$499,999
Est. payment $2,214/moCalculate yours
5 Dunning Drive, Cobalt, ON P0J 1C0
Cobalt, Cobalt, ON P0J 1C0
Listing courtesy of CITYSCAPE REAL ESTATE LTD. MLS® T14088710
About this home
Exceptional opportunity to acquire vacant land in the heart of historic Cobalt! Featuring street exposure on three sides, 5 Dunning Drive offers a prominent setting for a future residential project. R3 zoning provides potential for residential development, subject to applicable holding provisions, municipal requirements and approvals. Potential lake views from the second storey and above, depending on building placement and design. The property offers convenient transit access with a bus stop at your doorstep. Explore the possibilities in this distinctive Northern Ontario community.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 5-9.99 acres
- Zoning
- R & M2
Financial
- Property Taxes
- $391 (2026)
Location
- Neighbourhood
- Cobalt
- Cross Street
- Cobalt St / Prospect avenue
- Direction Faces
- East
Listing
- MLS® Number
- T14088710
- Days on Market
- 2
- Listed On
- 2026-10-16
- Possession
- Vacant
- Listed By
- CITYSCAPE REAL ESTATE LTD.
Mortgage calculator
Estimated mortgage payment
$2,214 per month
- Principal and interest
- $2,214
- Property tax
- $33
- Condo fees
- $0
- Estimated monthly cost
- $2,247
Your mortgage
- Mortgage amount
- $399,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $264,167
Cash to close
- Down payment
- $100,000
- Land transfer tax
- $6,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $106,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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