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$749,900

4+2 Beds

2 Baths

1100 - 1500 FEETSQ

QuickQuoteTM: $662K - $887K

Ottawa ON, K1N 7J9

MLS® # X12409300

Property Information:

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. (id:27)

Building Features:

  • Style: Townhouse
  • Building Type: Row / Townhouse
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Style - Attachment: Attached
  • Exterior Finish: Brick, Stone
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner
  • Appliances: Dryer, Hood Fan, Stove, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4+2
  • Bathrooms: 2
  • Amenities Nearby: Public Transit, Schools
  • Community Features: Community Centre
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 66.0 Feet
  • Lot Frontage: 16.2 Feet
  • Lot Size: 16.2 x 66 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage

Rooms:

  • Primary Bedroom 2nd Level 4.86 m x 3.44 m
  • 3rd Bedroom 2nd Level 3.66 m x 2.62 m
  • 4th Bedroom 2nd Level 3.34 m x 2.47 m
  • 5th Bedroom Lower Level 3.41 m x 2.89 m
  • Bedroom Lower Level 3.70 m x 2.63 m
  • Living Main Level 4.03 m x 3.81 m
  • Kitchen Main Level 3.95 m x 3.35 m
  • Bedroom Main Level 3.78 m x 2.76 m

Convert Measurement to:


Courtesy of: RE/MAX HALLMARK REALTY GROUP

REALTOR.ca  

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Location of 478 CUMBERLAND STREET, Ottawa, Ontario, K1N 7J9

Demographic Information of 478 CUMBERLAND STREET, Ottawa, Ontario, K1N 7J9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$133,502.45

Average Number of Children

1.43

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

3.03 %

High school certificate or equivalent

20.51 %

Apprenticeship trade certificate/diploma

1.8 %

College/non-university certificate

12.16 %

University certificate (below bachelor)

2.49 %

University Degree

60.02 %

Commuter

Travel To Work

By Car

37.31 %

By Public Transit

19.14 %

By Walking

35.35 %

By Bicycle

3.91 %

By Other Methods

4.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

98.32 %

Houses

1.68 %

Own Vs. Rent