425 - 240 Chapel Street
Cobourg, ON
- 1 bed
- 1 bath
- approx. 500-599 sqft
- Condo Apartment
- 88 days on market
NEW PRICE! EXCEPTIONAL VALUE AT $229,900 - FULL-SERVICE SENIOR LIVING AT PALISADE GARDENS! Discover worry-free, independent senior living with all the comforts and conveniences of a full-service community. Now offered at a newly reduced price, this beautiful condo suite at Palisade Gardens provides an affordable path to homeownership in one of Cobourg's most sought-after retirement residences.Step inside to experience a bright, comfortable, and low-maintenance layout designed with accessibility and everyday ease in mind. Be sure to explore our updated photo gallery featuring fresh virtual staging to easily visualize how your own furniture and personal decor will look in the space.As an owner at Palisade Gardens, you enjoy a seamless blend of independence and support. Living at Palisade Gardens combines independent ownership with a monthly service package that covers your foundational amenities and dining. For those who want extra flexibility, additional dining options and personalized care or support services can easily be added as your lifestyle or needs change over time.Comparing the high monthly costs of traditional full-service retirement rental units to homeownership makes this property a smart financial choice. Owning your suite allows you to maintain your equity and retain your real estate investment while still enjoying 24/7 staff presence, community activities, and top-tier amenities, all just steps from health services, local shopping, and Cobourg's charming waterfront. Schedule your private viewing today to discover the lifestyle waiting for you at Palisade Gardens!
Listing Details
- Taxes (2026)
- $3,137
- Originally Listed
- $239,000
- Listed
- June 22, 2026
Price History
Listing history
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Property
- Style
- Apartment
- Construction
- Brick
- Interior
- Countertop Range, Water Heater Owned, Wheelchair Access
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Chapel St & D'Arcy St
- Parcel Number
- 518610185
- Possession
- Immediate
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $551/month
- Fee Includes
- Water Included, Building Insurance Included, Parking Included, Common Elements Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- None
Included
- Inclusions
- All Appliances: Fridge, StoveTop, Built-In Convection Oven/Microwave Combo, Dishwasher, All in One Washer/Dryer, Light Fixtures, Window Coverings, Owned Hot Water Tank
Schools
Elementary
- C R Gummow Public School0.4 km
Public · Kawartha Pine Ridge DSB · 795 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 53% met the provincial standard
- St. Michael Catholic Elementary School0.8 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 160 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 44% met the provincial standard
- Merwin Greer Public School1.4 km
Public · Kawartha Pine Ridge DSB · 130 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 35% met the provincial standard
Secondary
- Cobourg Collegiate Institute0.5 km
Public · Kawartha Pine Ridge DSB · 1110 students
Grade 10 literacy: 81% met the provincial standard
- Centre for Individual Studies Northumberland1.5 km
Public · Kawartha Pine Ridge DSB · 115 students
- St. Mary Catholic Secondary School2.4 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 835 students
Grade 10 literacy: 75% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K9A
- Population
- 26,757
- Private dwellings
- 11,937
- Median age
- 53.2
- Average household size
- 2.3
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Cobourg · last 12 months
- Median sold price
- $636,250
- Homes sold
- 354
- Median days on market
- 27
- Sale-to-list price
- 97.5%
Based on 354 recorded sales of residential condo & other properties in Cobourg over the last 12 months.
Listed by
Royal LePage Frank Real Estate
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$45,980
Estimated Monthly Payment
$1,129
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,129/mo (20% down, 5.5%)
Taxes: $261/mo · Insurance: $57/mo
Maint: $551/mo
Estimates only. Consult a financial advisor.
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