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 478 Cumberland is also available.
Address
480 Cumberland Street
List Price
$739,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Att/Row/Townhouse
Style of Home
2-Storey
Transaction Type
Sale
Area
Lower Town - Sandy Hill
Sub-Area
4003 - Sandy Hill
Region
Ottawa
Bedrooms
4 + 2
Bedrooms (Total)
6
Rooms Above Grade
7
Rooms Below Grade
2
Bathrooms
2
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
66
Lot Size Units
Feet
Lot Width
16.35
Parcel Number
042100088
Occupant Type
Tenant
Cross Street
Cumberland and Stewart
MLS® Number
X13090232
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Basement Area
Full, Finished
Postal Code
K1N 7J9
Posession Details
TBA
Parking
Street Only
Tax Amount
$5,359.60
Tax Year
2025
Site Influences
Public Transit, Rec./Commun.Centre, School
Interior Features
None
Property Features
Public Transit, Rec./Commun.Centre, School
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 4, PL 6 , PART 4 & 5 , 5R10415 , N OF STEWART ST, S/T & T/W N373189 ; S/T N373188 OTTAWA
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 7.81 x 3.6 | |
| Main | Kitchen | 4.1 x 3.33 | |
| Main | Bedroom | 3.77 x 2.56 | |
| Second | Primary Bedroom | 4.65 x 3.45 | Double Closet |
| Second | Bedroom 3 | 3.66 x 2.48 | |
| Second | Bedroom 4 | 3.34 x 2.41 | |
| Lower | Bedroom 5 | 3.89 x 2.65 | |
| Lower | Bedroom | 3.57 x 2.5 | |
| Lower | Laundry | 3.75 x 1.82 |