249 Ruttan Terrace, Cobourg, ON

$349,900
MLS#:X13511346
2 beds
1 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Bungalow condo townhouse located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $349,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1000-1199 sqft
  • 2.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome Home! Discover the perfect blend of comfort, convenience, and low-maintenance living in this inviting bungalow-style two-bedroom condominium built by Stalwood Homes. Whether you're a first-time home buyer, looking to downsize, or searching for a great investment opportunity, this charming home is sure to impress.Enjoy the ease of one-level living in this bright, open-concept lower-level unit featuring a spacious living and dining area that flows seamlessly into the well-designed kitchen-perfect for everyday living and entertaining. The two generously sized bedrooms offer comfortable retreats, while the full bathroom and large combined storage/laundry room provide exceptional functionality and convenience.Step outside to your private 12' x 11' patio, an ideal space to enjoy your morning coffee, unwind after a long day, or entertain family and friends. This home also includes one exclusive parking space, along with ample visitor parking for your guests.Ideally located just minutes from parks, schools, restaurants, shopping, and everyday amenities, you'll also love being close to Cobourg's vibrant downtown, picturesque marina, and the beautiful sandy shores of Cobourg Beach. Whether you're enjoying waterfront walks, local cafés, or community events, everything you need is within easy reach.Offering the comfort of bungalow-style living, a fantastic location, and exceptional value, this condo is the perfect place to call home. Don't miss your opportunity to enjoy carefree condo living at its finest!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/2/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementNone
CountyNorthumberland
Annual Tax$3,246

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School, School Bus Route, Place Of Worship, Lake/Pond, Marina

Interior Features

Primary Bedroom - Main Floor, Water Heater Owned

Security Features

Community Features

Location

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249 Ruttan Terrace, Cobourg, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 249 Ruttan Terrace 505, Cobourg, ON K9A 5X6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobourg.

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Interest Rate5.25%
Down Payment$17,495 (5.0%)
* Minimum Canadian down payment required for this price is $17,495.
Amortization Period25 Years
Estimated Monthly Payment$1,981Based on a loan of $332,405 over 25 years.
Purchase Price$349,900
Loan Amount$332,405
Provincial Land Transfer Tax:$3,724
Total Estimated Closing Taxes:$3,724

About Purchasing a Home in Cobourg, ON

For a property listed at $349,900 in Cobourg, the legal minimum down payment is $17,495 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 $3,724 for this transaction. As this listing is in Cobourg (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,724.

Nearby Listings

Distance:

No current listings found in Cobourg.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cobourg, Cobourg.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$768,151

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Burnham
Public614 Burnham Street, Cobourg, Ontario, K9A 2X1
5.2
Notre Dame
Public760 Burnham Street, Cobourg, Ontario, K9A 2X6
4.6
C R Gummow
Public311 Cottesmore Avenue, Cobourg, Ontario, K9A 4E3
5.9
St. Joseph
Catholic919 D'Arcy Street, Cobourg, Ontario, K9A 4B4
3.6
Terry Fox
Public1065 Riddell Avenue, Cobourg, Ontario, K9A 5N4
7.3

Secondary Schools

Cobourg
Public335 King Street East, Cobourg, Ontario, K9A 1M2
5.6
St. Mary
Catholic1050 Birchwood Trail, Cobourg, Ontario, K9A 5S9
7.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.