+69% median price change over 1 month - rising prices in the area 100

22.3 months of housing supply - 89 active listings with 4 sold last month (buyer's market) 40

Features

3-car garage - area average is 4.4 spots 80

Finished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.7% effective tax rate ($4,677/yr) - below the Canadian average of ~1% 79

5% renter population - primarily owner-occupied area 36

Quality

Condition

Listing

46 photos provided - 24% more than the area average of 37 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.