Looking for the space of a home without all the upkeep? This inviting 2-bedroom bungalow-style condo by Stalwood Homes offers an easy, low-maintenance lifestyle with comfortable living space, your own private outdoor area & a location that puts the best of Cobourg within easy reach. Tucked into an established community, this lower-level unit offers the convenience of one-level living with a functional open-concept design connecting the living room, dining area & kitchen. It's a layout that simply works, whether you're enjoying a quiet night at home, hosting family & friends or looking for space to make your own. The kitchen provides ample cabinetry & workspace while remaining open to the principal living areas. Two generously sized bedrooms give you options: create a comfortable primary retreat, guest room, home office or hobby space depending on your lifestyle. A full 4-pc bathroom & combined laundry/storage room add everyday practicality, with valuable storage conveniently located right inside the unit. But living here isn't limited to the indoors. Step outside to your private 12' x 11' patio, your own spot for morning coffee, summer dinners, BBQs, container gardens or simply relaxing outdoors. One exclusive parking space is included, along with visitor parking for your guests. When you want to venture out, shopping, restaurants, parks, schools & everyday amenities are only minutes away, while Cobourg's charming downtown, picturesque marina, waterfront & beautiful sandy beach offer plenty to enjoy close to home. Whether you're entering the market, ready to simplify or simply want a home that gives you more freedom & less maintenance, 249 Ruttan Terrace #505 offers an affordable opportunity to put down roots & enjoy the Cobourg lifestyle.
2 bedrooms, 1 bathroom, about 1,000 sq ft, works out to roughly $335 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 249 Ruttan Terr #505
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
Bungalow
Living space
1000-1199 sq ftas stated on the listing
Parking
2 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Condo Townhouse
249 Ruttan Terr #505 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13810638$335,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 249 Ruttan Terr #505 Compares to the Cobourg Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,646
/mo
based on the purchase price of $335,000
$67,000 cash
$268,000 financed
$225,726 total interest
Principal54%$268,000
Interest46%$225,726
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Cobourg
Other 3-bed homes for sale in Cobourg around $335K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio97.4%On average, homes sold below asking.
Active listings222Homes for sale here right now.
Median vs prior 90 days−1.5%Compared with May 7 – Aug 5, 2026: prices down.
Based on 150 sales from Aug 5 – Nov 3, 2026 (108 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 249 Ruttan Terr — plus its sale and lease history.
249 Ruttan Terr #505 is listed at $335,000 (MLS® X13810638). Summitly updates the price as soon as the MLS® record changes.
Is $335,000 a good price for 249 Ruttan Terr #505?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Cobourg. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 249 Ruttan Terr #505 changed?
No — 249 Ruttan Terr #505 is still listed at its original asking price of $335,000.
How many bedrooms and bathrooms does 249 Ruttan Terr #505 have?
249 Ruttan Terr #505 has 2 bedrooms and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo townhouse in Cobourg.
How much would the monthly mortgage be on 249 Ruttan Terr #505?
About $1,646 a month — principal and interest on $335,000 with 20% down ($67,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 249 Ruttan Terr #505 compare with other homes in Cobourg?
Its asking price of $335,000 is about 47% below the median sold price in Cobourg over the last 90 days, $628,000, across 150 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 249 Ruttan Terr #505 been sold before?
Summitly has no earlier MLS® sale or lease of 249 Ruttan Terr #505 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 249 Ruttan Terr #505?
249 Ruttan Terr #505 is in Cobourg, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 249 Ruttan Terr #505 been on the market?
43 days — 249 Ruttan Terr #505 was listed on September 21, 2026.
What is the price per square foot of 249 Ruttan Terr #505?
About $279 to $335 per square foot: the asking price of $335,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 249 Ruttan Terr #505 have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 249 Ruttan Terr #505 have a basement, and is it finished?
The listing says 249 Ruttan Terr #505 has no basement.
