325 University Ave W, CobourgLiving in Cobourg · 325 University Ave W
Live in
Cobourg.
Trade the commute for a ten-minute walk to the water. New apartments for rent in the middle of a lakeside town of 20,000, an hour east of Toronto.
King Street, downtown Cobourg
What's in a name
CAEEDAR takes its name from everything this building was built to be — and everything Cobourg already is. Find the town's concerts, markets and lakefront events at Experience Cobourg, then come home to an apartment built to match: geothermal-efficient, and right in the middle of it all.
Our core pillars
Living in Cobourg
A town people move to, not through.
People who move here from the city tend to describe the same first week. The drive to work is ten minutes instead of an hour. The beach is at the end of the street. You start recognising faces at the grocery store. Nobody is in a hurry.
What Cobourg does not ask you to give up is the good part of a town. King Street is lined with independent shops, restaurants and cafes in a heritage conservation district built around Victoria Hall — a National Historic Site from 1860 that still puts on concerts and theatre. There is a farmers’ market, the Capitol Theatre, a marina and yacht club, and a summer calendar that runs from the Waterfront Festival to the Sandcastle Festival.
And when you do need Toronto, it is an hour down the 401, or a train ride from the VIA station in town.
The building
And right in the middle of it, CAEEDAR.
Seventy-one suites at 325 University Ave W, built new and built to run on geothermal. Brick and glass across four floors, built to sit comfortably beside the older buildings a few streets over. Tall windows in every suite, glass balcony railings, parking below ground, EV chargers, a resident lounge, and step-free layouts throughout.
- Resident lounge
- EV charging
- Underground parking
- Outdoor parking
- Storage lockers
- Bike lock-up
- Barrier-free suites
- Keyless entry
- Security system
- Elevator access
- Smoke-free building
“It is one of the first sustainable builds in our town.”John Henderson, Mayor of Cobourg — Global News
Around the building
Scroll through — or tap any photo to open it full size.
Energy efficient by design
No heating bill. Ever.
CAEEDAR is heated and cooled by geothermal, drawing steady temperatures from the ground instead of burning gas. Heat, cooling and water are built into your rent, so there is no furnace bill in January and no air conditioning bill in July. Insulated glazing holds that temperature where you set it. The only utility you set up is electricity.
Over 70% lower greenhouse gas emissions by design — about 52 tonnes a year kept out of the air.
Optional extras
Available suites
Tap a suite to see its floor plan and photos. Prices are per month. Pick a move-in date to see what is ready by then.
Inside the suites
Tall windows, open floors and a full kitchen in every suite.
In-suite laundry
Your own washer and dryer.
Full kitchen
Fridge, stove, dishwasher and microwave.
Central air
Geothermal heating and cooling.
Barrier-free options
Accessible suites in several layouts.
Downtown Cobourg, a short walk from the lake.
In the Sinclair Park neighbourhood, close to the beach, the shops and restaurants on King Street, and everything in town.
- West Beach and the waterfront Lake Ontario
- King Street shops and restaurants Downtown
- Victoria Hall Downtown
- Cobourg Public Library Downtown
- Northumberland Hills Hospital Elgin St W
- Northumberland Mall Shopping
- Highway 401 A few minutes' drive
Questions people ask
Mostly from people moving out of the city.
How far is Cobourg from Toronto?
About an hour east on Highway 401. There is also a VIA Rail station in town and a GO bus connection to Oshawa, so you can get in without driving.
What is included in the rent?
Heat, cooling and water. The building runs on geothermal heating and cooling, so there is no furnace bill in January and no air conditioning bill in July. You set up electricity, and choose your own internet, phone and cable.
How much are the apartments?
Suites start at $1,595 a month for a studio and run to $2,350 for a two bedroom, with one bedroom and one bedroom + den in between. Prices and availability change as suites are leased — the list above is current.
Is it really walking distance to the beach and downtown?
Yes. The building is at 325 University Ave W in the Sinclair Park neighbourhood. West Beach and the waterfront are a short walk, and so are the shops, restaurants, Victoria Hall and the Capitol Theatre on King Street.
Are there accessible suites?
Yes. Barrier-free suites are available in several layouts, and the building has elevator access throughout. Accessibility is the second letter of the name.
What is the parking situation?
Underground parking is $100 a month and outdoor parking is $60. Storage lockers are $65, and there is EV charging on site plus a bike lock-up.
How to rent
Three simple steps. We're happy to show you the building before you apply.
Book a viewing
Send a viewing request with a day and time that suits you. The leasing team will confirm by email or phone.
Book a viewingApply
Download the rental application and send it in with:
- Employment letter, tax documents, or proof of other income
- Most recent Notice of Assessment if self-employed
- Photo ID
Move in
Once approved, you'll sign the Ontario standard lease, pay a last month's rent deposit, and set up tenant insurance and electricity.
Book a viewing
Come see it in person.
Tell us which suite you’re interested in and when suits you. The leasing team will confirm a time by email or phone.
Viewings are at 325 University Ave W, Cobourg. Questions that aren’t about a viewing are welcome here too.