248 Ruttan Terrace, Cobourg, Ontario, K9A5X6




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$629,000
Cobourg
This 3-bedroom, 3-bathroom home in Cobourg is for sale offering roughly 1,750 sq ft of space. Listed at $629,000, it is attractively priced about 13% below the $724,900 median asking price in Cobourg. It has been on the market 51 days, fresher than the Cobourg average of 80 days.
Lovely, bright and spacious 3 Bedroom,3 Bath Semi located in Historic Cobourg's desirable, burgeoning East End. Perfectly situated at the end of a very private and quiet Cul de Sac with quick access to the 401. Close to parks and Lake Ontario and convenient to almost everywhere In town including the amazing waterfront trail. Updated kitchen with Quartz countertops, newer low maintenance laminate flooring, eat in at the kitchen bar or Dining room with walkout to deck and a large very private yard. Basement is unspoiled and has a rough in for a fourth bath and ready to be finished to your families taste. Start packing, this is the one. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 80 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Cobourg has been listed for 51 days, which is 29 days fresher than the city average of 80. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $629,000, about 7.7× the local median household income of $82,000.
Carrying it typically needs a household income of about $122,866 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice