A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 2540 Market St, Ottawa Ontario K4C 1A4
11 days on Market

2540 Market St, Ottawa, Ontario K4C 1A4

Townhouse
8
4
~3500-5000 sqft
$970,000
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$4,850Cashback
Townhouse
8
4
~3500-5000 sqft

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Highlights

Property Estimate

Days on market11 days

Estimated valueNot available

Price/Sqft$236/sqft

Monthly cost

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CMA Subject Property

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+372

Properties sold*

$615K

Median sold price*

*Based on last 30 days

Description

Charming Fourplex Investment Opportunity in Cumberland Village! Located in the serene and picturesque setting of Cumberland Village, this spacious fourplex offers a fantastic investment opportunity with decent rental income & long-term tenants. The building consists of four self-contained units, each designed for comfort and functionality. Each apartment features a combined living/dining area, an eat-in kitchen, two bedrooms, 4-piece bathroom, in-unit laundry & comes w/ an outdoor parking space plus a dedicated shed for additional storage. The two main-floor units each enjoy a private fenced patio off the kitchen, while the two upper-level units have their own private decks, offering tree-lined views and a peaceful outdoor retreat. Set on a large, tree-surrounded lot next to a quaint park, the property provides a quiet country feel & only a 15 min drive to Orleans. Tenants enjoy ample outdoor space and privacy, along with additional parking for up to 10 vehicles in total, ideal for guests or multi-vehicle households. Upgrades Include: New GENERAC generator(24), Fridge in Apt #2(23), Fridge in Apt #3 (22), All kitchen windows(22), Bathroom windows in Apts #1 & #3(22), 2nd bedrm window in Apt #1(22), Deck(19), eavestrough(19), Pressure tank(19), All front living room windows (17), Well pump (15), Culligan water system(14), All appliances in Apt #4(11), All bedroom windows(11), Washer/dryer in Apt #2(10), All appliances in Apt #1(08), Washer/dryer in Apt #3(08), Septic bed(06), Roof(06), Rental Breakdown: Apt #1 (Owner occupied): $900/mth, Apt #2: $935/mth, Apt #3: $950/mth, Apt #4: $950/mth. Each tenant is month to month & pays their own heat, hydro & hot water tank rental, keeping operational expenses lower for the owner. The floor plan shown is for Apartment #1, reflecting the layout of each unit (similar). Expenses: Insurance$3073/yr, Common Hydro $58/mth, Snow Removal $900/year.


Property Details

Style2-Storey
View-
Age of property16-30
SqFt~3500-5000 SqFt
Lot Size89,179 SqFt(515.34 x 173.05)
Parking Spaces10
MLS ®NumberX12241557
Community NameCity of Ottawa
Data SourceTRREB
Listing byROYAL LEPAGE PERFORMANCE REALTY

Features

Heating: Forced Air
Cooling: Window Unit

Main Floor

2nd Br

3.45 x 2.72

Primary

3.66 x 3.96

Kitchen

3.77 x 4.34

Eat-In Kitchen

Living

3.34 x 4.82

Laminate


Features

Lot size: 89,179 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property History

Jun 24, 2025
ListedActive
$970,000
11 days on market
history photo preview47
Listing by trreb®

Market Data - City of Ottawa

Geo Zone Map ThumbnailCity of Ottawa

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2024

20 days

2023

17 days

2022

12 days

New Listings

Past 30 days

561 listings

Compared to

2024

591 listings

2023

599 listings

2022

678 listings

Units sold

Past 30 days

300 units

Compared to

2024

372 units

2023

422 units

2022

368 units

Median Sold Price

Past 30 days

$620,000

Compared to

2024

$615,000

2023

$583,000

2022

$590,000


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget