Home with brick exterior material, street for 478 Cumberland St, Ottawa Ontario K1N 7J9
Re-listed 4 hours ago

478 Cumberland St, Ottawa, Ontario K1N 7J9

Townhouse
4 + 2
2
~1100-1500 sqft
$•••,•••
$749,900
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$3,750Cashback
Townhouse
4 + 2
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market4 hours

Total days on market
105 days

Estimated valueNot available

Price/Sqft$590/sqft

Monthly cost

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+1

Properties sold*

$835K

Median sold price*

*Based on last 30 days

Description

Calling all investors for a wonderful opportunity to own this townhouse that is a short walk to uOttawa. Never a vacancy. The property has been in the same family for almost 40 years. It is set up with individual leases to young ladies attending the university. Please speak to the listing agent for more details. Offers a good cap rate of 5.2% with some great upside potential to increase the income. 24 hours notice for Showings. 24 hours irrevocable and Schedule B to accompany offers. Furnace (2024) See attached Financials. Photos are from current and past tenant set-up so may not fully reflect the way the rooms show currently. Showings Tuesdays, Thursdays, and Saturdays from 1 to 6 pm. The Townhome next door at 480 Cumberland is also available.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size1,071 SqFt(66 x 16.24)
Parking Spaces-
MLS ®NumberX12409300
Community NameSandy Hill - Ottawa East
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Forced Air
Cooling: Window Unit
Basement: Full, Finished

Main Floor

Living

4.03 x 3.81

Kitchen

3.95 x 3.35

Br

3.78 x 2.76


Features

Lot size: 1,071 SqFt

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
4 hours on market
history photo preview25
Listing by trreb®

Market Data - Sandy Hill - Ottawa East

Geo Zone Map ThumbnailSandy Hill - Ottawa East

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

75 days

2023

7 days

2022

55 days

New Listings

Past 30 days

6 listings

Compared to

2024

6 listings

2023

0 listing

2022

3 listings

Units sold

Past 30 days

2 units

Compared to

2024

1 unit

2023

1 unit

2022

3 units

Median Sold Price

Past 30 days

$772,500

Compared to

2024

$835,000

2023

$780,000

2022

$610,000


Population and Demographics

Overview

Total population 9471
Average household income $131,814

Age (%)

0 to 19
16%
20 to 34
41%
35 to 49
15%
50 to 64
15%
65 and plus
13%

Household composition (%)

Single person
51%
Single family
34%
Multi person
15%
Multi family
0%

Mother tongue (%)

English
59%
French
21%
English and French
4%
Others
4%
Arabic
4%
Mandarin
2%
Spanish
2%
French and non-official language(s)
2%

House tenancy (%)

Renters
76%
Owners
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget