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248 Ruttan Terrace, Cobourg, ON K9A 5X6

3 beds · 3 baths · 1 kitchen · 10 rooms · 3 parking spaces · 1500-2000 sq ft · Laundry on the upper level level · Semi-Detached
$648,000
Property tax
$4,971 / year

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.

MLS number
X13789212
Type
Semi-Detached
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
K9A 5X6
Photos
50
Laundry
Upper Level level
0days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Merwin Greer Public School
Kawartha Pine Ridge DSB
Elementary398 m6.8 / 10
68% met the standard
Cobourg Collegiate Institute
Kawartha Pine Ridge DSB
Secondary1.3 km6.7 / 10
67% met the standard · 2 of 6 measures
C R Gummow Public School
Kawartha Pine Ridge DSB
Elementary1.4 km7.3 / 10
73% met the standard
Centre for Individual Studies Northumberland
Kawartha Pine Ridge DSB
Secondary2.4 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 510 people.

$91,000Median household income
97.9%Own their home
81.3%Detached houses
58.4Median age
15.8%Born outside Canada
28.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35140169 — the few blocks around this address, home to 510 people. It describes the area, not this property.

510Population
52.5Average age
2.1Household size
$111,000Average household income
$91,000Median household income
98%Own their home
2%Rent
13%Condominiums
16%Born outside Canada
28%University degree
$680,000Average home value
5%Low income
86%Not in the labour force
17%Never married
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9994%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9993%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over31%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9999%
$200,000 and over7%

Percentages are of the 350 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$129,600 · minimum here is $39,800
$2,869.20per month
Borrowed before insurance$518,400
Total borrowed$518,400
Interest over 25 years at 4.5%$342,361

If you rented it out

-$3,283.45per month out of pocket
Rent$0.00
Everything it costs to hold$3,283.45
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal Service Real Estate Inc.. Listing data provided by the Toronto Regional Real Estate Board.