477 Cumberland Street, Ottawa, Ontario K1N7K1

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$1,288,000
List Price
$1,288,000
MLS®
1288702
Days on Market
22
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Sandy Hill

Property Description

Solid brick 5 unit in Sandy Hill. Excellent investment opportunity with great cash flow. Consists of 4 one bedroom units & 1 two bedroom. One unit is non-conforming. Always fully tenanted. Tenants pay their own heat & hydro. Laundry on-site. Building has been extensively & stylishly updated. Attracts preferred tenants. Steps to Ottawa U, Rideau Centre, ByWard market shops, restaurants & Centretown. Windows in 2007, new Roof & Glass Canopy over back entrance in 2016, Common areas new flooring, patching & painting in 2019, front patio stairs rebuilt & front area landscaped in 2019, all apartments fully renovated with new floors (levelling, hardwood, luxury vinyl, tile), countertops (some quartz), bathrooms (vanities, tubs/showers), doors, all locks replaced w/ electronic locks, hardware, baseboards, some appliances, patching & painting 2018-2021. City of Ottawa Fire Dept. letter attached. 36 hrs notice for showings & 36 hrs for offers as military owner is out of country(as per form 244). (id:2579)

Additional Information

Ownership
Freehold
Heating Fuel
Electric
Subdivision
Sandy Hill
Levels
2
Country
Canada
Sewer
Municipal sewage system
Frontage Length
22 ft
Heating
Baseboard heaters
Total Number Of Units
5
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks