For Sale - 478 Cumberland Street, Lower Town - Sandy Hill, Ontario

Est payment $3,553/mo
Views   1
Time on Jump  45 day
  • Great investment opportunity near uOttawa with consistent tenant occupancy.
  • Individual leases in place, catering to university students.
  • Good cap rate of 5.2% with potential for increased income.
  • Family-owned for nearly 40 years, showcasing stable ownership.
  • Recent furnace upgrade in 2024 ensures reliable heating.



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.
Listing IDX13090642
Address478 Cumberland Street
CityLower Town - Sandy Hill, Ontario
Price$739,900
Bed / Bath6 / 2 Full
Style2-Storey, Att/Row/Townhouse
ConstructionBrick, Stone
Land Size1071.84
TypeResidential
StatusFor Sale
Subtype Att/Row/TownhouseIndoor Features NoneAmenities Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdBasement Full, FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
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Listing Agency:  RE/MAX HALLMARK REALTY GROUP

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478 Cumberland Street
Lower Town - Sandy Hill , Ontario
6 2 $739,900
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