For saleMLS® T14088710

5 Dunning Drive, Cobalt, ON P0J 1C0

Cobalt · Near Cobalt St / Prospect avenue · View map

$499,999
0Baths
Vacant landType
NoneParking
$391/yrTaxes
$499,999
FreeholdNo monthly condo fee

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/Houses/Condos/Long Term Care Centre. 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.

The home

Type
Vacant land
Bathrooms
0
Faces
East

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$391/yr
Tax year
2026
Occupancy
Vacant
Possession
Vacant
Cross street
Cobalt St / Prospect avenue
Neighbourhood
Cobalt

More

MLS® number
T14088710

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$2,049per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    5 Dunning Drive, Cobalt, ON P0J 1C0

    Cobalt · Near Cobalt St / Prospect avenue

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 5 Dunning Drive

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 5 Dunning Drive

    Answers come straight from this home’s MLS® listing.

    How much is 5 Dunning Drive listed for, and what would it cost each month?

    5 Dunning Drive is listed for $499,999. With 20% down ($100,000), the mortgage payment would be roughly $2,017 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,049 a month, all in. That figure is an illustration, not a quote.

    Is 5 Dunning Drive freehold or a condo, and is there a monthly fee?

    5 Dunning Drive is a vacant land in Cobalt. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 5 Dunning Drive have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 5 Dunning Drive?

    5 Dunning Drive is a vacant land. Vacant land and farms are sold for the land itself; zoning, services and access decide what can be built.

    What are the property taxes for 5 Dunning Drive?

    Property taxes are $391 a year (2026), or about $33 a month.

    Where is 5 Dunning Drive?

    5 Dunning Drive is in Cobalt. The nearest main intersection is Cobalt St / Prospect avenue. The postal code is P0J 1C0.

    Is 5 Dunning Drive still for sale?

    Yes. It is an active listing (MLS® T14088710). Listings here update from the board through the day and come down once a home sells.

    What have homes at 5 Dunning Drive sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 5 Dunning Drive?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

    Call Text Explore Home value

    Have questions?

    Call or text today — we're here to help.

    647-931-3923
    CallText