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$749,900
Status: For Sale
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.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X12409300 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :21 Sep, 2025 (74 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Ottawa |
|---|---|
| Postal Code | :
K1N 7J9
|
| Price | : $749,900 |
|---|---|
| Property Taxes | :$5458.95 |
| Tax Year | :2025 |
|---|
| Bedrooms | :4 + 2 |
|---|---|
| No. of Rooms | :7 |
| Air Conditioning | :Window Unit(s) |
| Heating | :Forced Air |
| Cross Street | :Cumberland & Stewart |
| Bathrooms | :2 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1100-1500 sqft |
| Fireplace/Stove | :Yes |
| Living Room | :4.03 m x 3.81 m |
|---|---|
| Bedroom | :3.78 m x 2.76 m |
| Bedroom 3 | :3.66 m x 2.62 m |
| Bedroom 5 | :3.41 m x 2.89 m |
| Kitchen | :3.95 m x 3.35 m |
|---|---|
| Primary Bedroom | :4.86 m x 3.44 m |
| Bedroom 4 | :3.34 m x 2.47 m |
| Bedroom | :3.7 m x 2.63 m |
| Exterior Finish | :Brick, Stone |
|---|---|
| Parking Space | :0 |
| Basement | :Full |
| Laundry Level | :Lower Level |
|---|
17 Sep, 2025
TREB #X12409300
Listed
$749900.0
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