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Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cobalt. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $59,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Prime Investment Opportunity in Historic Cobalt! Located in the core of town, this property holds excellent future potential as both a short-term rental or a primary residence. All exterior openings have been securely boarded up to prevent unauthorized entry. The sale includes all existing household contents left behind by the previously and lawfully evicted owner. Due to the limited timeline provided by the sheriff for removal, the house is currently full of belongings; the buyer receives full rights to keep or dispose of all contents. This property will be sold in "as-is" condition. The seller is not a local resident and has not been able to conduct a thorough interior inspection. INVESTMENT NOTE: The town is poised for growth due to the nearby Electra Battery Materials project, which is building North America's first battery-grade cobalt sulfate refinery to support the EV supply chain. This development is expected to significantly enrich the local economy.
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The current listing price for 77 Upper Helen Street, Cobalt, ON in Cobalt, Cobalt is $59,000.
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
77 Upper Helen Street, Cobalt, ON is a Detached (1 1/2 Storey) featuring a Crawl Space, Unfinished basement.
Key property features include: Beach, Greenbelt/Conservation, Lake Access, Library, Park.
Interior highlights include: Other.
Yes, this property offers parking space for 2.0 vehicles (None).
Heating is provided via Gas and cooling via None.
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Cobalt, Cobalt
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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Data-driven valuation for 77 Upper Helen Street, Cobalt, ON P0J 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobalt.
About Purchasing a Home in Cobalt, ON
For a property listed at $59,000 in Cobalt, the legal minimum down payment is $2,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $315 for this transaction. As this listing is in Cobalt (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $315.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Cobalt, Cobalt.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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