2 days on Market

383 Cumberland St #506, Ottawa, Ontario K1N 1J7

In the same building:
-
Condo
1
1
~500-599 sqft
$315,000
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Condo
1
1
~500-599 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$578/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$445K

Median sold price*

*Based on last 30 days

Description

Step into stylish urban living at the coveted East Market, perfect for first-time buyers and savvy investors alike. This bright, loft-style condo features soaring east-facing windows that flood the space with natural light, creating an airy, welcoming vibe. The open-concept layout includes a modern kitchen with stainless steel appliances plus newer countertops.The spacious bedroom offers generous closet space, while the sleek 4-piece bathroom adds a touch of comfort and convenience. Enjoy evenings on your oversized private balcony (5' x 17')ideal for relaxing with a book or hosting friends over drinks. Extras like in-unit laundry and secure underground parking make everyday living easy. Plus, the buildings upscale amenities elevate your lifestyle: a fitness room, meeting space, and a chic lounge that opens to a shared garden and BBQ area.Located in the heart of the Byward Market, you're steps from Ottawa's best restaurants, boutiques, and nightlife. Whether you're looking for your first home or a smart investment, this unit offers unbeatable value, location, and style. Some photos are virtually staged. Pets allowed.


Property Details

Style1 Storey/Apt
ViewClear
Age of property-
SqFt~500-599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12428402
Community NameLowertown
Data SourceTRREB
Listing byCOLDWELL BANKER FIRST OTTAWA REALTY

Features

Heating: Baseboard
Cooling: Central Air

Main Floor

Primary

2.76 x 2.84

Kitchen

4.03 x 2.43

Living

3.5 x 3.04

Laundry

0.0 x 0.0


Features

Patio: Encl
Balcony: Encl

Parking

Garage spaces 1

Garage type None

Other parking spaces 0

Total parking spaces 1


5Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Sep 26, 2025
ListedActive
$315,000
2 days on market
history photo preview29
Listing by trreb®

Market Data - Lowertown

Geo Zone Map ThumbnailLowertown

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

80 days

Compared to

2024

40 days

2023

30 days

2022

32 days

New Listings

Past 30 days

24 listings

Compared to

2024

31 listings

2023

21 listings

2022

17 listings

Units sold

Past 30 days

8 units

Compared to

2024

5 units

2023

2 units

2022

12 units

Median Sold Price

Past 30 days

$349,500

Compared to

2024

$445,000

2023

$342,500

2022

$404,100


Population and Demographics

Overview

Total population 7958
Average household income $111,627

Age (%)

0 to 19
14%
20 to 34
35%
35 to 49
18%
50 to 64
16%
65 and plus
16%

Household composition (%)

Single person
55%
Single family
34%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
57%
French
25%
Arabic
3%
English and French
3%
Mandarin
3%
Spanish
3%
Others
2%
French and non-official language(s)
1%

House tenancy (%)

Renters
75%
Owners
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget