$395,000
2 Pyrite Street
Cobalt, Ontario
11bed4bath
Ontario
Cobalt Real Estate
Browse homes for sale in Cobalt • Median $120,000
$120,000Median Price
30Avg Days on Market
6Detached3Land1Commercial1Multi-Unit
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About Cobalt Real Estate
Cobalt, Canada, is a small yet historically rich city located in Northeastern Ontario, celebrated for its significant role in the silver mining boom of the early 20th century. Established in 1903, Cobalt quickly transformed from a mining camp to a bustling community, attracting settlers and prospectors alike. The remnants of its storied past are still visible today, with historical buildings and museums that reflect its mining heritage. The city's character is defined by a tight-knit community that values its history while embracing the future. Cobalt stands out for its picturesque lakes and natural beauty, making it a tranquil haven for those seeking a peaceful lifestyle amidst the rugged landscapes of Ontario.
The unique charm of Cobalt lies in its blend of old-world mining history and modern community spirit. With a small population, residents enjoy a slower pace of life, surrounded by stunning natural scenery. The vibrant local culture is evident in community events, such as the annual Cobalt Mining Museum’s heritage festival, which celebrates the city’s mining history and fosters community engagement. The Cobalt Lake provides recreational opportunities, including fishing and boating, complementing the outdoor lifestyle that many residents cherish. This city is also well-known for its strong sense of community, where neighbors know each other, and local businesses thrive.
With 11 active listings and a median listing price of just $85,500, Cobalt offers an affordable entry point for homebuyers. The average days on the market is a manageable 30, indicating a stable yet active real estate environment. The city appeals to a range of buyers, from first-time homeowners looking for budget-friendly options to retirees seeking a quiet, serene place to call home. Cobalt's rich history, community-oriented lifestyle, and affordable housing market make it a unique choice for those looking to settle in a small town with character and charm.
11 active listings with a median price of $85,500.
Lifestyle & Community
Living in Cobalt offers a unique blend of small-town charm and natural beauty. The community vibe is welcoming and inclusive, with various local events fostering a strong sense of belonging among residents. From farmers’ markets to seasonal festivals, there are plenty of opportunities for socializing and enjoying the outdoors. The lifestyle here is ideal for those who appreciate tranquility, outdoor activities, and a close-knit community atmosphere. Whether it's hiking along the scenic trails or spending a day at Cobalt Lake, residents enjoy an active lifestyle that seamlessly integrates nature and community.
Local Amenities
- Cobalt Mining Museum
- Cobalt Lake for recreational activities
- Local grocery stores
- Public library
- Community center
- Parks and walking trails
- Dining options including local cafes
- Medical clinic
- Gas stations
- Schools and educational facilities
- Public transportation access
Points of Interest
- Cobalt Mining Museum
- Cobalt Lake
- The historic Cobalt railway station
- Silver Nitrate Mine
- The Cobalt Historic District
- Cobalt's scenic hiking trails
- Local art galleries
- Nearby Temiskaming Shores
- Cobalt's annual mining heritage festival
- The Cobalt and Area Chamber of Commerce
Market Overview
The current real estate market in Cobalt is characterized by affordability, with a median listing price of $85,500, making it an attractive option for first-time buyers and those looking to downsize. With only 11 active listings and an average of 30 days on the market, homes are selling at a steady pace. Buyers can expect a range of properties, from historic homes to more modern builds, catering to various preferences. The market remains stable, with opportunities for value appreciation as interest in the area grows.
Investment Outlook
Cobalt presents promising investment opportunities, particularly for those interested in affordable housing markets. The rental market is stable, with demand from local workers and families. As the community continues to revitalize and attract new residents, investment in local properties could yield favorable returns. Additionally, ongoing developments and community events suggest a positive trend for future growth, making Cobalt an appealing choice for investors looking to enter the real estate market in Ontario.
Ideal For
Cobalt is ideal for first-time buyers seeking affordable homes in a charming community. It also appeals to retirees looking for a peaceful lifestyle and families desiring a close-knit environment with recreational opportunities. Investors may find value in the affordable housing market and rental potential, making Cobalt a versatile choice for various buyer types.
Living in Cobalt
Lifestyle
Living in Cobalt offers a unique blend of small-town charm and natural beauty. The community vibe is welcoming and inclusive, with various local events fostering a strong sense of belonging among residents. From farmers’ markets to seasonal festivals, there are plenty of opportunities for socializing and enjoying the outdoors. The lifestyle here is ideal for those who appreciate tranquility, outdoor activities, and a close-knit community atmosphere. Whether it's hiking along the scenic trails or spending a day at Cobalt Lake, residents enjoy an active lifestyle that seamlessly integrates nature and community.
Local Amenities
Cobalt Mining MuseumCobalt Lake for recreational activitiesLocal grocery storesPublic libraryCommunity centerParks and walking trailsDining options including local cafesMedical clinicGas stationsSchools and educational facilitiesPublic transportation access
Market Insights
The current real estate market in Cobalt is characterized by affordability, with a median listing price of $85,500, making it an attractive option for first-time buyers and those looking to downsize. With only 11 active listings and an average of 30 days on the market, homes are selling at a steady pace. Buyers can expect a range of properties, from historic homes to more modern builds, catering to various preferences. The market remains stable, with opportunities for value appreciation as interest in the area grows.
Investment Potential
Cobalt presents promising investment opportunities, particularly for those interested in affordable housing markets. The rental market is stable, with demand from local workers and families. As the community continues to revitalize and attract new residents, investment in local properties could yield favorable returns. Additionally, ongoing developments and community events suggest a positive trend for future growth, making Cobalt an appealing choice for investors looking to enter the real estate market in Ontario.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
8
$200K – $400K
1
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Cobalt Market ReportPrices, trends & analysisCost of Living in CobaltHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in CobaltSchools & ratings nearbyTransit in CobaltStops & stations nearbyParks in CobaltParks & recreation nearby
Frequently Asked Questions About Cobalt
How many homes are for sale in Cobalt?
There are currently 9 active residential listings in Cobalt. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Cobalt?
The median list price for homes in Cobalt is $120,000. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Cobalt?
Properties available in Cobalt include Detached (6), Land (3), Commercial (1), Multi-Unit (1). You can filter by property type using the search options on this page.
How long do homes stay on the market in Cobalt?
Homes in Cobalt spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Cobalt?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Cobalt?
Yes. You can browse homes in specific neighbourhoods within Cobalt using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.