240 Chapel Street, Unit 425
240 Chapel Street, Unit 425
$229,900
$418/sq ft · 61 days on market
About This Listing
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!
| Monthly Mortgage (P&I) | $1,002 |
| Property Tax (MLS) | $256 |
| Maintenance Fees | $551 |
| Total Monthly Cost | $1,808 |
Down payment: $45,980 (20.0%) · Mortgage: $183,920
Property tax uses MLS annual tax of $3,067/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by Royal LePage Frank Real Estate
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Data last updated: August 23, 2026 at 12:26 p.m.