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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 43 days

    Unit 506 — 249 Ruttan Terrace

    Cobourg·Cobourg, ON·K9A 5X6·Near King St E & Wilmott St

    • 2 beds
    Cobourg real estate›X13079092
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome To This Beautifully Updated 2-Bedroom Condo In The Charming Town Of Cobourg, Offering The Perfect Blend Of Comfort, Style, And Convenience. Ideally Located Within Walking Distance To Scenic Lake Views, This Home Allows You To Enjoy The Best Of Waterfront Living Without Compromising On Everyday Accessibility. Inside, You'll Find A Bright And Inviting Open Concept Living And Dining Area, Thoughtfully Designed To Maximize Space And Functionality. The Unit Has Been Fully Renovated From Top To Bottom, Showcasing Modern Finishes Throughout That Create A Clean, Move-In-Ready Feel. The Updated Kitchen Features Stylish Cabinetry, A Contemporary Backsplash, And A Layout That Flows Seamlessly Into The Main Living Space - Perfect For Both Relaxing And Entertaining. Both Bedrooms Are Well-Proportioned, Offering Comfortable Retreats With Ample Natural Light, While The Updated Bathroom Reflects The Same Attention To Detail Seen Throughout The Home. Whether You're A First-Time Buyer Or Downsizer, This Condo Offers A Low-Maintenance Lifestyle In A Highly Desirable Lakeside Community. Enjoy Being Just A Short Stroll To Waterfront Trails, Parks, Local Shops, And Restaurants, All While Being Tucked Into A Quiet And Convenient Setting. A Fantastic Opportunity To Own A Turn-Key Property In One Of Cobourg's Most Sought-After Areas. Property Is Being Sold In As Is, Where Is Condition.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 4, 2026ListedCurrentFor sale$349,000 —X13079092This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 506 — 249 Ruttan Terrace
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,715
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $274
    0.94% mill rate · ON
    The market

    How this home sits in the Cobourg market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Cobourg market right now

    Average sold price, days on market, and closed-transaction count for Cobourg — sourced from MLS®.

    • Avg sold price
      $657,730
      Last 30 days
    • Median sold price
      $630,000
      Middle of the market
    • Days on market
      38 d
      Avg from list to close
    • Closed last 30d
      103
      MLS® transactions
    Full Cobourg market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 506 — 249 Ruttan Terrace — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 506 — 249 Ruttan Terrace and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 506 — 249 Ruttan Terrace listed for?

      Unit 506 — 249 Ruttan Terrace is listed at $349,000 on the MLS® (listing X13079092). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 506 — 249 Ruttan Terrace have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 1 bath
  2. 1000-1199 sqft
  3. Condo Apartment
  4. Asking
    $349,000
    $0 / sqft · MLS® X13079092
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $480,143
    $441,731Confidence range$518,554
    Asking vs estimate
    ↓below
    −$131,143
    (-27.3%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Cobourg sell in about 38 days — this one has been listed 43 days.

    Avg sold price
    $657,730
    Median sold
    $630,000
    Avg days on market
    38
    Recently sold
    103
    See comparable sales
    • Welcome To This Beautifully Updated 2-Bedroom Condo In The Charming Town Of Cobourg, Offering The Perfect Blend Of Comfort, Style, And Convenience.
    • Ideally Located Within Walking Distance To Scenic Lake Views, This Home Allows You To Enjoy The Best Of Waterfront Living Without Compromising On Everyday Accessibility.
    • Inside, You'll Find A Bright And Inviting Open Concept Living And Dining Area, Thoughtfully Designed To Maximize Space And Functionality.
    • The Updated Kitchen Features Stylish Cabinetry, A Contemporary Backsplash, And A Layout That Flows Seamlessly Into The Main Living Space - Perfect For Both Relaxing And Entertaining.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    None
    Parking spaces
    1
    Driveway
    1
  6. Interior

    4
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    8
  7. Exterior & construction

    5
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    Patio
    Open
    Balcony
    Open
  8. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Apartment
    Property class
    Condo Apartment
  9. Room-by-room · 5 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Primary Bedroom
      walk-in closet(s) · window
      15.4 × 10.2 ft
    • Living Room
      large window · open concept · combined w/kitchen
      13.1 × 11.8 ft
    • Dining Room
      open concept · combined w/kitchen
      10.2 × 9.8 ft
    • Bedroom 2
      closet · window
      11.8 × 9.5 ft
    • Kitchen
      open concept · backsplash · stainless steel appl
      10.8 × 6.6 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $586
    per month
    Maintenance fee includes
    • Parking
    Building details
    • Unit506
    • Storeys (building)1
    • ExposureSouth
    • LockerNone
    • Parking typeSurface
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpNSCC
    • Corp #46
    • Property managerGenedco
    Combined estimate
    $1,989
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,715
    /mo
    based on the purchase price of $349,000
    $69,800 cash
    $279,200 financed
    $235,160 total interest
    Monthly payment$1,715/ month
    Principal54%$279,200
    Interest46%$235,160

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Cobourg

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 841 Battell Street
      Sold
      Sign in for price
      841 Battell Street
      Condo Apartment
    • 133 Ontario Street
      Sold
      Sign in for price
      133 Ontario Street
      Condo Apartment
    • 235 Ruttan Terrace
      Sold
      Sign in for price
      235 Ruttan Terrace
      Condo Apartment
    • 107 Marisa Lane
      Sold
      Sign in for price
      107 Marisa Lane
      Condo Apartment
    • 26 Spencer Street
      Sold
      Sign in for price
      26 Spencer Street
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 506 — 249 Ruttan TerraceThis home2 / 110,001,199$349,000ask———
    841 Battell Street2 / 11,000—
    133 Ontario Street2 / 1800—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Cobourg

    Active listings within ±20% of this asking price.

    • 26 Spencer Street
      $329,000
      26 Spencer Street
      Condo Apartment 1 1
    • 133 Ontario Street
      $359,000
      133 Ontario Street
      Condo Apartment 1 1
    • 430 Lonsberry Drive
      $389,900
      430 Lonsberry Drive
      Condo Apartment 2 2
    • 242 D'arcy Street
      $299,900
      242 D'arcy Street
      Condo Apartment 2 1
    • 79 King Street
      $399,000
      79 King Street
      Condo Apartment 1 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  10. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  11. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  12. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  13. Public listing courtesy of DAN PLOWMAN TEAM REALTY INC. · displayed on Summitly per MLS® data-share rules

    Unit 506 — 249 Ruttan Terrace is a 2-bedroom, 1-bath, 1000-1199 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was Unit 506 — 249 Ruttan Terrace built?

    The year built for Unit 506 — 249 Ruttan Terrace isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for Unit 506 — 249 Ruttan Terrace?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 506 — 249 Ruttan Terrace plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on Unit 506 — 249 Ruttan Terrace?

    The affordability calculator on this page shows an estimated monthly mortgage for $349,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has Unit 506 — 249 Ruttan Terrace been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 506 — 249 Ruttan Terrace with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is Unit 506 — 249 Ruttan Terrace in?

    Unit 506 — 249 Ruttan Terrace is in Cobourg, Cobourg. The 'Neighbourhood' section below links to the live Cobourg real estate hub with average sold price, days on market, and current inventory.

  19. Is Cobourg a good place to live?

    Cobourg is one of ON's actively-tracked Summitly markets. The full Cobourg real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  20. 235 Ruttan Terrace
    1 / 1
    800
    —
    107 Marisa Lane2 / 21,200—
    26 Spencer Street1 / 1500—