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    Hamilton East / Cobourg

    240 Chapel Street

    Highlights

    Property Type:
    Condo
    Number of Storeys:
    3
    Number of Units:
    No Data
    Condo Completion:
    No Data
    Condo Demand:
    Low
    Unit Size Range:
    400 - 1,021 SQFT
    Unit Availability:
    Low
    Property Management:
    Genedco Property Management

    Amenities

    Games Room
    Indoor Parking
    Party Room
    Media Room
    Gym
    Visitor Parking
    Amenity details for reference only. Independently verify accuracy.

    About 240 Chapel Street — Palisade Gardens

    The Suites

    The average cost per-square-foot for a unit at 240 Chapel Street is $427, based on the past 12 months of sales, and these suites have a low probability of receiving multiple offers.

    Units at Palisade Gardens spend 120 days on the market on average and usually sell for -12.26% below the listing price. In the last 12 months, 0 units has rented, and 2 have sold.

    Heat
    Included
    Water
    Included
    Hydro
    Not Included
    Air Conditioning
    Not Included

    Listing History for Palisade Gardens

    Aug, 2025
    240 Chapel St, unit 325 for sale
    Unit 325
    Aug 14, 202525 days on strata
    Sold for $235,000Listed for $267,8501 bd | 1 ba | 500-599 sqft | 1 pkg
    Feb, 2025
    240 Chapel St, unit 321 for sale
    Unit 321
    Feb 18, 2025216 days on strata
    Sold for $315,000Listed for $324,9001 bd | 2 ba | 926 sqft | 1 pkg
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    Map

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    Building Trends At Palisade Gardens

    Days on Strata

    Units at Palisade Gardens spend an average of
    120
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    12%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Cobourg

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    23%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 17 condos in the Cobourg area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Palisade Gardens offers the
    ?
    N/A
    best value out of 17 condos in the Cobourg neighbourhood

    Appreciation Rank

    Palisade Gardens has the
    ?
    N/A
    highest ROI out of 17 condos in the Cobourg neighbourhood

    Rental Yield

    Palisade Gardens yields the
    ?
    N/A
    highest rent prices out of 17 condos in the Cobourg neighbourhood

    High Demand

    Palisade Gardens is the
    ?
    N/A
    most popular building out of 17 condos in the Cobourg neighbourhood

    Market Insights

    Transaction Insights at Palisade Gardens

    1 Bed2 Bed
    Price Range$235,000 - $315,000No Data
    Avg. Cost Per Sqft$469No Data
    Avg. Wait for Unit Availability556 Days113 Days
    Ratio of Units in Building16%85%

    Market Inventory

    Total number of units listed and sold in Cobourg