706 - 383 Cumberland Street N

$239,900 + $486.86 monthly maintenance Est. $1,062/mo ↓

Ottawa, Ontario K1N 1J7

1 Bedrooms

1 Bathrooms

500 - 599 sqft Interior

1 day ago Listed

Central Air Conditioning Other Landscaped, Lawn Sprinkler

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About this home

ATTENTION INVESTORS. This condo can produce a positive cash low. Similar condos rent for 1900$. Calculation based on minimum deposit 20%, 25 years amortization at 4.5%, condo fees 490$ and taxes 220$. Could be a very smart investment for parents who's children are attending university. This condo is on the east side of the building away from busy Cumberland street. On this side, you can sleep with your windows open. Only one owner, pride of ownership, very well maintained. Quick closing a possibility (id:28469)

Facts & features

Property

MLS® Number: X13795004
Property Type: Single Family
Community Name: 4001 - Lower Town/Byward Market
Ownership: Condominium/strata
Amenities Near By: Public Transit
Community Features: Pets Allowed With Restrictions, Community Centre
Features: Elevator, Balcony, Level, Paved Yard, Carpet Free
Structure: Patio(s)
View Type: View

Building

Bathroom Total: 1
Bedrooms Above Ground: 1
Bedrooms Total: 1
Age: 16 To 30 Years
Amenities: Exercise Centre, Recreation Centre, Storage - Locker
Appliances: Barbeque, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Basement Type: None
Cooling Type: Central Air Conditioning
Exterior Finish: Brick
Foundation Type: Block, Poured Concrete
Heating Fuel: Natural Gas
Heating Type: Other
Size Interior: 500 - 599 Sqft
Type: Apartment

Parking

No Garage: —

Land

Acreage: No
Land Amenities: Public Transit
Landscape Features: Landscaped, Lawn Sprinkler

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $1,062/mo
Maintenance fee: $486.86 monthly
Ontario land transfer tax: $2,124 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $2,124 back on land transfer tax.

The Lower Town/Byward Market market

87 Active listings

$475,000 Median asking price

49% below median This home

46 days Avg. time on market

Browse all Lower Town/Byward Market listings →

Rooms

Main Level

Great Room 5.51 m x 4.05 m
Bedroom 2.87 m x 2.77 m

Location

706 - 383 Cumberland Street N, Ottawa, Ontario K1N 1J7 · Get directions