5 Dunning Drive, Cobalt, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Cobalt. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,999 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
Description
Exceptional opportunity to acquire vacant land in the heart of historic Cobalt! Featuring street exposure on three sides, 5 Dunning Drive offers a prominent setting for a future residential project. R3 zoning provides potential for residential development, subject to applicable holding provisions, municipal requirements and approvals. Potential lake views from the second storey and above, depending on building placement and design. The property offers convenient transit access with a bus stop at your doorstep. Explore the possibilities in this distinctive Northern Ontario community.
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Property Summary
This vacant land located at 5 Dunning Drive, Cobalt is currently for sale and has been available for 2 days. This property is listed at $499,999 with an estimated mortgage of $1,664* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 5 Dunning Drive, Cobalt is in the Cobalt neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cobalt, Cobalt.
- •Desirable Vacant Land architecture in Cobalt, Cobalt
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Cobalt?
If you are looking for a house in Cobalt or researching Cobalt real estate for sale, this vacant land at 5 Dunning Drive, Cobalt, ON offers an exceptional opportunity to buy a home in Cobalt, Ontario. Whether you are a first-time Cobalt home buyer or comparing active Cobalt MLS® homes for sale, working with a dedicated Cobalt buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Cobalt realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Cobalt Buyer Budget & Costs
Estimated mortgage: $1,664*/month*. Estimated Ontario Land Transfer Tax: $6,475. First-time Cobalt home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Cobalt
Frequently Asked Questions about 5 Dunning Drive, Cobalt, ON
Q.What is the asking price for 5 Dunning Drive, Cobalt, ON ?
The current listing price for 5 Dunning Drive, Cobalt, ON in Cobalt, Cobalt is $499,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 5 Dunning Drive, Cobalt, ON ?
5 Dunning Drive, Cobalt, ON is a Vacant Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Cobalt, Cobalt
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
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.
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.
Pricing & Value Insights
Data-driven valuation for 5 Dunning Drive, Cobalt, ON P0J 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cobalt, ON
For a property listed at $499,999 in Cobalt, the legal minimum down payment is $25,000 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 $6,475 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 $6,475.
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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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