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$499,900
Status: For Sale
1316 Cumberland Street is a strong income producing fourplex bringing in approximately $53,556 in annual rental income with an estimated NOI of $38,488. At the current asking price, that works out to an impressive 7.7% cap rate and approximately 12% cash-on-cash ROI (Approx figures. Actual rates, expenses and returns may vary) Add in a metal roof and a ton of parking in the rear - a huge advantage for a multi-unit property, and you've got an investment built for strong cash flow today with long-term potential. Four units. Great income. High cash flow. This one deserves a spot in your portfolio. Reach out now for income/expense breakdown.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X13769134 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :10 Sep, 2026 (60 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Stormont, Dund |
|---|---|
| Postal Code | :
K6J 4K7
|
| Price | : $499,900 |
|---|---|
| Property Taxes | :$3169.0 |
| Tax Year | :2026 |
|---|
| Bedrooms | :6 + |
|---|---|
| No. of Rooms | :13 |
| Heating | :Baseboard |
| Cross Street | :Cumberland and Thirteenth |
| Bathrooms | :4 |
|---|---|
| Fuel | :Electric |
| Approx Square Footage | :1500-2000 sqft |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :4 |
| Basement | :Unfinished |
10 Sep, 2026
TREB #X13769134
Listed
$499900.0
