42 Prospect Avenue, Cobalt, ON

$85,500
MLS#:T12321099
Evaluating your home's equity?Sold Guarantee* →
1 beds
2 baths
700-1100 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.

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Added:Aug 1, 2025(393 days ago)
Updated:Nov 5, 2025(297 days ago)
Last Checked:20 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cobalt. Expertly crafted featuring premium vinyl siding and wood construction, this residence presents an exceptional opportunity offered at $85,500 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.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 27 x 66 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Built-In Oven
  • Efficient forced air heating via gas

Description

This could be your new home! This spacious one-bedroom house features a separate den with a double-sided gas fireplace, perfect for watching TV or entertaining. The kitchen comes equipped with a built-in oven, Jenn-Air stovetop, washer, dryer nearby, and a double-door fridge. The master bedroom offers a peaceful retreat with its ensuite bathroom, soak in your jet tub while watching the fireplace flames, the ensuite includes a sink, a toilet and a large closet making it easy to get ready in the morning. A second bathroom is conveniently located off the dining room and consists of a shower, toilet, and sink. This home maximizes its lot space, and parking is conveniently located on a quiet street. Enjoy the bright sunroom, an ideal spot for reading or people watching. Make this home yours by adding your touch. Close to downtown, theatre, restaurant, and bars. Hydro cost 957.12/yr, Gas 1,450.20/yr.

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Property Summary

This detached home located at 42 Prospect Avenue, Cobalt is currently for sale and has been available on SousaSells for 393 days. This property is listed at $85,500 with an estimated mortgage of $285* per month. It has 1 bed, 2 bathrooms, and is 700-1100 square feet. 42 Prospect Avenue, Cobalt is in the Cobalt neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cobalt, Cobalt.

Great for Small Household / Couples
What We Love About This Home
  • •1 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 11, 2025
Sold price information is available to members only
AddedAug 1, 2025 (393 days ago)
UpdatedNov 5, 2025 (297 days ago)
Last Checked20 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Wood
BasementCrawl Space
Lot Size27 Ă— 66 Feet
CountyTimiskaming
Annual Tax$2,825.08
Legal DescriptionPCL 7646 SEC NND; PT LT 418 PL M47NB COLEMAN AS IN NLT18650 S/T NLT5546; COBALT ; DISTRICT OF TIMISKAMING

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

None listed

Interior Features

  • Built-In Oven

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 42 Prospect Avenue, Cobalt, ON

Q.What is the asking price for 42 Prospect Avenue, Cobalt, ON ?

The current listing price for 42 Prospect Avenue, Cobalt, ON in Cobalt, Cobalt is $85,500.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 2 bathrooms across approximately 700-1100 sqft.

Q.What property type and architectural style is 42 Prospect Avenue, Cobalt, ON ?

42 Prospect Avenue, Cobalt, ON is a Detached (Bungalow) featuring a Crawl Space basement.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

Location

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42 Prospect Avenue, Cobalt, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Cobalt, Cobalt

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

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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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 Prospect Avenue, Cobalt, ON P0J 1C0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobalt.

Configure Loan Settings

Interest Rate4.00%
Down Payment$25,650 (30.0%)
* Minimum Canadian down payment required for this price is $4,275.
Amortization Period30 Years
Estimated Monthly Payment$285Based on a loan of $59,850 over 30 years.
Purchase Price$85,500
Loan Amount$59,850
Provincial Land Transfer Tax:$580
Total Estimated Closing Taxes:$580

About Purchasing a Home in Cobalt, ON

For a property listed at $85,500 in Cobalt, the legal minimum down payment is $4,275 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 $580 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 $580.

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Cobalt, Cobalt Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cobalt, Cobalt.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$158,836

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Cobalt, Cobalt

Elementary Schools

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Secondary Schools

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Cobalt, Cobalt Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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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