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Property Description
Come home to Cobourg, the "Feel Good Town". This recently renovated condominium is an excellent opportunity to enter the world of home ownership, downsize or invest! Bright sunny unit with minimal stairs, large windows, 2 bedrooms, full bath and laundry, spacious private covered terrace with BBQ's allowed, designated parking. Renovated in 2023, including Updated Kitchen with hardwood floors, new counters, ceramic backsplash, and more. Wide Plank Hardwood and ceramic tile throughout. Freshly painted. New Lighting. Bright South facing windows, open concept living/dining, ample storage and a private location. Appliances Included, Gas Heat & Central Air, Built in 2006, Private Parking and Guest Parking, Quiet area, Just minutes to Downtown Cobourg, The Beach and Lake Ontario. Walk down the street to Lucas Point Park.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-14 | 2024-04-03 | 20 | $495,000 | - | Terminated |
| 2024-03-14 | 2024-04-03 | 20 | $495,000 | - | Terminated |
| 2024-02-12 | 2024-03-14 | 31 | $499,000 | - | Terminated |
| 2023-06-27 | 2023-07-21 | 24 | $499,000 | - | Terminated |
| 2022-10-12 | 2022-11-01 | 20 | $399,000 | $405,000 | Sold |
| 2022-08-29 | 2022-10-12 | 44 | $399,000 | - | Terminated |
| 2021-03-10 | 2021-03-23 | 12 | $365,000 | $425,000 | Sold |
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
800-899
Taxes
$2,601 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (405)
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 8.50' x 6.56' | Hardwood Floor |
| Living | Main | 11.58' x 16.34' | Hardwood Floor, Combined W/Dining |
| Dining | Main | 11.58' x 6.50' | Hardwood Floor, Combined W/Living |
| Kitchen | Main | 7.94' x 8.27' | Tile Floor, Ceramic Back Splash |
| Prim Bdrm | Main | 14.57' x 10.50' | Hardwood Floor, W/I Closet |
| 2nd Br | Main | 10.86' x 10.20' | Hardwood Floor |
| Laundry | Main | 5.02' x 7.91' | |
| Bathroom | Main | 5.02' x 8.01' | 4 Pc Bath |
| Other | Main | 5.02' x 5.48' | W/I Closet |
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Cobourg Market Statistics
Cobourg Price Trend
243 Ruttan Terr 405 is a 2-bedroom 1-bathroom townhome listed for sale at $465,000, which is $206,428 (30.7%) lower than the average sold price of $671,428 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 2 bedroom townhome in Cobourg increased by $84,428 (14.4%) compared to the previous 30 day period (March 4 - April 2) and up $173,028 (34.7%) from the same time one year ago.Inventory Change
There were 8 2-bedroom townhomes listed in Cobourg over the last 30 days (April 3 - May 2), which is down 33.3% compared with the previous 30 day period (March 4 - April 2) and up 700.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Cobourg typically sold ($18,085) (2.7%) below asking price over the last 30 days (April 3 - May 2), which represents a $13,125 decrease compared to the previous 30 day period (March 4 - April 2) and ($5,400) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom townhomes in Cobourg over the last 30 days (April 3 - May 2) stood at 87.5%, up from 41.7% over the previous 30 days (March 4 - April 2) and down from 500.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom townhome in Cobourg stood at 12 days when successfully sold over the last 30 days (April 3 - May 2), compared to 18 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Service Real Estate Inc.
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