Welcome to this remarkable Bungalow condo apartment located in the coveted neighborhood of Cobourg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $359,000 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.
This bright 2-bedroom, 1-bathroom condo offers comfort, convenience, and affordability in a desirable Cobourg location. Luxury vinyl plank and tile flooring extend throughout most of the unit, complemented by warm, neutral paint colours. The open-concept living area provides an inviting space to relax or entertain. The kitchen features a spacious peninsula with a breakfast bar for casual dining, while the adjacent dining area offers plenty of room to host family dinners or formal get-togethers. The generous primary bedroom includes a walk-in closet and large windows that fill the space with natural light. For added convenience, the unit also features newer in-suite stacked laundry appliances. Step outside to your private southeast-facing balcony, the perfect spot to enjoy your morning coffee in the sun or unwind with dinner in the shade on warm summer evenings.
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This condo apartment located at 249 Ruttan Terrace, Cobourg is currently for sale and has been available on SousaSells for 0 days. This property is listed at $359,000 with an estimated mortgage of $1,195* per month. It has 2 beds, 1 bathroom, and is 1000-1199 square feet. 249 Ruttan Terrace, Cobourg is in the Cobourg 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 Cobourg, Cobourg.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Cobourg.
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The current listing price for 249 Ruttan Terrace, Unit 3, Cobourg, ON in Cobourg, Cobourg is $359,000.
This property features 2 bedrooms and 1 bathroom across approximately 1000-1199 sqft.
249 Ruttan Terrace, Unit 3, Cobourg, ON is a Condo Apartment (Bungalow) featuring a None basement.
Interior highlights include: Primary Bedroom - Main Floor.
Yes, this property offers parking space for 1.0 vehicle (None).
Heating is provided via Gas and cooling via Central Air.
Request a live agent video tour or get 3D virtual walkthrough access for 249 Ruttan Terrace, Unit 3, Cobourg, ON .
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 249 Ruttan Terrace 503, Cobourg, ON K9A 5X6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cobourg.
About Purchasing a Home in Cobourg, ON
For a property listed at $359,000 in Cobourg, the legal minimum down payment is $17,950 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 $3,860 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 $3,860.
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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.