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480 Cumberland Street, Ottawa, ON 25 photos

$739,900

Active
480 Cumberland Street, Ottawa, ON· Sandy Hill
4+2
Bedrooms
2
Bathrooms
1100-1500
Sq Ft

About this Property

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.

Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X13090232

About Sandy Hill

University Urban · Avg $550K

Sandy Hill is a historic urban neighbourhood located directly east of Ottawa's downtown core, bounded by the Rideau River to the east, Rideau Street to the north, and the University of Ottawa campus to the south and west. This duality — heritage residential streets alongside a major university — gives Sandy Hill a unique energy that combines the architectural grandeur of embassy row with the youthful vitality of a university quarter.

Avg Home Price$550K
Walk Score91
Embassies10+
Walk to Downtown10 min
View Full Sandy Hill Guide

Features & Details

Property details of 480 Cumberland Street, Ottawa, ON

Property TypeAtt/Row/Townhouse
Style2-Storey
Size1100-1500 sq ft
BasementFull, Finished

Mortgage Calculator

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Mortgage Payment$3,635/monthly
Principal54%
Interest46%
Principal Amount$591,920
Interest$498,552
Total Payable$1,090,472
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$3,635
Mortgage + Expenses$3,635
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$
$
$
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Monthly Cash Flow-$3,635

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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